Market Overview

American Tower Corporation Announces U.S. Tower Management Changes

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American Tower Corporation (NYSE:AMT) today announced changes to its
U.S. Tower senior management team. Steven Marshall intends to step down
from his position as Executive Vice President and President, U.S. Tower
Division, effective August 1, 2018. Steve Vondran, who has been with
American Tower for approximately 18 years, will succeed Mr. Marshall in
this position, effective August 1, 2018. To assist in the transition of
responsibilities, Mr. Marshall will assume the new role of strategic
advisor, reporting to Jim Taiclet, through October 31, 2018.

Mr. Marshall first joined American Tower in 2007 as Executive Vice
President, International Business Development and was appointed to lead
the U.S. Tower Division in March 2009. Under his leadership, the U.S.
Tower Division more than doubled the number of sites in its tower
portfolio and nearly tripled property revenue and operating profit.

Mr. Vondran joined American Tower in 2000 and was appointed Senior Vice
President of its U.S. Leasing Operations, in August 2004, where he
oversaw project management, operational finance and national sales
teams. In August 2010, Mr. Vondran was named Senior Vice President,
General Counsel, U.S. Tower Division, where in addition to leading the
legal function, he oversaw the integration of key acquisitions and the
negotiation of tenant master lease agreements.

Jim Taiclet, Chairman, President and CEO of American Tower Corporation,
commented "I'd like to first thank Steven Marshall for his strong
leadership of our U.S. Tower Division for nearly 10 years, which has
positioned the business to generate compelling organic growth as the
U.S. mobile industry evolves towards a 5G world. I'm also pleased to
have Steve Vondran join our executive team. His depth of experience
leading a number of diverse organizations within American Tower has
positioned him well to assume this leadership role."

About American Tower
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 approximately
170,000 communications sites. For more information about American Tower,
please visit the "Earnings Materials" and "Company & Industry Resources"
sections of our investor relations website at www.americantower.com.

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