Highest-materiality recent filing
American Tower Q1 revenue up 6.8% to $2,738M, net income jumps 76.2%
Total revenue $2,738M (+6.8%); property revenue $2,670M (+7.3%).
American Tower Q4 revenue $2.74B (+7.5%), AFFO/sh $2.63 (+13.4%); FY AFFO/sh $10.76 (+8% as adj)
Total revenue Q4: $2,738M (+7.5% YoY); FY: $10,645M (+5.1%).
American Tower reports DISH default on SCA; files declaratory judgment lawsuit
DISH Wireless failed to meet payment obligations and is in default under the March 2021 Strategic Collocation Agreement.
American Tower Q3 revenue $2.72B (+7.7%); AFFO per share $2.78 (+10.3%)
Net income $913M (+216.9%) and net income attributable $853M (+207.7%) driven by foreign currency gains.
American Tower settles rent dispute with AT&T Mexico; majority of withheld rents to be paid
AT&T Mexico withheld tower rents since Jan 2025; represented ~$300M of 2024 tenant revenue.
American Tower discloses legal dispute with AT&T Mexico; ~$300M tenant revenue at risk
AT&T Mexico withholding tower rents since start 2025; represented ~$300M tenant revenue in 2024.
American Tower Q2 net income falls 58.1% to $381M; revenue up 3.2% to $2.63B
Net income $381M (-58.1%); diluted EPS $0.78 (-59.4%) on ~$484M FX losses vs $21.7M YoY.
American Tower Q1 revenue $2.56B (+2%), net income down 46% on FX loss, AFFO adj. up 7.1%
Total revenue $2,563M (+2.0% YoY); property revenue $2,488M (+0.2%).
American Tower prices $1B senior notes offering in two tranches
Issued $650M of 4.900% senior notes due 2030 and $350M of 5.350% senior notes due 2035.
AMT Q4 revenue $2.55B, AFFO $1.09B, AFFO per share $2.32; full-year AFFO per share up 6.8%
Total revenue Q4 $2,548M (+3.7% YoY); property revenue $2,484M (+2.0% YoY).
American Tower appoints Bud Noel as COO, Rich Rossi as U.S. Tower President; Bylaws amended
Bud Noel named EVP and COO (global), overseeing operations and IT, effective Jan 13, 2025.
American Tower issues $1.2B in senior notes at 5.000% and 5.400% due 2030 and 2035
$600M 5.000% notes due Jan 31, 2030; $600M 5.400% notes due Jan 31, 2035.
American Tower posts Q3 net loss of $780M on $1.2B India sale charge; AFFO up 2.6%
Total property revenue fell 1.0% to $2,470M; total revenue flat at $2,522M.
American Tower closes sale of India operations to Brookfield for ~$2.5B
Total cash proceeds of ~INR 210B (~$2.5B) from sale of 100% of ATC TIPL to Brookfield-sponsored Data Infrastructure Trust.
American Tower Q2 revenue up 4.6% to $2.90B; net income jumps 96.8%; raises 2024 outlook
Total revenue $2,900M (+4.6% YoY); property revenue $2,853M (+4.6%).
American Tower prices €1 billion senior notes offering
Offered €500M of 3.900% senior notes due 2030 and €500M of 4.100% senior notes due 2034.
American Tower Q1 2024 revenue $2.83B, net income +192.6%, AFFO +10% per share
Total revenue $2,834M (+2.4% YoY); property revenue $2,804M (+3.3%).
On March 17, 2025, JoAnn A. Reed notified the Corporate Secretary of American Tower Corporation (the “Company”) of her decision to not stand for re-election at the Company’s 2025 Annual Meeting of Stockholders (the “Annual Meeting”).
Mr. Goel will leave the Company effective March 31, 2025
On February 5, 2025, the Board of Directors (the “Board”) of American Tower Corporation (the “Company”) elected Rajesh (“Raj”) Kalathur as a director and member of its Audit Committee, effective immediately.
Richard Rossi will become the Company's Executive Vice President and President, U.S. Tower, effective January 13, 2025.
Eugene M. Noel will become Executive Vice President and Chief Operating Officer of the Company.
Sanjay Goel, Executive Vice President and President, Asia-Pacific, of American Tower Corporation (the “Company”), will leave the Company effective March 31, 2025.
Max materiality 0.85 · Median 0.50 · Most common event debt