BOSTON--(BUSINESS WIRE)--Apr. 29, 2018--
American Tower Corporation (NYSE: AMT) today released information about
its business in light of the proposed merger between Sprint and T-Mobile
US For the quarter ended December 31, 2017, Sprint and T-Mobile US each
accounted for approximately 8% of American Tower’s consolidated property
revenues.
For the quarter ended December 31, 2017, on sites where both companies
had separate leases for antenna space, the revenue generated from Sprint
represented approximately 4% of American Tower’s consolidated property
revenues and the revenue generated from T-Mobile US represented
approximately 3% of American Tower’s consolidated property revenues. The
average remaining non-cancellable current lease term on these sites with
Sprint and T-Mobile US is approximately three to four years.
American Tower, one of the largest global REITs, is a leading
independent owner, operator and developer of multitenant communications
real estate with a portfolio of over 160,000 communications sites. For
more information about American Tower, please visit www.americantower.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180429005082/en/
Source: American Tower Corporation
ATC:
Igor Khislavsky, 617-375-7500
Senior
Director, Investor Relations