Several significant financial entities have increased or decreased their holdings in $AMT. Among them are LGT Fund Management, Mirae Asset Global Investments, and Trivium Point Advisory. AMT, having affirmed growth strategy at Citi’s Global Technology, Media, and Telecommunications Conference, is regarded as an opportune investment by some while others reveal a contrary interpretation, with RBC downgrading the company's rating to 'Sector Perform' due to spectrum concerns.
Notably, AT&T Mexico and American Tower reached a $300 million tower payment agreement. Furthermore, following Q2 Earnings, AMT saw its shares decline albeit exceeding estimates and raised its guidance based on 5G rollout and substantial currency gains. The firm has projected 5% dividend growth foreseeing a robust 5G expansion ahead. It recently primed for impact with the announcement of a public offering of senior unsecured notes due 2030 and 2035, contributing to the elevation of its low-risk financial status.
American Tower's spectrum issues brought about by RBC Capital's downgrading emerges as one of few concerns in an otherwise promising outlook. Nevertheless, committed to innovating, AMT launched its CoreSite Subsidiary's NY3 Data Center and resolved a latent dispute with AT&T Mexico.
American Tower Corporation AMT News Analytics from Tue, 28 Jan 2025 08:00:00 GMT to Sat, 04 Oct 2025 11:14:20 GMT - Rating 5 - Innovation 2 - Information 8 - Rumor -2
