Cowen & Company analyst Colby Synesael may have hit a nerve — or
at least rung an alarm bell – during Friday morning’s Q3 results call
when he asked American Tower Corp. CEO Jim Taiclet and CFO Tom Bartlett
about reports the company’s Master Lease Agreement with AT&T’s is
expiring in 2016.
“Let me be really clear: the Master Lease Agreement is not expiring.
Okay?” Bartlett said emphatically. “There are certain elements that Jim
talked about that change over that period of time but the MLA is not
expiring. I know there have been some write-ups and I want to be very
clear on that.” Continue reading here.
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