Welcome to our dedicated page for American Tower news (Ticker: AMT), a resource for investors and traders seeking the latest updates and insights on American Tower stock.
American Tower Corporation operates as one of the world's largest independent owners of wireless communications infrastructure, making its news coverage particularly relevant for investors tracking telecommunications infrastructure trends and REIT performance. The company's announcements span tower portfolio expansions, data center developments through its CoreSite subsidiary, and quarterly financial results that reflect the health of the broader wireless industry.
News coverage for American Tower typically includes quarterly earnings releases detailing tenant addition metrics, revenue growth across geographic segments, and commentary on wireless carrier capital expenditure trends. These reports provide insights into how carriers are investing in network infrastructure and the pace of technology upgrades driving tower lease activity. CoreSite announcements regarding data center construction milestones, capacity expansions, and new market entries offer perspective on the company's digital infrastructure growth beyond traditional wireless towers.
Material events disclosed through SEC filings, industry conference presentations, and corporate development updates round out the news flow. Investors following American Tower can track how the company allocates capital between domestic and international markets, its approach to emerging wireless technologies, and management commentary on industry dynamics affecting tower demand. The company's participation in telecommunications and real estate investment conferences also generates newsworthy insights into strategic priorities and market conditions.
For investors analyzing REIT performance, infrastructure investments, or telecommunications industry trends, American Tower's news provides a window into the physical backbone supporting mobile connectivity. Bookmark this page to monitor developments across the company's tower operations, data center expansion, and financial performance.
American Tower (NYSE: AMT) has scheduled its first quarter 2025 earnings release for April 29, 2025. The company will release its financial results at 7:00 a.m. ET, followed by a conference call at 8:30 a.m. ET to discuss the quarterly performance.
Participants can pre-register for the conference call to receive dial-in information, and a live webcast will be available through the company's Investor Relations portal. The call recording will be accessible shortly after its conclusion at americantower.com/investor-relations/webcasts/.
American Tower operates as one of the largest global REITs, managing approximately 149,000 communications sites and a network of U.S. data center facilities.
American Tower (NYSE: AMT) has announced the pricing of its registered public offering of senior unsecured notes. The offering consists of:
- $650.0 million notes due 2030 with 4.900% interest rate, priced at 99.846% of face value
- $350.0 million notes due 2035 with 5.350% interest rate, priced at 99.724% of face value
The net proceeds, estimated at $988.9 million after deducting underwriting discounts and expenses, will be used to repay 2.400% senior unsecured notes due 2025, existing debt under their $6.0 billion senior unsecured multicurrency revolving credit facility, and for general corporate purposes. The offering is managed by J.P. Morgan Securities, BBVA Securities, BofA Securities, Citigroup Global Markets, and Morgan Stanley as Joint Book-Running Managers.
American Tower (NYSE: AMT) has announced its latest quarterly dividend distribution. The company's Board of Directors has declared a quarterly cash distribution of $1.70 per share on the Company's common stock. This distribution will be payable on April 28, 2025, to stockholders who are on record at the close of business on April 11, 2025.
American Tower (NYSE: AMT) has announced its scheduled presentation at the Deutsche Bank 33rd Annual Media, Internet and Telecom Conference. The presentation will take place on Monday, March 10, 2025 at 1:50 p.m. ET in Palm Beach, Florida.
Investors and interested parties can access both a live webcast and replay of the presentation through the Investor Relations section of American Tower's website. The company, positioned as one of the largest global REITs, currently manages a substantial portfolio of nearly 149,000 communications sites and maintains an interconnected network of U.S. data center facilities.
American Tower (NYSE: AMT) reported solid financial results for Q4 and full year 2024, with AFFO per Share growth meeting long-term targets. CEO Steven Vondran highlighted accelerating activity throughout the year, driven by mid-band deployments in the U.S. and Europe, 4G densification and early 5G upgrades in emerging markets, and strong leasing performance at CoreSite.
