American Tower Corp. (AMT) Sector
Real Estate

(Current) $185.93
-1.22 (-0.65%) Open Price: 186.60

 

American Tower Corporation is a leading real estate investment trust (REIT) that focuses on owning and operating wireless communication and broadcast infrastructure. The company's history traces back to its founding in 1995, when American Radio Systems Corporation (ARS) initiated a merger with SpectraSite Communications, forming American Tower. This merger marked the company's entry into the tower industry.

 

American Tower's primary business revolves around owning and leasing communication sites, including cell towers, rooftop sites, and other infrastructure, to wireless carriers and other tenants. The company's towers serve as critical components of the communication network, facilitating wireless and broadband connectivity for various devices and services.

 

Listed on both the New York Stock Exchange and the NASDAQ Global Select Market under the ticker symbol "AMT," American Tower is recognized as a major player in the telecommunications infrastructure industry. The company's extensive portfolio of communication sites spans across the United States and various international markets.

 

An additional noteworthy aspect of American Tower's operations is its global footprint. The company has expanded its presence through acquisitions and partnerships, establishing a strong international presence in regions such as Latin America, Africa, Europe, and Asia. This expansion has positioned American Tower as a key player in the global telecommunications infrastructure landscape.

 

In recent years, American Tower has embraced technological advancements and market trends, such as the rollout of 5G networks and the growth of data consumption. The company's infrastructure is integral to supporting these advancements, ensuring that wireless networks can meet the increasing demands for high-speed connectivity.

 

With its long-standing history and expertise in the telecommunications infrastructure sector, American Tower Corporation plays a crucial role in facilitating global communication and connectivity. By providing essential infrastructure for wireless networks, the company contributes to the development of technology-driven solutions that impact industries and individuals around the world.

 



 

(05/23/24) $186.60
(05/25/24) $187.15
(05/25/24) (Qty.)1,220,693
(05/23/24) $186.51
(05/23/24) $191.57
(05/05/24) $177.52
(05/12/24) $196.21
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