As of the end of Q1 2019, American Tower had an average of 28 years remaining on average for all its cell tower ground leases in the US which represents a 4-year increase from the same time in 2014. (In other words, American Tower continues to buy or extend its leases.) Of the towers ATC owns in the U.S., approximately 90% of them are on property where the property owner only has one tower lease altogether with American Tower. This means that ATC is a party to leases with over 35,000 individual property owners.
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