Pieter Nel, new CEO of American Tower Europe
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.
- Pieter Nel's extensive experience in telecommunications and his tenure at American Tower position him to drive growth in Europe.
- Significant expansion from 2,000 to over 30,000 tower sites in Europe since 2012 enhances market presence.
- Acquisition of Telxius Towers portfolio has strengthened existing market hold and provided entry into Spain.
- Transition in leadership may cause temporary disruptions in strategic initiatives.
- Julian Plumstead's departure from direct leadership introduces questions about continuity.
MADRID, April 4, 2022 /PRNewswire/ -- American Tower Corporation, one of the world's largest real estate investment trusts and a leading independent owner, operator and developer of telecommunications real estate and infrastructure, continues to grow in Europe.
On April 1, Pieter Nel was appointed CEO for Europe, one of the key markets for the multinational. Pieter has more than 25 years' experience in the telecommunications sector and has spent more than a decade at American Tower, where he has been responsible for the establishment and growth of nine new markets in EMEA as Chief Operating Officer for the region and assumed the role of CEO for Africa in 2018. In his new role, Nel will continue to support American Tower's growth strategy in Europe.
"I am really excited about this new challenge. I am committed to this mission and convinced that, together with the entire team we will be able to further develop the great potential European market presents," said Pieter Nel.
Julian Plumstead, who held the position of CEO for Europe for the past three and a half years, will assume a newly created role as Senior Vice President of M&A and Business Development for Europe, Africa and Latin America. With more than 25 years of experience in the M&A field and his deep knowledge of the telecommunications market, Julian will help American Tower identify growth opportunities through acquisitions across the Europe, Africa and Latin America footprint.
Since American Tower Corporation entered Europe in 2012, its tower portfolio has grown significantly from 2,000 to over 30,000 sites. Last year, the company acquired the Telxius Towers portfolio, which increased its presence in Germany, provided entry to Spain and strengthened existing market position in Latin America. Now the ATC's European footprint reaches four markets -France, Germany, Poland and Spain- to expand its services and solutions to help wireless network operators continue developing their 5G networks across the region.
Olivier Puech, Executive Vice President and President, Europe, Africa and Latin America of American Tower said: "Our expanded presence allows us to take advantage of our best talent, skills, experience and resources globally, so that we are able to manage relationships with clients that span countries and scale our business with even more dedication, focus and sustainability."
About American Tower:
American Tower Corporation (NYSE: AMT), one of the largest global real estate investment trusts and a leading independent owner, operator and developer of multitenant communications real estate with a global portfolio of over 220,000 communications sites and over 30,000 sites in our Europe, distributed in France, Germany, Poland and Spain. For more information about American Tower, please visit www.americantower.com.
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SOURCE American Tower Corporation
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