American Tower Corporation (AMT) provided its 4th Quarter 2015 earnings call this past week. In reviewing the transcript, here are our takeaways:
1. American Tower now has upwards of 140,000 towers worldwide – which represents a sizable increase in India of 42,000 towers over 2015 and the 11,500 sites from Verizon this past year. AMT expects to be at 145,000 sites by the end of the year, which suggests that there aren’t any sizable acquisitions out there for 2016.
2. American Tower built approximately 3,000 towers and 50 new indoor DAS networks in 2015 (almost all of them outside the US). [Read more…] about Key Takeaways from American Tower (AMT) Q4 2015 Earnings Call