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American Tower Corporation
AMT today released information about its
business in light of T-Mobile USA's contemplated combination with MetroPCS,
which is subject to regulatory approval. For the quarter ended June 30, 2012,
T-Mobile and MetroPCS accounted for approximately 7% and 2%, respectively, of
American Tower's consolidated operating revenues. American Tower currently has
separate leases for antenna space with T-Mobile and MetroPCS on the same site
at approximately 1,000 communications sites owned or operated by American
Tower. The combined revenue generated from T-Mobile and MetroPCS on these
sites represented approximately 1% of American Tower's consolidated operating
revenues for the quarter ended June 30, 2012. The average remaining current
term on the long-term lease arrangements on these sites with T-Mobile and
MetroPCS is approximately nine years.
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