Cell tower CEO explains how the 5G rush 'lengthens and strengthens' our growth rate [CNBC]
Last american tower corp earnings: 4/29 07:00 am
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US:NYSE Investor Relations: americantower.com/corporateus/investor-relations/index.htm
Cell tower CEO explains how the 5G rush 'lengthens and strengthens' our growth rate 5G is going to be a "game changer for society" and will take a huge investment over the next decade to build out the system, American Tower Corp. Wireless companies are in the early stages of deploying the next generation of technology and the chief suggested that American Tower has a number of tailwinds to ride. The real estate investment trust leases multi-tenant cell tower sites to communications companies. The sites will need to be closer together for 5G service, Taiclet explained. "It's going to be a wholesale transition from a 4G technology to a fifth-generation technology," he said in a sit-down with "Mad Money's" Jim Cramer U.S. consumer mobile data is growing annually at a 30% clip on 4G technology, Taiclet said. AT&T Verizon Wireless Sprint T- The potential $26 billion Sprint and T- merger, which the U.S. Department of Justice approved last month Taiclet said his company has been "well in t
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AMT
News
- American Tower Corporation Declares Quarterly DistributionBusiness Wire
- American Tower Co. (REIT) (<a href="https://www.marketbeat.com/stocks/NYSE/AMT/price-target/">NYSE: AMT</a>) had its price target lowered by analysts at Raymond James from $258.00 to $244.00. They now have an "outperform" rating on the stMarketBeat
- American Tower Co. (REIT) (<a href="https://www.marketbeat.com/stocks/NYSE/AMT/price-target/">NYSE: AMT</a>) had its price target lowered by analysts at Raymond James from $258.00 to $244.00. They now have an "outperform" rating on the stMarketBeat
- American Tower Corporation to Present at the Citi 2021 Virtual Global Property CEO ConferenceBusiness Wire
- American Tower Corporation to Present at the Deutsche Bank 29th Annual Media, Internet and Telecom ConferenceBusiness Wire
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AMT
SEC Filings
- 3/4/21 - Form 8-K
- 3/4/21 - Form 4
- 3/3/21 - Form 8-K
- AMT's page on the SEC website
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