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American Tower Corp (AMT)

AMT on New York Consolidated

131.11USD
26 May 2017
Change (% chg)

$0.06 (+0.05%)
Prev Close
$131.05
Open
$131.19
Day's High
$131.44
Day's Low
$130.49
Volume
899,239
Avg. Vol
2,138,156
52-wk High
$132.86
52-wk Low
$99.72

Latest Key Developments (Source: Significant Developments)

Tiger Global Management LLC cuts share stake in Charter Communications, Priceline Group
Monday, 15 May 2017 02:37pm EDT 

May 15 (Reuters) - Tiger Global Management LLC :Tiger Global Management LLC takes share stake of 605,000 shares in American Tower Corp.Tiger Global Management LLC cuts share stake in Charter Communications Inc by 32.7 percent to 1.6 million class A shares.Tiger Global Management LLC cuts share stake in Priceline Group Inc by 15.7 percent to 1.1 million shares.Tiger Global Management LLC cuts share stake in On Deck Capital Inc by 15.1 percent to 2.1 million shares.Tiger Global Management LLC - change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

American Tower Corporation Q1 revenue $1.616 billion
Thursday, 27 Apr 2017 07:00am EDT 

April 27 (Reuters) - American Tower Corp :American Tower Corporation reports first quarter 2017 financial results.Q1 revenue rose 25.4 percent to $1.616 billion.Qtrly net income attributable to AMT common stockholders per diluted share $ 0.67.Qtrly consolidated AFFO per share $ 1.68.American Tower Corp - sees full year 2017 total property revenue $6,415 million - $6,595 million.Sees 2017 total property revenue $6,415 million to $ 6,595 million.Q1 earnings per share view $0.66, revenue view $1.58 billion -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $2.85, revenue view $6.52 billion -- Thomson Reuters I/B/E/S.  Full Article

Millicom to sell and lease back towers to American Tower in Paraguay
Wednesday, 26 Apr 2017 02:12am EDT 

April 26 (Reuters) - Millicom :Millicom signs agreement to sell and lease back towers to American Tower in Paraguay.Tigo Paraguay will receive approximately GS700 billion, equivalent to US$125 million, in cash.Millicom - unit Telefonica Celular Del Paraguay to sell about 1,400 wireless communications towers to unit of American Tower Corp in Paraguay.  Full Article

Millicom signs sale and lease back deal in Paraguay
Wednesday, 26 Apr 2017 01:59am EDT 

April 26 (Reuters) - Millicom :Millicom signs agreement to sell and lease back towers to American Tower in Paraguay.Says its subsidiary Telefonica Celular del Paraguay S.A. (Tigo Paraguay) has agreed to sell approximately 1,400 wireless communications towers .Says as a result of transaction, Tigo Paraguay will receive approximately GS700 billion, equivalent to US $125 million, in cash.  Full Article

American Tower CEO James Taiclet's FY 2016 total compensation was $11.85 mln vs. $12.2 mln in FY 2015
Wednesday, 19 Apr 2017 08:44am EDT 

April 19 (Reuters) - American Tower Corp ::CEO James Taiclet's fy 2016 total compensation was $11.85 million versus $12.2 million in FY 2015 - sec filing.CFO Thomas Bartlett's FY 2016 total compensation was $5.23 million versus $5.3 million in FY 2015.  Full Article

American Tower Corporation prices senior notes offering
Thursday, 30 Mar 2017 04:45pm EDT 

American Tower Corp : American Tower Corporation prices senior notes offering . American Tower Corp - Notes will have an interest rate of 1.375% per annum . American Tower Corp says notes will have an interest rate of 1.375% per annum and are being issued at a price equal to 98.642% of their face value .American Tower Corp - Pricing of its registered public offering of senior unsecured notes due 2025, in an aggregate principal amount of 500.0 million Euros.  Full Article

American Tower revises 2017 guidance
Tuesday, 21 Mar 2017 08:44am EDT 

American Tower Corp : American Tower Corp - subsequent to issuance of FY 2017 outlook on Feb. 27, 2017, co amended a master lease agreement with one of its tenants . American Tower Corp- based on amendment, co now expects to recognize at least $100 million in additional straight-line revenue for year . American Tower Corp- company has therefore revised its guidance for full year 2017- sec filing . American Tower -co now expects total property revenue of $6,310 million to $6,490 million for fy 2017 .American Tower Corp-co now expects net income and adjusted ebitda of $1,275 million to $1,345 million and $3,910 million to $4,010 million, respectively for fy 2017.  Full Article

Idea Cellular says no proposal on demerger of tower business portfolio being considered by co
Wednesday, 15 Mar 2017 08:03am EDT 

Idea Cellular Ltd : Idea cellular limited clarifies on news item "idea to demerge tower business portfolio and sell majority stake." .Says currently, there is no such proposal as reported by media that is being considered by the board.  Full Article

American Tower sees 2017 adjusted EBITDA of $3,810-$3,910 mln
Monday, 27 Feb 2017 07:00am EST 

American Tower Corp : Qtrly property revenue increased 21.6 pct to $1,521 million . American tower corporation reports fourth quarter and full year 2016 financial results . Q4 revenue $1.54 billion versus I/B/E/S view $1.54 billion . Qtrly consolidated affo per share $ 1.52 . American tower corp - sees FY total property revenue $6,210 million to $6,390 million . American tower corp - sees FY net income $1,175 million to $1,245 million .Sees 2017 adjusted EBITDA of $3,810 million to $3,910 million.  Full Article

American Tower Corp entered into three separate amendment agreements
Wednesday, 30 Nov 2016 04:59pm EST 

American Tower Corp : American Tower Corp says entered into three separate amendment agreements . American Tower Corp says amendment for multi-currency senior unsecured revolving credit facility entered into in June 2013 - SEC filing . American Tower says co entered into amendment for senior unsecured revolving credit facility entered into in Jan 2012, amended, restated in Sept 2014 . American Tower Corp says amendment for unsecured term loan entered into in October 2013 . American Tower Corp says amendments to 2014 credit facility extends maturity dates to January 31, 2022 and January 31, 2022 - SEC filing .American Tower Corp says amendments to 2013 credit facility among other things extend maturity date by one year to June 28, 2020 - SEC filing.  Full Article

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BRIEF-American Tower announces conversion rate adjustment

* American Tower Corporation announces conversion rate adjustment for 5.25% mandatory convertible preferred stock, series A Source text for Eikon: Further company coverage: