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DARK SECRETS: American tower corp - The Real Truth

Saudi PIF Considers Bidding for Qatar's Ooredoo Tower Unit

Saudi Arabia's Public Investment Fund (PIF) is considering a final bid for network towers sold by Qatari telecom firm Ooredoo. According Bloomberg, informed sources said the PIF expressed its keenness to be among the suitors for the Qatari telecom and submit offers for the final purchase competing with American Tower…

Asharq Al-Awsat · Nov 9, 2022

The Three Worst-Performing REITs Of The Year

The Three Worst-Performing REITs Of The Year

Three major real estate investment trusts (REITs) are hitting new 2022 lows as investors unload in the classic just-get-me-out fashion.

Benzinga · Oct 7, 2022

American Tower Registers 23% Revenue Growth In Q1 Backed By Organic Tenant Billings Growth

American Tower Registers 23% Revenue Growth In Q1 Backed By Organic Tenant Billings Growth

American Tower Corp (NYSE:AMT) reported first-quarter FY22 revenue growth of 23.2% year-on-year to $2.66 billion, beating the consensus of $2.60 billion. Property revenue increased 22.1% Y/Y to $2.60 billion. Tenant Billings grew 10.3%, and Organic Tenant Billings increased 3%. AFFO per share attributable was $2.55, up 3.7% Y/Y. The company generated $663.6 million…

Benzinga · Apr 27, 2022

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American Tower Clocks 15% Revenue Growth In Q4

American Tower Corp (NYSE:AMT) reported fourth-quarter FY21 revenue growth of 15.2% year-on-year to $2.45 billion, beating the consensus of $2.41 billion. Property revenue increased 13.3% Y/Y to $2.38 billion. Tenant Billings grew 11.7%, and Organic Tenant Billings increased 1.7%. EPS of $0.99 was up 20.7% Y/Y. AFFO per share was $2.10, up 1.4%…

Benzinga · Feb 24, 2022

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