American Tower Corp A (NY: AMT)
Official Closing Price  /  Updated: 6:40 PM EDT, Apr 15, 2014  /  Add to My Watchlist      
(AMT) Community Analysis from
April 16, 2014
(Stock Blog Hub, 8/22/12)
American Tower Corp. (AMT) reported its second-quarter 2012 financial results. Both the top and the bottom line fell short of the Zacks Consensus Estimate. On a GAAP basis, net...(read more)
(Stock Blog Hub, 3/7/12)
American Tower Corp. (AMT) announced excellent financial results for the fourth quarter of 2011, easily surpassing the Zacks Consensus Estimates. Moreover, all the three...(read more)
Yesterday we executed a trade for large accounts selling American Tower (AMT). We bought the stock in October 2009 at about $38.60 and sold it yesterday near $59.35. It was generally a great hold for over the two...(read more)
American Tower (AMT) Company Overview

American Tower (NYSE: AMT) leases over 27,000 cell phone towers to wireless service providers, including Verizon Communications (VZ), Sprint Nextel (S) and AT&T (T). It operates over 20,000 wireless towers in the U.S. and has an additional 7,000 in Mexico, Brazil, and India.[1] With a US market share over 40%, the company is one of the largest wireless tower operators in the country, just behind leader Crown Castle International (CCI).

Cell phone towers derive revenue from multiple tenants who use the infrastructure simultaneously. Because of the regulatory difficulty of building new towers (at least domestically), growth is largely driven by adding tenants to existing towers. This gives the tower companies significant barriers to entry and strong cash flow from incremental business at each tower.

(Read more at Wikinvest )

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