American Tower

American Tower is an independent owner, operator, and developer of wireless and broadcast communications real estate, with a global portfolio encompassing approximately 225,000 communications sites. The company specializes in providing solutions through various infrastructure services, including in-building systems, outdoor distributed antenna systems, and managed rooftops, which facilitate efficient network deployment. With a significant presence in multiple regions, American Tower operates over 40,000 cell towers in the United States, accounting for nearly half of its total revenue in 2023. Internationally, the company manages more than 75,000 towers in India, about 50,000 in Latin America, predominantly in Brazil, approximately 30,000 in Europe, and nearly 25,000 in Africa. Additionally, American Tower has expanded its operations to include the management of 28 data centers across ten U.S. markets, following its acquisition of CoreSite. The company maintains a concentrated customer base, with a majority of its revenue derived from a few dominant mobile carriers in each market.