American Tower Corporation

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American Tower Corporation
Type Public
Traded as
Industry Diversified Communication Services
Founded 1995
Headquarters Boston, Massachusetts, U.S.
Key people James D. Taiclet, Jr., Chairman, CEO, & President
Revenue
  • Increase US$ 3,361.407 million (2013) [1]
  • Increase US$ 2,875.96 million (2012) [1]
Operating income
  • Increase US$ 1,214.305 million (2013) [1]
  • Increase US$ 1,119.719 million (2012) [1]
Net income
  • Decrease US$ 551.333 million (2013) [1]
  • Increase US$ 637.283 million (2012) [1]
Total assets
  • Increase US$ 20,272.571 million (2013) [2]
  • Increase US$ 14,089.429 million (2012) [1]
Total equity
  • Decrease US$ 3,590.04 million (2013) [2]
  • Increase US$ 3,684.181 million (2012) [2]
Employees 1,124 (2007)
Website www.americantower.com
American Tower wireless tower, Belleville, MI

American Tower Corporation is a publicly held company that is a leading owner and operator of wireless and broadcast communications sites in North America. American Tower is headquartered in Boston, Massachusetts and has local offices worldwide. The company was formed in 1995 as a unit of American Radio Systems, and was spun off from that company in 1998 when that company merged with CBS Corporation. Following the merger, American Tower began international expansion by establishing operations in Mexico in 1998 and Brazil in 1999.

In 2005, American Tower merged with SpectraSite Communications, Inc., expanding its global portfolio to over 22,000 owned communications sites including over 21,000 wireless towers, 400 broadcast towers and 100 in-building DAS (Distributed Antenna System) sites. The merger further established American Tower’s position as one of the largest tower owner and operators in North America.

Between 2007 and 2012, American Tower’s international growth continued with operations in India, Peru, Chile, Colombia, South Africa, Ghana and Uganda. In 2013, American Tower acquired Global Tower Partners. This acquisition added sites to their U.S. portfolio and added operations in Costa Rica and Panama.

Today American Tower owns and operates over 67,000 sites in 13 countries.

References[edit]

  1. ^ a b c d e f g "AMERICAN TOWER CORP /MA/ 2013 Annual Report Form (10-K)" (XBRL). United States Securities and Exchange Commission. February 26, 2014. 
  2. ^ a b c "AMERICAN TOWER CORP /MA/ 2014 Q1 Quarterly Report Form (10-Q)" (XBRL). United States Securities and Exchange Commission. May 1, 2014. 

External links[edit]