Friday, September 4, 2015

American Tower Encouraged

Leah Stearns, American Tower Treasurer and Igor Khislavsky, Investor Relations of American Tower, met with Barclays’ Amir Rozwadowski and Sandeep Gupta to discuss the near-term trends and the company’s long-term strategy. The American Tower executives reiterated their commitment to the long-term strategy of leveraging the financial and operational resources at its disposal to continually seek out the best and most optimized means to drive longer-term AFFO growth. “While we continue to believe near-term business momentum remains fairly steady as the industry continues to wait for improved spending activity from a number of select U.S. carriers, we emerged encouraged about the prospects for an improved spending backdrop in the mid-term as densification initiatives continue to gain momentum,” the analysts wrote. Continue reading here

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