American Tower is a global real estate investment trust that owns, operates, and develops wireless and broadcast infrastructure. It primarily leases space on its 220,000+ multi-tenant communications towers to wireless carriers, broadcasters, and other network operators, generating revenue from long-term rent with initial terms of 5-10 years and renewals. The towers and services enable tenants to mount their equipment and connect networks; rent is based on the amount of equipment and tower location. The company differentiates itself through its large global portfolio, scale, and high barriers to entry in tower construction, giving it a diversified, stable tenant base that includes major carriers such as AT&T, T-Mobile, and Verizon. The goal is to provide secure, long-term, essential communications infrastructure and to deliver predictable cash flow for shareholders by expanding and optimizing its tower network worldwide.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Boston, Massachusetts
Founded
1995
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