American Tower posts upbeat revenue on strong leasing activity amid 5G, data-center growth

American Tower on Tuesday posted fourth-quarter revenue above Wall Street estimates, lifted by stronger leasing activity from telecom carriers and continued momentum in data-center demand.

U.S. wireless operators ‌have been ⁠steadily ⁠expanding network capacity and coverage, with rising 5G rollouts, growing AI-related workloads and robust data‑center demand underscoring the need for additional tower space and related infrastructure.

Read more

You may also like

Comments are closed.

More in Newspapers