STOCK TITAN

American Tower and Minnesota Wild are Enhancing the Fan Experience at Xcel Energy Center

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
American Tower Corporation (AMT) and Xcel Energy Center are deploying a state-of-the-art Distributed Antenna System (DAS) solution to bring 5G technology to the arena ahead of Minnesota Wild's 2023 season. The DAS will cover the 650,000-square-foot facility, including the arena, the adjacent Saint Paul RiverCentre, and the city's convention center, enhancing operations and services. The network will support all 5G spectrum bands, including C-band and millimeter wave (mmWave), and is expected to be fully deployed in time for the 2023 NHL season.
Positive
  • Deployment of 5G DAS will enhance fan engagement and provide cutting-edge applications for Minnesota Wild fans, meeting today's 5G requirements and being future-ready for next-generation applications.
Negative
  • None.

Deploying a state-of-the-art 5G Distributed Antenna System, ahead of Minnesota Wild’s 2023 season.

BOSTON--(BUSINESS WIRE)-- American Tower Corporation and Xcel Energy Center, home of the Minnesota Wild, are deploying a state-of-the-art Distributed Antenna System (DAS) solution that will bring 5G technology to the arena. Attracting 1.7 million visitors and hosting over 150 sports and entertainment events annually, including 44 National Hockey League (NHL) games per season, Xcel Energy Center ranks among North America's largest arenas.

“We were ready to enter the new era of fan engagement and provide cutting-edge applications for the Minnesota Wild fans, with an updated, neutral-host 5G DAS,” said Jim Ibister, Senior Vice President of Facility Administration, Minnesota Sports & Entertainment. “When we were evaluating connectivity providers, American Tower’s track record with sports venues and technological vision made them the obvious choice to lead this critical network upgrade. Our fans expect a fast and reliable network, so they can share their live game-time experience with friends and family. This network upgrade will provide a state-of-the-art experience today and set the foundation for future technologies for years to come."

Construction commenced in May, with an expedited timeline to finish the project ahead of the 2023 hockey season. The network will cover the 650,000-square-foot facility, including the arena, the adjacent Saint Paul RiverCentre, the city's convention center, and back-of-the-house areas, to enhance operations and services. The new system will support all 5G spectrum bands, including C-band and millimeter wave (mmWave).

“We are honored to be selected by Xcel Energy Center, given their focus on delivering exceptional connectivity to enhance the guest experience,” said Francis Finnegan, Vice President, Managed Networks, American Tower. “We are working diligently to ensure a seamless transition, without any downtime, as we construct a parallel DAS network that will be fully deployed in time for the 2023 NHL season. Our DAS solution not only meets today’s 5G requirements, but it is future-ready for next-generation applications, with our edge compute offerings.”

To learn more about American Tower’s in-building wireless services for buildings and venues, visit americantower.com/venues.

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 nearly 226,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit https://www.americantower.com/.

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 in Item 1A of its Form 10-K for the year ended December 31, 2022 under the caption “Risk Factors.” The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.

© 2023 ATC TRS V LLC. All rights reserved.

American Tower Corporation:

Jonathan Thienemann

Director, Corporate External Communications

617-375-7500

media.relations@americantower.com

Xcel Energy Center:

Sam Johnson

Communication and Digital Media Specialist

651-312-3498

sam.johnson@xcelenergycenter.com

 

Source: American Tower Corporation

FAQ

What technology is being deployed at Xcel Energy Center ahead of Minnesota Wild's 2023 season?

American Tower Corporation and Xcel Energy Center are deploying a state-of-the-art Distributed Antenna System (DAS) solution to bring 5G technology to the arena.

What areas will the new system cover?

The new system will cover the 650,000-square-foot facility, including the arena, the adjacent Saint Paul RiverCentre, and the city's convention center, enhancing operations and services.

What spectrum bands will the network support?

The network will support all 5G spectrum bands, including C-band and millimeter wave (mmWave), and is expected to be fully deployed in time for the 2023 NHL season.

American Tower Corporation

NYSE:AMT

AMT Rankings

AMT Latest News

AMT Stock Data

91.69B
466.98M
0.13%
94.08%
1.01%
REIT - Specialty
Real Estate Investment Trusts
Link
United States of America
BOSTON