Latest news with #AmericanTowerCorporation
Business Wire
6 days ago
- Business
- Business Wire
American Tower Corporation Releases 2024 Sustainability Executive Report
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced the release of its 2024 sustainability executive report and accompanying indices and supplements, which highlight the Company's progress across its three sustainability pillars: Environment, Social, and Governance. The report underscores American Tower's commitment to aligning sustainability with operational excellence and long-term value creation. 'Our sustainability strategy is rooted in driving business value while addressing the evolving needs of our customers and communities,' said Steve Vondran, American Tower's President and Chief Executive Officer. 'Through initiatives like our energy program, digital access efforts and operational efficiency improvements, we're delivering measurable results that strengthen our business and create shared value for all stakeholders.' Key highlights from the 2024 report include: Energy Innovation: Enhanced energy storage capacity to one gigawatt hour across 24,500 sites, improving reliability and efficiency. Digital Communities Program: Achieved the halfway mark of the Company's corporate social responsibility goal to positively impact the lives of two million people by 2030 through digital literacy, financial literacy and career skilling, and healthcare services. Circular Economy Commitment: Recycled or reused 98% of tower steel waste, totaling 9,700 tons, as part of resource optimization efforts. Employee Development Focus: Delivered over 181,000 hours of internal training in 2024, averaging 38 hours per employee, as part of ongoing efforts to support career growth and strengthen the Company's talent pipeline. This year, American Tower also launched redesigned and enhanced sustainability webpages, providing stakeholders with a more dynamic and interactive platform to explore the Company's sustainability initiatives and progress. For more information on American Tower's sustainability program and to view the Company's 2024 Sustainability Executive Report and accompanying indices and supplements, please visit the 'Sustainability' portion of the Company's website at About American Tower American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 149,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit Cautionary Language Regarding Forward-Looking Statements This press release contains 'forward-looking statements' concerning the Company's goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts. Actual results may differ materially from those indicated in the Company's forward-looking statements as a result of various factors, including those factors set forth under the caption 'Risk Factors' in Item 1A of its most recent annual report on Form 10-K, and other risks described in documents the Company subsequently files from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.
Business Wire
07-07-2025
- Business
- Business Wire
American Tower Plans Second Quarter 2025 Earnings Release and Conference Call
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) announced today that the press announcement of its second quarter 2025 results is scheduled to be released to the news services at 7:00 a.m. ET on Tuesday, July 29, 2025. In addition, the Company has scheduled a conference call at 8:30 a.m. ET on July 29, 2025, to discuss its results. Earnings Call Information Date/Time Tuesday, July 29, 2025, at 8:30 a.m. ET Pre-Registration Link for Dial-In Access Participants can pre-register for the conference call here in order to receive dial-in information. Access via Webcast The earnings call will be broadcast live (listen only) and can be replayed shortly after the conclusion of the call via the Investor Relations webcast at American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 149,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit
Yahoo
24-06-2025
- Business
- Yahoo
American Tower (AMT) Eyes 5% Dividend Growth, Sees Stronger 5G Expansion Ahead
American Tower Corporation (NYSE:AMT) is on our list of the 10 best 5G stocks to invest in according to analysts. On June 11, American Tower Corporation (NYSE:AMT) took part in the Mizuho Technology Conference 2025. The company's CFO, Rod Smith, facilitated the discussion, which focused on strategic priorities such as financial stability and organic development. Despite its optimism regarding the future of the U.S. and European markets, the company faces obstacles such as Sprint churn and pressure from competitors in private tower prices. On the other hand, American Tower Corporation (NYSE:AMT) declared its success in bringing its floating rate debt down to 4% of its total debt. In parallel, the company announced that dividend growth would resume this year, with an anticipated 5% rise. In an effort to meet its long-term growth goal, American Tower Corporation (NYSE:AMT) projects organic growth of about 4.3% this year, with a projected increase to 5% in the years to come. As the final Sprint churn phase concludes in Q3 of 2025, management also anticipates a decrease in churn to the lower end of its average historical range of 1-2%. Based in Boston, Massachusetts, American Tower Corporation (NYSE:AMT) is a real estate investment trust (REIT) that specializes in data centers and telecommunications. The company, which has over 221,000 properties globally, is essential to the development of fiber-optic networks that link 5G small cell sites to the internet. While we acknowledge the potential of AMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-06-2025