The company completed previously announced sales of its subsidiaries in Australia and New Zealand for approximately $77.6 million. Additionally, AMT received government approval to sell a South African subsidiary holding fiber assets for approximately $132.7 million, expected to close in Q1 2025.
As of December 31, 2024, AMT maintained a strong financial position with approximately $12.0 billion in total liquidity and a Net Leverage Ratio of 5.1x. In November 2024, the company issued $1.2 billion in senior unsecured notes to repay existing debt. AMT also provided its full year 2025 outlook, noting estimated negative impacts from foreign currency exchange rate fluctuations.
American Tower (NYSE: AMT) has announced the election of Rajesh Kalathur to its Board of Directors. Kalathur currently serves as President of John Deere Financial and Chief Information Officer of Deere & Company. In his role as CIO, he has led the implementation of IT agile operating model and digital transformation initiatives focusing on AI and automation technologies.
With over 27 years of experience across finance, information technology, operations, and sales and marketing functions, Kalathur previously served as Chief Financial Officer of Deere & Company. AMT's CEO Steve Vondran expressed confidence that Kalathur's extensive global financial, technical, and operating experience will provide critical perspective for optimizing and growing AMT's global business.
American Tower (NYSE: AMT) has scheduled its fourth quarter and full year 2024 earnings release for February 25, 2025. The company will release its financial results at 7:00 a.m. ET, followed by a conference call at 8:30 a.m. ET to discuss the results.
The conference call will be accessible via phone for U.S./Canada callers at (877) 692-8955 and international callers at (234) 720-6979, with access code 7716853. A live simulcast will be available on the company's investor relations website. An audio replay will be available from February 25, 2025, 11:30 a.m. ET through March 11, 2025.
American Tower, one of the largest global REITs, operates over 148,000 communications sites and U.S. data center facilities.
American Tower (NYSE: AMT) has released its tax reporting information for 2024 distributions. The company made four quarterly distributions throughout 2024:
- February 1, 2024: $1.70 per share
- April 26, 2024: $1.62 per share
- July 12, 2024: $1.62 per share
- October 25, 2024: $1.62 per share
Each distribution is classified as ordinary taxable dividends, with small portions qualifying as qualified taxable dividends and Section 897 ordinary distributions. The company noted that there were no capital gain, unrecaptured section 1250 gain, or non-dividend distributions for the 2024 tax year. The quarterly distribution declared in December 2024, payable on February 3, 2025, will be applicable to the 2025 tax year.
CoreSite, a subsidiary of American Tower (NYSE: AMT), will participate in the Pacific Telecommunications Conference 2025 from January 19-22 at the Hilton Hawaiian Village Waikiki Beach Resort in Honolulu. The event will feature several key presentations, including an executive panel discussion on 'AI Impact and the Future of Digital Infrastructure' with CoreSite CEO Juan Font, and a Lightning Talk on 'Harnessing the Power of Connectivity to Accelerate Technology Advancements' by VP Brian Eichman.
The company will also sponsor the PTC-W: Women's Reception and co-host a networking event with American Tower, Schneider Electric, and Kio Data Centers. CoreSite provides hybrid IT solutions for enterprises, cloud, network, and IT service providers, operating interconnected data center campuses with direct cloud onramps to support digital transformation.
American Tower (NYSE: AMT) has announced key leadership changes effective January 13, 2025. Eugene ('Bud') Noel, currently Executive Vice President and President of U.S. Tower Division, will assume the newly created position of Executive Vice President and Chief Operating Officer. In this global role, Noel will oversee AMT's worldwide operations and IT, focusing on operational efficiency and customer service.
Richard ('Rich') Rossi, currently Senior Vice President and General Counsel of U.S. Tower, will succeed Noel as Executive Vice President and President, U.S. Tower. Rossi, who joined AMT in 2001, has held various leadership positions across sales, marketing, finance, real estate, and operations.
The creation of the COO position aims to enhance customer service delivery and accelerate technology implementation across AMT's global platform.
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