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.
TypePublic
HQBoston, US
Founded1995
Size (employees)4,507 (est)
Websiteamericantower.com
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)

1.7b

Net income (Q2, 2017)

388.5m

EBIT (Q2, 2017)

576.9m

Market capitalization (15-Oct-2018)

62.9b

Closing stock price (15-Oct-2018)

142.7
American Tower's current market capitalization is $62.9 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3.4b4.1b4.8b5.8b

Revenue growth, %

22%16%21%

EBIT

1.2b1.5b1.6b1.9b

EBIT margin, %

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

Revenue

807.9m984.1m1.0b1.0b1.1b1.2b1.2b1.3b1.4b1.5b1.6b1.7b

Operating expense total

499.0m630.5m629.0m653.4m659.2m784.6m837.0m837.2m1.0b1.0b1.1b1.1b

EBIT

308.9m353.6m402.5m384.8m420.0m389.8m400.9m451.9m432.8m479.1m531.4m576.9m

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

247.3m884.0m330.2m368.6m293.6m313.5m320.7m787.2m

Accounts Receivable

151.1m198.7m227.4m308.4m

Inventories

Current Assets

952.7m948.0m996.5m1.7b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Cash

4.0b333.4m283.0m295.6m323.4m274.7m287.4m336.4m410.5m530.4m712.8m770.0m1.1b

Accounts Receivable

152.6m227.2m174.6m198.1m175.8m212.9m206.2m217.5m285.4m273.9m370.0m322.1m557.9m

Current Assets

4.7b1.0b998.4m996.9m925.8m940.6m940.4m1.0b1.3b1.4b1.7b1.8b2.8b

PP&E

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

Net Income

482.2m803.2m672.0m970.4m

Depreciation and Amortization

800.1m1.0b1.3b1.5b

Accounts Payable

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

Net Income

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

Depreciation and Amortization

184.9m245.8m245.4m249.1m263.5m896.0m

Accounts Payable

132.7m111.0m72.5m82.9m99.6m

Cash From Investing Activities

(1.8b)
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American Tower News and Updates

Brazil regulators approve American Tower purchase of Cemig assets

Brazilian competition authorities have approved American Tower Corp's acquisition of telecommunications assets owned by Cia Energetica de Minas Gerais SA, the government's official bulletin said on Wednesday.

Thinking about buying stock in American Tower, Alibaba, Celgene, Callaway Golf Co. or Marathon Petroleum Corp.?

NEW YORK, Sept. 11, 2018 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMT, BABA, CELG, ELY, and MPC. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Distributed Antenna System Market Comprehensive Study by Leading Key Players: American Tower Corporation, AT&T, Bird Technologies

The key players profiled in the global Distributed Antenna System Market include Hahnemann Laboratories, Natural Health Supply, Boiron Posted via Industry Today. Follow us on Twitter @IndustryToday

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.
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American Tower Company Life and Culture

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