US03027X1000 - REIT
AMERICAN TOWER CORP
NYSE:AMT (4/24/2024, 1:28:08 PM)
174.6
+0.42 (+0.24%)
American Tower Corp. provides real estate investment services, and owns, operates, and develops multi-tenant real estate properties. The company is headquartered in Boston, Massachusetts and currently employs 6,391 full-time employees. The firm operates as a real estate investment trust (REIT), which owns, operates and develops multitenant communications real estate. Its segments include U.S. & Canada property, Asia-Pacific property, Africa property, Europe property, Latin America property, Data Centers and Services. Its primary business is leasing space on multitenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. Its Data Centers segment relates to data center facilities and related assets that the Company owns and operates in the United States. Its Services segment offers tower-related services in the United States, including AZP, structural analysis and construction management, which primarily support its site leasing business, including the addition of new tenants and equipment on its communications sites.
AMERICAN TOWER CORP
116 Huntington Ave
Boston MASSACHUSETTS 02116
P: 16173757500
CEO: Thomas A. Bartlett
Employees: 6391
Website: https://www.americantower.com/
Markets are increasingly jittery and inflation is hitting consumers hard. That makes these three telecom stocks good defensive value picks.
Although monetary policy seemed to be moving in a dovish direction, a pivot may warrant a look at stocks for Fed hikes.
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