American Tower Corporation is a holding company. The company conducts its operations through its directly and indirectly owned subsidiaries and joint ventures. It is a wireless and broadcast communications infrastructure company that owns, operates and develops communications sites.
The company's primary business includes leasing antenna space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. This business is its rental and management operations.
Type
Public
HQ
Boston, US
Founded
1995
Size (employees)
4,507 (est)
American Tower was founded in 1995 and is headquartered in Boston, US
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Key People/Management at American Tower

James Taiclet

James Taiclet

Chairman
Tom Bartlett

Tom Bartlett

Evp & CFO
Ed DiSanto

Ed DiSanto

EVP & CAO & General Counsel & Secretary
Hal Hess

Hal Hess

EVP, International Operations & President
Steven Marshall

Steven Marshall

EVP & President
Amit Sharma

Amit Sharma

EVP & President
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American Tower Office Locations

American Tower has offices in Seattle, Washington, Baltimore, Sioux Falls and in 40 other locations
Boston, US (HQ)
116 Huntington Ave. 11th Floor
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American Tower Financials and Metrics

American Tower Revenue

American Tower's revenue was reported to be $5.79 b in FY, 2016 which is a 21.3% increase from the previous period.
USD

Revenue (Q2, 2017)

1.7 b

Net income (Q2, 2017)

388.5 m

EBIT (Q2, 2017)

576.9 m

Market capitalization (16-Aug-2018)

66 b

Closing stock price (16-Aug-2018)

149.7
American Tower's current market capitalization is $66 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3.4 b4.1 b4.8 b5.8 b

Revenue growth, %

22%16%21%

EBIT

1.2 b1.5 b1.6 b1.9 b

EBIT margin, %

36%36%34%32%
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

807.9 m984.1 m1 b1 b1.1 b1.2 b1.2 b1.3 b1.4 b1.5 b1.6 b1.7 b

Operating expense total

499 m630.5 m629 m653.4 m659.2 m784.6 m837 m837.2 m1 b1 b1.1 b1.1 b

EBIT

308.9 m353.6 m402.5 m384.8 m420 m389.8 m400.9 m451.9 m432.8 m479.1 m531.4 m576.9 m

EBIT margin, %

38%36%39%37%39%33%32%35%30%32%33%35%
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

247.3 m884 m330.2 m368.6 m293.6 m313.5 m320.7 m787.2 m

Accounts Receivable

151.1 m198.7 m227.4 m308.4 m

Inventories

Current Assets

952.7 m948 m996.5 m1.7 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Cash

4 b333.4 m283 m295.6 m323.4 m274.7 m287.4 m336.4 m410.5 m530.4 m712.8 m770 m1.1 b

Accounts Receivable

152.6 m227.2 m174.6 m198.1 m175.8 m212.9 m206.2 m217.5 m285.4 m273.9 m370 m322.1 m557.9 m

Current Assets

4.7 b1 b998.4 m996.9 m925.8 m940.6 m940.4 m1 b1.3 b1.4 b1.7 b1.8 b2.8 b

PP&E

5.9 b7.3 b7.6 b7.6 b9.4 b9.6 b9.8 b9.9 b10.6 b10.5 b10.7 b10.7 b11.3 b11.1 b
Annual
usdFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

482.2 m803.2 m672 m970.4 m

Depreciation and Amortization

800.1 m1 b1.3 b1.5 b

Accounts Payable

83.7 m34.7 m95.9 m(42.9 m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2018

Net Income

163.2 m193.3 m221.7 m206.6 m195.5 m157.2 m97.7 m281.3 m192.5 m263.7 m307.4 m

Depreciation and Amortization

184.9 m245.8 m245.4 m249.1 m263.5 m896 m

Accounts Payable

132.7 m111 m72.5 m82.9 m99.6 m

Cash From Investing Activities

(1.8 b)
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American Tower News and Updates

HetNet Ecosystem Market 2018: Global Analysis By Key Players – 3GPP, Cisco Systems, Fujitsu, Nokia, American Tower

Wiseguyreports.Com Publish New Market Research Report On -“HetNet Ecosystem Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2018 - 2025” Posted via Industry Today. Follow us on Twitter @IndustryToday

American Tower feud 'not positive' for Mexico's TV Azteca, Fitch says

Credit ratings agency Fitch voiced concerns on Thursday that TV Azteca's legal battle with American Tower Corp was "not positive or favorable" for the Mexican broadcaster's credit profile, two days after Reuters reported the lawsuit.

American Tower, Algar buy telecom assets of Brazil's Cemig

American Tower Corp and local telecommunications company Algar Telecom SA purchased on Wednesday the broadband network of state-run utility Companhia Energetica de Minas Gerais SA, commonly known as Cemig.

American Tower fights to recover tens of millions from TV Azteca

American Tower Corp is seeking to recover nearly $97 million from TV Azteca , saying the Mexican broadcaster has defaulted on a loan, according to court papers.

American Tower completes acquisition of nearly 9,000 telecom towers in India

  American Tower currently operates around 68,000 towers in the Indian market American Tower (ATC) has expanded its footprint in India through the completion of the acquisition of Indian carrier Idea’s tower business. The local subsidiary of ATC has acquired a portfolio of around 9,000 towers in Ind…
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American Tower Company Life and Culture

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