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 (AMT) operates as a global leader in wireless communications infrastructure, providing essential cell tower and data center assets that power modern connectivity. This news hub offers investors and industry observers a centralized resource for tracking the REIT's strategic developments and market position.
Our curated collection features official press releases and third-party analysis covering network expansion projects, tower leasing agreements, and data center operations. Users can monitor critical updates including regulatory filings, technology partnerships, and international market entries that shape the company's role in global telecommunications infrastructure.
The repository serves as a strategic monitoring tool for tracking AMT's operational footprint across 25+ countries and its responses to evolving 5G deployment demands. Content is organized to highlight infrastructure investments, tenant diversification efforts, and capital allocation strategies fundamental to understanding this REIT's performance drivers.
Bookmark this page for streamlined access to verified updates about American Tower's tower portfolio growth, spectrum technology adaptations, and sustainability initiatives within the communications infrastructure sector.
CoreSite, a subsidiary of American Tower (NYSE: AMT), is enhancing City of Hope National Medical Center’s digital connectivity through its Santa Clara SV7 data center. This partnership aims to improve cancer care by providing secure, low-latency hybrid IT solutions, including colocation services and access to the CoreSite Open Cloud Exchange. By reducing costs associated with data management, City of Hope can allocate more resources towards patient care and research.
American Tower Corporation (NYSE: AMT) reported a robust start to 2022 with a 23.2% increase in total revenue, reaching $2,660 million for Q1. Property revenue surged 22.1% to $2,601 million, while net income rose 7.7% to $703 million. Adjusted EBITDA saw a 12.8% increase to $1,624 million. AFFO attributable to AMT common stockholders grew 6.1% to $1,167 million. With strong Organic Tenant Billings Growth and strategic acquisitions, AMT aims for continued growth driven by 5G deployment and enhanced infrastructure.
CoreSite, a subsidiary of American Tower (NYSE: AMT), will participate in the NAB Show 2022 from April 23-27 in Las Vegas. The company aims to showcase its hybrid IT solutions for the media sector. CoreSite will be at Booth W8203 and co-sponsoring a networking event with tech leaders including Microsoft and NVIDIA on April 26. Senior Director Bradley Greenberg will speak on future workflows at the event. The CoreSite Los Angeles data center, known for its connectivity, supports broadcasters and tech firms in rapidly transferring heavy files, crucial for monetization in media.
American Tower Corporation (NYSE: AMT) will release its first quarter 2022 results on April 27, 2022, at 7:00 a.m. ET. A conference call to discuss these results is scheduled for 8:30 a.m. ET on the same day. Interested participants can access the call by dialing (877) 692-8955 in the U.S. or (234) 720-6979 internationally, with the access code 4902790. An audio replay will be available from April 27 at 12:30 p.m. ET until May 11 at 11:59 p.m. ET.
CoreSite, a subsidiary of American Tower (NYSE: AMT), will participate in the Channel Partners Conference and Expo April 11-14, 2022, in Las Vegas. This event aims to connect partners with technology firms to enhance business growth. CoreSite's Core Partner Program enables agents and partners to expand revenue streams by selling data center services. CoreSite will be at Booth #1431, while American Tower will host an informational session on 5G and Edge Computing on April 12. For more details, visit CoreSite.com.
On April 1, Pieter Nel was appointed CEO of American Tower Europe, succeeding Julian Plumstead. Nel, with over 25 years in telecommunications and extensive experience with American Tower, aims to enhance the company's growth strategy in Europe. Since entering the European market in 2012, American Tower has significantly expanded its tower portfolio, increasing from 2,000 to over 30,000 sites. The company now operates across France, Germany, Poland, and Spain, supporting the development of 5G networks in these regions.
CoreSite, a subsidiary of American Tower (NYSE: AMT), has upgraded its Boston data center's cooling system, which is expected to save nearly eight million kilowatt-hours annually. This energy-efficient chiller plant enhances power usage effectiveness (PUE) and supports customer-specific cooling requirements. With 253,000 square feet of space, the BO1 facility provides low-latency connectivity to financial, technological, and educational sectors, featuring direct cloud onramps to AWS and Microsoft Azure.
American Tower Corporation (NYSE: AMT) has elected Kelly C. Chambliss to its Board of Directors. Chambliss, currently Senior Vice President and COO of IBM Consulting, brings extensive experience from her previous leadership roles at IBM and CoreSite Realty Corporation. Tom Bartlett, CEO of American Tower, expressed enthusiasm about her expertise in global services and the data center industry, which aligns with the company’s growth strategy. Additionally, the Board declared a quarterly cash distribution of $1.40 per share, payable on April 29, 2022.
American Tower Corporation (NYSE: AMT) announced that Rod Smith, Executive Vice President and CFO, will present at the Deutsche Bank 30th Annual Media, Internet and Telecom Conference in Palm Beach, Florida, on Monday, March 14, 2022, at 9:35 a.m. ET. The event will feature a live audio webcast available on the company's website.
American Tower is a leading global REIT with over 220,000 communications sites and a strong presence in U.S. data center facilities. For more details, visit www.americantower.com.
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