Recent Updates — AMT

American Tower reported third-quarter 2026 total revenue of $2,785 million, a 2.5% increase year-over-year, driven by 4.5% growth in property revenue to $2,734 million. Net income attributable to common stockholders decreased 10.3% to $766 million due to unrealized losses on equity investments, while Adjusted EBITDA rose 0.9% to $1,832 million and AFFO increased 2.4% to $1,335 million. The company raised its full-year 2026 property revenue midpoint by $55 million to reflect data center outperformance, though net income midpoints were lowered by $30 million. Additionally, the Board authorized an additional $2.0 billion for share repurchases and announced the expected sale of Canadian tower assets for approximately $202 million. American Tower is a leading independent owner, operator, and developer of multitenant communications real estate.

American Tower Corporation elected Kristen M. Ludgate, former Chief People Officer of HP Inc., as a director effective September 17, 2026. The Board also declared a quarterly cash distribution of $1.79 per share on common stock. This dividend is payable on October 20, 2026 to shareholders of record at the close of business on September 30, 2026. American Tower operates as a leading independent owner, operator, and developer of multitenant communications real estate.

American Tower Corporation completed a registered public offering of $500.0 million in 5.300% senior unsecured notes due 2031, $500.0 million in 5.560% senior unsecured notes due 2033, and $600.0 million in 5.750% senior unsecured notes due 2036 on September 14, 2026. The transaction generated aggregate net proceeds of approximately $1,579.9 million after deducting commissions and estimated expenses. The company intends to use the net proceeds to repay $600.0 million of its 1.450% senior unsecured notes due 2026, retire existing indebtedness under its $6.0 billion revolving credit facility, and fund general corporate purposes. American Tower Corporation operates in the real estate investment trust sector, specializing in the ownership, operation, and development of multitenant communications real estate.

American Tower Corporation priced a registered public offering of senior unsecured notes totaling $1.6 billion, consisting of $500 million due 2031 at 5.300%, $500 million due 2033 at 5.560%, and $600 million due 2036 at 5.750%. Net proceeds are expected to be $1,579.9 million after underwriting discounts and expenses. The company intends to use the funds to repay $600 million of its 1.450% senior notes due 2026, reduce indebtedness under its $6 billion revolving credit facility, and for general corporate purposes. American Tower is a leading independent owner, operator, and developer of multitenant communications real estate.