American Tower Corporation is a leading global real estate investment trust that focuses on owning, operating, and developing multi-tenant communications real estate. The company primarily provides essential infrastructure for wireless communication services by managing a vast portfolio of cell towers and other communication sites. By facilitating connectivity and enhancing network coverage for telecommunications providers, American Tower plays a crucial role in supporting the growth of mobile communication technologies, including 4G, 5G, and beyond. Additionally, the company is involved in the leasing of space on these structures to various telecommunications companies, helping to ensure seamless communication for consumers and businesses alike. Read More
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CoreSite, an American Tower company (NYSE: AMT) empowering critical business and AI workloads that impact everyday life through interconnected data center solutions, today announced the acquisition of the Denver Gas and Electric Building and its related operating businesses. Located at 910 15th Street in the heart of downtown Denver, the historic carrier hotel serves as the primary point of interconnection in the Rocky Mountain region and currently hosts CoreSite’s DE1 data center operations. With the acquisition of the #1 network-dense carrier hotel serving Denver and the Rocky Mountain region, the company plans to add approximately 3 critical megawatts (CMW) of data center capacity. This additional capacity nearly doubles DE1’s space and power footprint and furthers CoreSite’s ability to meet the growing demands of public and private cloud providers, enterprises, network and service providers.
Dip-buying absent in early NY trading, Wall Street deep in red as trade war fears escalate despite strong jobs report. Investors on edge for hints from Fed Chair Powell.
American Tower Corporation (NYSE: AMT) announced today that the press announcement of its first quarter 2025 results is scheduled to be released to the news services at 7:00 a.m. ET on Tuesday, April 29, 2025. In addition, the Company has scheduled a conference call at 8:30 a.m. ET on April 29, 2025, to discuss its results.
Headlines of dividend increases can permeate at a dazzling pace during the meatiest weeks of earnings season. However, late-reporting stragglers also deserve recognition for their willingness to return more capital to shareholders.