- Business
- Yahoo
American Tower Corporation (AMT): A Bull Case Theory
We came across a bullish thesis on American Tower Corporation (AMT) on FindingMoats' Substack. In this article, we will summarize the bulls' thesis on AMT. American Tower Corporation (AMT)'s share was trading at $214.11 as of 2nd June. AMT's trailing and forward P/E were 34.65 and 31.95 respectively according to Yahoo Finance. An iconic skyline with one of the company's iconic REITs in the foreground. American Tower (AMT), one of the largest global REITs, offers investors a unique blend of essential infrastructure exposure and long-term stability. With over 225,000 telecom towers worldwide, AMT serves as the critical backbone for global wireless networks, enabling carriers like Verizon, AT&T, and Telefónica to deliver seamless connectivity. The company's appeal lies in its robust business model—built on long-term, non-cancellable leases that include price escalators and a multi-tenant structure that drives high-margin operating leverage. As more tenants are added to a tower, incremental revenue flows through at nearly 90% margins, offering tech-like profitability alongside infrastructure-level stability. Over the past decade, AMT aggressively expanded into international markets, acquiring tower portfolios across both developed and emerging economies. However, it is now shifting gears, divesting lower-performing assets like those in India to sharpen its focus on high-return, core geographies. While this strategic recalibration enhances capital efficiency, it coincides with slowing growth and emerging technological shifts, raising questions about future positioning. The rise of 5G infrastructure, industry consolidation, and looming satellite-based alternatives like Starlink and Kuiper present both risks and opportunities. AMT finds itself at a critical juncture—balancing the durability of its existing model with the need to adapt to potential disruption. The company's long-term success will depend on how effectively it navigates this tension, leveraging its scale, contractual revenue base, and management discipline. With growth less of a central driver, AMT's investment thesis now hinges on resilience, cash flow stability, and optionality—factors that could prove vital as the telecom landscape undergoes structural transformation. American Tower Corporation (AMT) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 73 hedge fund portfolios held AMT at the end of the first quarter which was 70 in the previous quarter. While we acknowledge the risk and potential of AMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-06-2025
- Business
- Yahoo
American Tower Corporation (AMT): A Bull Case Theory
We came across a bullish thesis on American Tower Corporation (AMT) on FindingMoats' Substack. In this article, we will summarize the bulls' thesis on AMT. American Tower Corporation (AMT)'s share was trading at $214.11 as of 2nd June. AMT's trailing and forward P/E were 34.65 and 31.95 respectively according to Yahoo Finance. An iconic skyline with one of the company's iconic REITs in the foreground. American Tower (AMT), one of the largest global REITs, offers investors a unique blend of essential infrastructure exposure and long-term stability. With over 225,000 telecom towers worldwide, AMT serves as the critical backbone for global wireless networks, enabling carriers like Verizon, AT&T, and Telefónica to deliver seamless connectivity. The company's appeal lies in its robust business model—built on long-term, non-cancellable leases that include price escalators and a multi-tenant structure that drives high-margin operating leverage. As more tenants are added to a tower, incremental revenue flows through at nearly 90% margins, offering tech-like profitability alongside infrastructure-level stability. Over the past decade, AMT aggressively expanded into international markets, acquiring tower portfolios across both developed and emerging economies. However, it is now shifting gears, divesting lower-performing assets like those in India to sharpen its focus on high-return, core geographies. While this strategic recalibration enhances capital efficiency, it coincides with slowing growth and emerging technological shifts, raising questions about future positioning. The rise of 5G infrastructure, industry consolidation, and looming satellite-based alternatives like Starlink and Kuiper present both risks and opportunities. AMT finds itself at a critical juncture—balancing the durability of its existing model with the need to adapt to potential disruption. The company's long-term success will depend on how effectively it navigates this tension, leveraging its scale, contractual revenue base, and management discipline. With growth less of a central driver, AMT's investment thesis now hinges on resilience, cash flow stability, and optionality—factors that could prove vital as the telecom landscape undergoes structural transformation. American Tower Corporation (AMT) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 73 hedge fund portfolios held AMT at the end of the first quarter which was 70 in the previous quarter. While we acknowledge the risk and potential of AMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
