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Stock impact report

Cell tower CEO explains how the 5G rush 'lengthens and strengthens' our growth rate [CNBC]

American Tower Corp (AMT)  More Company Research Source: CNBC
Last american tower corp earnings: 4/29 07:00 am Check Earnings Report
PDF 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 [Read more]
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