American Tower Corporation Releases Information Regarding ContemplatedCombination of Sprint and Clearwire

Tue Dec 18, 2012 5:00pm EST

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http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20121218:nBw186238a

BOSTON--(Business Wire)--
American Tower Corporation (NYSE: AMT) today released information about its
business in light of Sprint`s contemplated acquisition of 100% ownership of
Clearwire, which is subject to regulatory approval. For the quarter ended
September 30, 2012, Sprint and Clearwire accounted for approximately 15% and 3%,
respectively, of American Tower's consolidated operating revenues. American
Tower currently has separate leases for antenna space with Sprint and Clearwire
on the same site at approximately 1,800 communications sites owned or operated
by American Tower. The revenue generated from Clearwire on these sites
represented approximately 1% of American Tower's consolidated operating revenues
for the quarter ended September 30, 2012. The average remaining current term on
the long-term lease arrangements on these sites with Sprint and Clearwire is
approximately nine and five years, respectively. 

American Tower is a leading independent global owner, operator and developer of
wireless communications sites. American Tower currently owns and operates over
50,000 communications sites in the United States, Brazil, Chile, Colombia,
Ghana, India, Mexico, Peru, South Africa and Uganda. For more information about
American Tower, please visit www.americantower.com.

ATC
Leah Stearns, 617-375-7500
Vice President, Investor Relations & Capital Markets 

Copyright Business Wire 2012
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