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American Tower Corp (AMT)

AMT on New York Consolidated

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8 Dec 2016
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Latest Key Developments (Source: Significant Developments)

American Tower reports Q3 revenue $1.515 billion
Thursday, 27 Oct 2016 07:00am EDT 

American Tower Corp : Reports third quarter 2016 financial results . Q3 revenue $1.515 billion versus i/b/e/s view $1.51 billion . Qtrly AFFO attributable to amt common stockholders per share $1.42 . Says raising midpoint of FY 2016 outlook for consolidated AFFO by $30 million . Raising midpoint of FY 2016 outlook for property revenue, net income, adjusted EBITDA and consolidated AFFO by $50 million . Sees fy 2016 total capital expenditures $685 million to $785 million .FY 16 outlook reflects favorable impacts of foreign currency fluctuations of sbout $23 million for total property revenue.  Full Article

American Tower Corp and PGGM announce European joint venture
Thursday, 27 Oct 2016 06:30am EDT 

American Tower Corp : American Tower Corporation and PGGM announce creation of European joint venture . AMT will contribute its German assets into atc europe and PGGM will acquire a 49 pct interest in ATC Europe .American Tower will retain operational control and day-to-day oversight of ATC Europe.  Full Article

American Tower reports second quarter 2016 results
Thursday, 28 Jul 2016 07:00am EDT 

American Tower Corp : Quarterly consolidated AFFO per share $ 1.38 . Q2 FFO per share view $1.39 -- Thomson Reuters I/B/E/S . Q2 revenue $1.442 billion versus I/B/E/S view $1.44 billion . Sees full year total property revenue $5,615 million to $5,705 million . Sees full year net income of $965 million to $1,025 million .Raising midpoint of full year 2016 outlook for property revenue, adjusted EBITDA,consolidated AFFO by $10 million, $15 million and $15 million, respectively.  Full Article

American Tower files for potential mixed shelf, size undisclosed – SEC filing
Friday, 3 Jun 2016 04:43pm EDT 

American Tower Corp :Files for potential mixed shelf, size undisclosed – SEC filing.  Full Article

American Tower prices senior notes offering
Tuesday, 10 May 2016 04:38pm EDT 

American Tower Corp : Pricing of its registered public offering of senior unsecured notes due 2026, in an aggregate principal amount of $1.0 billion . Notes will have an interest rate of 3.375% per annum and are being issued at a price equal to 99.004% of their face value . Net proceeds expected to be approximately $981.5 million, after deducting underwriting discounts and estimated offering expenses .American tower corporation prices senior notes offering.  Full Article

American Tower Corp declares quarterly distribution
Wednesday, 9 Mar 2016 04:30pm EST 

American Tower Corp:Board of directors has declared its quarterly cash distribution of $0.51 per share on shares of the Company's common stock.Distribution is payable on April 28 to such stockholders of record date as on April 12.  Full Article

American Tower Corp updates FY 2015 guidance
Thursday, 29 Oct 2015 07:00am EDT 

American Tower Corp:Says that it has reduced the midpoint of its FY 2015 outlook for total rental and management revenue by $20 million, and raised the midpoint for adjusted EBITDA by $5 million and AFFO by $10 million.  Full Article

American Tower Corp acquires controlling interest in Viom Networks
Wednesday, 21 Oct 2015 08:11am EDT 

American Tower Corp:Announces acquisition of controlling interest in viom networks.Says total cash consideration will be inr 76 billion.Says American Tower expects the transaction to be immediately accretive to affo per share.Says will acquire a 51% controlling interest in viom networks.Says intends to finance the transaction in a manner consistent with maintaining its investment grade credit rating.Says under agreement, co may acquire or be required to acquire all or portion of the remaining 49% ownership stake in viom.At closing, tata teleservices to retain part of holding, with macquarie sbi infrastructure investments, others retaining some interests.  Full Article

American Tower Corp declares quarterly distribution
Thursday, 10 Sep 2015 04:30pm EDT 

American Tower Corp:Declares its quarterly cash distribution of $0.46 per share.Says distribution is payable on Oct. 7, to such stockholders of record at close of business on Sept. 23.  Full Article

American Tower Corp updates on FY 2015 guidance
Wednesday, 29 Jul 2015 07:00am EDT 

American Tower Corp:Says that it has raised the midpoint of FY 2015 outlook for total rental and management revenue by $90 million.Sees FY 2015 Adjusted EBITDA by $30 million.Sees FY 2015 AFFO by $60 million.Says the company's outlook includes the 4,699 Airtel Nigeria sites acquired on July 1, 2015.Says the acquisition expected to contribute about $110 million in revenue, $30 million in Adjusted EBITDA and $20 million in AFFO to FY 2015 results, at current exchange rates.  Full Article

BRIEF-American Tower Q3 AFFO per share $1.42

* Raising midpoint of FY 2016 outlook for property revenue by $50 million