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.
American Tower Corporation (NYSE: AMT) has announced the pricing of its senior unsecured notes offering due 2032, amounting to €500.0 million (approximately $562.0 million). The notes will carry an interest rate of 3.625% per annum and are being issued at 99.994% of face value.
The company expects net proceeds of €496.8 million (approximately $558.4 million) after deducting underwriting discounts and offering expenses. The proceeds will be used to repay existing debt under its $6.0 billion senior unsecured multicurrency revolving credit facility and for general corporate purposes.
American Tower Corporation (NYSE: AMT) has announced a quarterly cash distribution of $1.70 per share on its common stock. The distribution will be paid on July 11, 2025, to stockholders who are recorded as of the close of business on June 13, 2025. This dividend announcement demonstrates American Tower's commitment to providing regular returns to its shareholders.
American Tower Corporation (NYSE: AMT) has announced its scheduled presentation at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference. The presentation will take place on Tuesday, May 13, 2025 at 10:50 a.m. ET in Boston, Massachusetts. Investors can access both the live webcast and replay through the company's Investor Relations website.
American Tower is one of the largest global REITs, operating as a leading independent owner, operator, and developer of multitenant communications real estate. The company's portfolio includes over 149,000 communications sites and a highly interconnected footprint of U.S. data center facilities.
CoreSite, an American Tower company, has launched the Data Center Knowledge Base, a digital platform designed to educate the public about data centers' role in modern life. The initiative aims to explain how data centers serve as critical infrastructure for processing and storing data generated through everyday activities like smartphone use, streaming, and email.
Led by President and CEO Juan Font, the platform offers comprehensive resources including videos, infographics, and articles covering key areas:
- General data center operations and functionality
- Tech innovation and AI applications
- Economic impact and job creation
- Energy efficiency measures
- Community support and education initiatives
The platform reflects CoreSite's 20+ years of experience in providing interconnected data center solutions, highlighting their role in supporting critical business operations and AI workloads that impact daily life.
American Tower reported mixed Q1 2025 financial results, with total revenue increasing 2.0% to $2,563 million and property revenue up 0.2% to $2,488 million. However, net income decreased significantly by 45.9% to $499 million, primarily due to foreign currency fluctuations.
Key highlights include:
- Organic Tenant Billings grew 4.7%
- Adjusted EBITDA increased 1.9% to $1,744 million
- Property Gross Margin reached 75.9%
- Free Cash Flow improved 8.3% to $955 million
During Q1, the company acquired 242 communication sites and completed the sale of its South Africa Fiber assets for approximately $137.7 million. The company maintained strong liquidity of $11.7 billion and declared a quarterly dividend of $1.70 per share, representing 4.9% year-over-year growth. The company's Net Leverage Ratio stood at 5.0x, demonstrating stable financial management despite macroeconomic uncertainties.
CoreSite, an American Tower company (NYSE: AMT), has announced the acquisition of the Denver Gas and Electric Building, the primary interconnection point in the Rocky Mountain region. The acquisition of this network-dense carrier hotel will enable CoreSite to add approximately 3 critical megawatts (CMW) of data center capacity, nearly doubling DE1's space and power footprint.
The transaction will facilitate easier access to the Google Cloud Platform dedicated interconnects onramp and expand network access for CoreSite's Any2Denver Exchange. The company will gain about 100 interconnection-rich building customers and plans additional investments to enhance operational efficiency.
CoreSite's Denver campus currently includes DE1 and DE2, with the upcoming DE3 enterprise-grade data center under construction at 4900 N. Race Street. Once completed, DE3 will offer 97,000 square feet and 18 CMW of capacity.
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.