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American Tower Corp.

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American Tower Corp. is one of the world's largest real estate investment trusts and a leading independent owner and operator of wireless communications infrastructure. The company owns and operates approximately 225,000 cell towers and other communications sites across the United States, Latin America, Europe, Africa, and Asia. American Tower leases space on its towers to wireless carriers, government agencies, and broadband providers who install antennas and other equipment to support their networks. The company generates recurring revenue through long-term lease contracts with built-in escalators. American Tower also provides tower-related services including site acquisition, zoning, construction, and structural analysis. Founded in 1995 as a subsidiary of American Radio Systems and headquartered in Boston, Massachusetts, American Tower has grown into a global infrastructure leader. The company benefits from explosive growth in mobile data consumption, 5G network deployment, carrier densification strategies, and digital infrastructure demand in emerging markets. American Tower generates stable, growing cash flows from its contracted revenue base and returns capital through dividends.