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 reports developments tied to its role as a global REIT that owns, operates and develops multitenant communications real estate. Recurring updates cover property revenue, leasing demand across tower assets, leverage, capital allocation, REIT distributions and presentations to communications, media and technology investors.
Company news also includes CoreSite, American Tower's U.S. data center business, where updates focus on interconnected data center services, the Open Cloud Exchange® platform, Ethernet Virtual Circuits, cloud and peering connectivity, internet exchanges and demand from hybrid-cloud, AI and high-performance computing workloads.
CoreSite (NYSE: AMT), an American Tower company specializing in interconnected data center solutions, will participate in Yotta 2025 at the MGM Grand in Las Vegas from September 8-10, 2025. The event focuses on addressing sustainable and scalable growth challenges in the AI era.
Notably, four CoreSite leaders have been named finalists for the prestigious iMasons 2025 IM100 award, including Juan Font (President and CEO), Anthony Hatzenbuehler (SVP of Operations), Chris Malayter (VP of Networking), and Megan Ruszkowski (VP of Marketing). The winners will be announced at the iMasons Awards Ceremony on September 9, 2025.
BitMine (NYSE AMERICAN: BMNR), the world's largest ETH Treasury company, has announced the appointment of David Sharbutt to its board of directors. Sharbutt brings significant experience from his 17-year tenure on American Tower's (AMT) board and his role as founder and CEO of Alamosa Holdings.
The company currently holds 1,792,690 ETH tokens valued at $4,591 per ETH, 192 Bitcoin, and $775 million in cash, with total holdings exceeding $9 billion. BitMine ranks as the #1 Ethereum treasury and #2 global treasury behind Strategy Inc (MSTR). The company aims to acquire 5% of ETH and is backed by prominent investors including ARK's Cathie Wood, Founders Fund, and Galaxy Digital.
American Tower (NYSE: AMT), one of the largest global REITs, has announced its participation in three major investor conferences in September 2025. The company will present at Citi's Global TMT Conference in New York (September 3), the Goldman Sachs Communacopia + Technology Conference in San Francisco (September 10), and the RBC Capital Markets Global Communications Infrastructure Conference in Chicago (September 16).
American Tower operates a portfolio of nearly 150,000 communications sites and maintains an interconnected footprint of U.S. data center facilities. Live webcasts and replays of the presentations will be available through the company's investor relations website.
American Tower (NYSE: AMT) has announced the election of Gene Reilly to its Board of Directors. Reilly brings 40 years of experience in real property investment, management, and operations to AMT's board. He most recently served as Vice Chairman of Prologis and held key positions including Chief Investment Officer (2019-2023) and Chief Executive of the Americas (2011-2019).
Prior to Prologis, Reilly was Chief Investment Officer at Cabot Properties and served on various industry boards including FIBRA Prologis and NAIOP. His appointment is expected to contribute to AMT's portfolio optimization and market leadership strategies.
CoreSite (NYSE:AMT) has completed a major infrastructure upgrade at the iconic One Wilshire® building in Los Angeles, which houses its LA1 data center. The building, considered one of the world's most interconnected facilities, processes approximately one-third of all trans-Pacific network traffic and hosts over 300 networks.
The upgrade included installing a new enterprise-class data center generator plant and enhancing electrical systems while maintaining 100% uptime for all clients throughout the project. This improvement supports CoreSite's Los Angeles data center campus, which includes LA1, LA2, and LA3 facilities, serving domestic and international carriers, enterprises, and media companies. Notably, LA3 is certified as part of the NVIDIA DGX-Ready Data Center program for AI and high-density applications.
Calibrant has successfully activated three front-of-the-meter battery storage systems in Westchester County, New York, delivering 13.5 MW / 55.7 MWh of dispatchable capacity to the Con Edison electric grid. The systems generate Value of Distributed Energy Resources (VDER) credits and utilize U.S.-manufactured batteries.
The company has secured 100% off-take agreements with commercial customers, including CoreSite (a data center operator) and a hospital institution. This innovative approach allows large energy users to benefit from New York's VDER program without hosting infrastructure on-site. The projects support New York's goal of deploying 6 GW of energy storage by 2030 and provide 20-year lease payments to site owners.
American Tower (NYSE: AMT), one of the largest global REITs, has announced its participation in two upcoming investor conferences in August 2025. The company will present at the KeyBanc Capital Markets Technology Leadership Forum in Park City, Utah on August 11 at 1:00 p.m. ET, and at the TD Cowen 11th Annual Communications Infrastructure Summit in Boulder, Colorado on August 12 at 1:15 p.m. ET.
American Tower operates a portfolio of nearly 150,000 communications sites and U.S. data center facilities. Investors can access live webcasts and replays of the presentations through the company's investor relations website.
CoreSite (NYSE: AMT) has completed a significant expansion of its Silicon Valley campus with the new SV9 data center, adding over 228,000 square feet of AI-ready infrastructure. The facility, located in Santa Clara, brings CoreSite's Silicon Valley campus footprint to 1.4 million square feet across nine data centers.
The SV9 data center is certified under the NVIDIA DGX-Ready Data Center program and offers direct connections to major cloud providers including AWS, Google Cloud, and Microsoft Azure. This expansion brings CoreSite's total portfolio to 30 data centers spanning approximately 4.5 million square feet across 11 U.S. markets, strengthening its position as a leading interconnection data center platform.
American Tower (NYSE:AMT) reported Q2 2025 financial results showing mixed performance. Total revenue increased 3.2% to $2.627 billion, while property revenue grew 1.2% to $2.527 billion. However, net income decreased significantly by 58.1% to $381 million, primarily due to foreign currency losses.
The company demonstrated operational resilience with Adjusted EBITDA growing 1.8% to $1.752 billion and AFFO attributable to AMT common stockholders, as adjusted, increasing 2.6% to $1.218 billion. U.S. operations showed strength with high Services revenue, while CoreSite achieved double-digit growth driven by AI-ready interconnection solutions.
The company maintained its capital allocation strategy, declaring a quarterly distribution of $1.70 per share, representing a 4.9% year-over-year growth. AMT's net leverage ratio stood at 5.1x with total liquidity of approximately $10.5 billion as of June 30, 2025.
American Tower (NYSE: AMT) has released its 2024 Sustainability Executive Report, highlighting progress across Environmental, Social, and Governance initiatives. Under CEO Steve Vondran's leadership, the company achieved significant milestones including enhanced energy storage capacity of one gigawatt hour across 24,500 sites and reached the halfway mark of its goal to impact two million people through digital initiatives by 2030.
Key achievements include recycling 98% of tower steel waste (9,700 tons) and providing 181,000 hours of employee training (averaging 38 hours per employee). The company has also launched redesigned sustainability webpages to improve stakeholder engagement and transparency.