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American Tower Corp (AMT.N)

AMT.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

American Tower Corp Prices Senior Notes Offering
Wednesday, 16 May 2018 

May 15 (Reuters) - American Tower Corp ::AMERICAN TOWER CORPORATION PRICES SENIOR NOTES OFFERING.AMERICAN TOWER CORP - PRICING OF REGISTERED PUBLIC OFFERING OF SENIOR UNSECURED NOTES DUE 2026, IN AN AGGREGATE PRINCIPAL AMOUNT OF 500.0 MILLION EUROS.AMERICAN TOWER CORP - NOTES WILL HAVE AN INTEREST RATE OF 1.950 PCT PER ANNUM AND ARE BEING ISSUED AT A PRICE EQUAL TO 99.313 PCT OF THEIR FACE VALUE.  Full Article

American Tower Says Entered Loan Agreement For A New $1.5 Bln Unsecured Term Loan
Friday, 30 Mar 2018 

March 29 (Reuters) - American Tower Corp ::AMERICAN TOWER SAYS ENTERED LOAN AGREEMENT FOR A NEW $1.5 BILLION UNSECURED TERM LOAN - SEC FILING.AMERICAN TOWER - TERM LOAN MATURES ON MARCH 29, 2019.AMERICAN TOWER CORP - USED NET PROCEEDS FROM TERM LOAN TO REPAY EXISTING INDEBTEDNESS UNDER REVOLVING CREDIT FACILITIES..  Full Article

American Tower Corp Announces New Stock Repurchase Program
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - American Tower Corp ::AMERICAN TOWER CORPORATION DECLARES QUARTERLY DISTRIBUTION AND ANNOUNCES NEW STOCK REPURCHASE PROGRAM.AMERICAN TOWER CORP - BOARD APPROVED NEW STOCK REPURCHASE PROGRAM PURSUANT TO WHICH CO IS AUTHORIZED TO REPURCHASE UP TO $2.0 BILLION OF COMMON STOCK.  Full Article

American Tower Corp Prices Senior Notes Offering
Wednesday, 6 Dec 2017 

Dec 5 (Reuters) - American Tower Corp ::AMERICAN TOWER CORPORATION PRICES SENIOR NOTES OFFERING.AMERICAN TOWER CORP - PRICING OF PUBLIC OFFERING OF SENIOR UNSECURED NOTES DUE 2023 AND 2028, IN AMOUNTS OF $700.0 MILLION & $700.0 MILLION, RESPECTIVELY.AMERICAN TOWER CORP - 2023 NOTES WILL HAVE AN INTEREST RATE OF 3.000% PER ANNUM AND ARE BEING ISSUED AT A PRICE EQUAL TO 99.742% OF THEIR FACE VALUE.AMERICAN TOWER CORP - 2028 NOTES WILL HAVE AN INTEREST RATE OF 3.600% PER ANNUM AND ARE BEING ISSUED AT A PRICE EQUAL TO 99.476% OF THEIR FACE VALUE.  Full Article

Tiger Global Management ups stake in Netflix, takes stake in Roku
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - Tiger Global Management::Tiger Global Management takes share stake of 1.5 million class A shares in Roku Inc - Sec filing‍​.Tiger Global Management ups share stake in Netflix to 3.1 million shares from 376,400 shares.Tiger Global Management takes share stake of 30.2 million shares in Despegar.com.Tiger Global Management dissolves share stake in On Deck Capital Inc.Tiger Global Management dissolves share stake in American Tower Corp.Tiger Global Management ups share stake in Fiat Chrysler Automobiles by 18.5 percent to 24.8 million.Tiger Global Management - change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

American Tower to buy tower businesses from Vodafone India and Idea Cellular
Monday, 13 Nov 2017 

Nov 12 (Reuters) - American Tower Corp -:American Tower announces entry into agreements to acquire tower businesses from Vodafone India and Idea Cellular.Deal ‍expected to generate abt $320 million in property revenue, abt $120 million in gross margin during their first full year​.‍SG&A associated with assets is expected to be less than about $10 million for first year​.‍Cash consideration for deal is expected to to be about $1.2 billion​.  Full Article

American Tower says qtrly AFFO earnings per share $1.63
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - American Tower Corp -:American Tower Corporation reports third quarter 2017 financial results.Q3 revenue $1.681 billion versus I/B/E/S view $1.68 billion.American Tower Corp - qtrly AFFO earnings per share $1.63.American Tower Corp sees ‍FY 2017 total property revenue $6,510 million to $6,580​ million.American Tower Corp sees FY 2017 ‍consolidated AFFO in range of $2,870 million to $2,910​ million.  Full Article

American Tower expects to enforce avg non-cancelable remaining contract terms on leases with Tata Teleservices
Monday, 9 Oct 2017 

Oct 9 (Reuters) - American Tower Corp ::American Tower Corp releases information about its business in light of press reports regarding Tata Teleservices Limited in India​.American Tower - ‍for quarter ended June 30, Tata Teleservices accounted for about $80 million, or 5 pct of co's consolidated property revenues​.American Tower Corp - ‍tata teleservices accounted for approximately $40 million in gross margin for quarter ended June 30​.American Tower - ‍as of September 30, average remaining non-cancellable contract term with Tata Teleservices was in excess of 6 years​.American Tower - expects to "fully enforce" average non-cancelable remaining contract terms on leases with Tata Teleservices​.  Full Article

American Tower Corp prices senior notes offering
Thursday, 29 Sep 2016 

American Tower Corp : American tower corporation prices senior notes offering . Pricing of its registered public offering of senior unsecured notes due 2022 and 2027 . 2027 notes will have an interest rate of 3.125% per annum and are being issued at a price equal to 99.933% of their face value . 2022 notes will have an interest rate of 2.250% per annum and are being issued at a price equal to 99.858% of their face value . 2027 notes will have an interest rate of 3.125% per annum and are being issued at a price equal to 99.933% of their face value .Pricing public offering of senior unsecured notes due 2022 and 2027, in amounts of $600.0 million and $400.0 million, respectively.  Full Article

American Tower reports second quarter 2016 results
Thursday, 28 Jul 2016 

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 Corp to acquire Telkom Kenya sites

NAIROBI America Tower Corporation will acquire Telkom Kenya's transmission towers in a deal expected to be concluded in the second half of this year, allowing Telkom to invest in its internet network, the two companies said on Monday.