American Tower Releases Information Regarding Sprint's Potential Acquisition of T-Mobile

Loading...
Loading...
American Tower Corporation
AMT
today released information about its business in light of press reports regarding Sprint's potential acquisition of T-Mobile. For the quarter ended September 30, 2013, pro forma for American Tower's acquisition of Global Tower Partners and sites from Nextel International, Sprint and T-Mobile accounted for approximately 16% and 10%, respectively, of American Tower's consolidated operating revenues. American Tower currently has separate leases for antenna space with Sprint and T-Mobile on the same site at approximately 5,500 communications sites owned or operated by American Tower. The revenue generated from T-Mobile on these sites represented less than 5% of American Tower's consolidated operating revenues for the quarter ended
See full press release
Market News and Data brought to you by Benzinga APIs
Posted In: NewsGuidanceContractsManagementM&AGlobal
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...