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
Check Earnings Report
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
[Read more]

Impact snapshot | Event time: | AMT | ||||
---|---|---|---|---|---|---|
Last Price
|
Price Change
|
Price Change %
|
Volume Shares
|
Max Up
|
Max Down
|
Volume Ratio
%
|
Performance comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last price | ||
VWAP | ||
High:
|
Max up |
High:
|
Low:
|
Max down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event Day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance Since Event
Time and Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
SIGN UP TODAY
Opt-in for
AMT alerts
AMT alerts
from News Quantified
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AMT alerts
High impacting American Tower Corp news events
Weekly update
A roundup of the hottest topics
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
- More
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
- More