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American Tower (NYSE: AMT) says DISH default won’t impact its 2025 financial results

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

American Tower Corporation reported that DISH Wireless L.L.C. has failed to meet its payment obligations and is in default under their March 2021 Strategic Collocation Agreement. American Tower has already filed a complaint seeking a court declaration that the agreement remains in full force and that DISH must perform its obligations.

The company stated that it does not anticipate this default will impact its financial results for the year ended December 31, 2025. American Tower also reminded readers that any forward-looking statements involve risks described in its most recent annual report and subsequent SEC filings.

Positive

  • None.

Negative

  • None.

Insights

DISH default raises contract risk, but American Tower guides to no 2025 impact.

American Tower highlights that DISH Wireless is in default on payment obligations under a Strategic Collocation Agreement. This introduces counterparty and legal risk around future revenue tied to that long-term tower relationship and may affect expectations for this customer’s contribution over time.

The company has already sought a declaratory judgment that the agreement remains enforceable and that DISH must continue performing. Management explicitly states it does not anticipate an impact on financial results for the year ended December 31, 2025, which tempers near-term concern, though ultimate outcomes depend on legal resolution and DISH’s actions.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): January 28, 2026
AMERICAN TOWER CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware
001-14195
65-0723837
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
222 Berkeley Street
Boston, Massachusetts 02116
(Address of Principal Executive Offices) (Zip Code)
(617375-7500
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.01 par value AMTNew York Stock Exchange
1.950% Senior Notes due 2026AMT 26BNew York Stock Exchange
0.450% Senior Notes due 2027AMT 27CNew York Stock Exchange
0.400% Senior Notes due 2027AMT 27DNew York Stock Exchange
4.125% Senior Notes due 2027AMT 27FNew York Stock Exchange
0.500% Senior Notes due 2028AMT 28ANew York Stock Exchange
0.875% Senior Notes due 2029AMT 29BNew York Stock Exchange
0.950% Senior Notes due 2030AMT 30CNew York Stock Exchange
3.900% Senior Notes due 2030AMT 30DNew York Stock Exchange
4.625% Senior Notes due 2031AMT 31BNew York Stock Exchange
1.000% Senior Notes due 2032AMT 32New York Stock Exchange
3.625% Senior Notes due 2032AMT 32BNew York Stock Exchange
1.250% Senior Notes due 2033AMT 33New York Stock Exchange
4.100% Senior Notes due 2034AMT 34ANew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐



Item 8.01 Other Events.

American Tower Corporation (the “Company”) is providing an update regarding its relationship with DISH Wireless L.L.C., a subsidiary of DISH Network Corporation (“DISH”). DISH has failed to meet its payment obligations, and is in default under the Strategic Collocation Agreement entered into in March 2021 (the “SCA”). The Company does not anticipate the default to impact its financial results for the year ended December 31, 2025. As previously disclosed, the Company filed a complaint seeking a declaratory judgment that DISH has not been excused from its obligations under the SCA, that the SCA remains in full force and effect, and that DISH remains required to perform all of its obligations under the SCA.

Cautionary Language Regarding Forward-Looking Statements

This current report on Form 8-K 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 current report on Form 8-K to reflect subsequently occurring events or circumstances.



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
AMERICAN TOWER CORPORATION
(Registrant)
Date:January 28, 2026By:/s/ Rodney M. Smith
Rodney M. Smith
Executive Vice President, Chief Financial Officer and Treasurer


FAQ

What did American Tower (AMT) disclose about its relationship with DISH Wireless?

American Tower disclosed that DISH Wireless L.L.C. has failed to meet its payment obligations and is in default under their March 2021 Strategic Collocation Agreement. American Tower has filed a complaint seeking a court declaration that the agreement remains in force and that DISH must perform its obligations.

How does the DISH default affect American Tower’s 2025 financial results?

American Tower stated it does not anticipate the DISH default will impact its financial results for the year ended December 31, 2025. This guidance suggests that, based on current information, management views the near-term financial effect of the default as limited for that reporting year.

What is the Strategic Collocation Agreement mentioned by American Tower?

The Strategic Collocation Agreement is a contract entered into in March 2021 between American Tower and DISH Wireless. It governs DISH’s use of American Tower’s infrastructure and associated payment obligations. American Tower reports DISH is in default under this agreement after failing to meet required payments.

What risks does American Tower highlight around its forward-looking statements?

American Tower notes that forward-looking statements involve risks that could cause actual results to differ materially. It refers investors to the “Risk Factors” section in its most recent Form 10-K and other subsequent SEC documents for details on factors that may affect future operating results and performance.