Articles tagged with: American Tower

KPN Raises $500 Million From Sale of 2,000 German Towers to American Tower

KPN has secured a deal to sell over 2,000 of its German subsidiary's towers to USA based American Tower Corp for an agreed upon purchase price of approximately EUR 393 million (US$500 million).  more

Related Tags: samsung-electronics


KPN Close to Selling German Tower Assets

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American Tower Bounces Back to Strong Profitability

USA based American Tower has announced that its third-quarter revenues rose by 13.2 percent to US$713.3 million, while net profits rose to US$232.1 million compared to a loss of US$15.7 million a year ago.  more

Related Tags: wimax-forum


Fitch Rates American Tower's Term Loan 'BBB-'; Outlook Stable

Fitch Ratings has assigned a 'BBB-' rating to American Tower's (AMT) $750 million senior unsecured term loan due 2017. The company's Long-term Issuer Default Rating (IDR) is 'BBB-' and the Rating Outlook is Stable.  more

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American Tower Profits Fall on Foreign Exchange Losses

American Tower has reported that its second-quarter revenues rose by 16.8% to US$697.7 million, although net profit fell to US$48.2 million, compared to US$115.2 million a year ago.  more

Related Tags: telstra, Australia


ATC Telecom Tower Seeking Unpaid Rental Fees from Indian Mobile Network

India's ATC Telecom Tower -- a subsidiary of American Tower -- has approached the dispute arbitration body, TDSAT to recover what it says are unpaid rental fees from Etisalat DB.  more

Related Tags: etisalat-db, India


American Tower Pays $500 Million for 2,500 Tower in Mexico

American Tower Corp today announced that it has entered into definitive agreements to acquire up to approximately 2,500 towers from Telefnica's Mexican subsidiary, Pegaso PCS, for an agreed upon purchase price of up to approximately $500 million, excluding value added tax.  more

Related Tags: pegaso-pcs, telefonica, telefonica,, Mexico


MTN Uganda Sells 1,000 Towers to American Tower

USA based American Tower and South Africa's MTN Group have set up a joint venture tower company in Uganda, which will acquire all of the existing tower sites from MTN Uganda, numbering approximately 1,000, for an agreed upon purchase price of up to approximately US$175 million.  more

Related Tags: mtn, Uganda


American Tower Buys 1,800 Sites for $500 Million

American Tower has announced that it is buying a portfolio of property interests under approximately 1,800 communications sites for an expected total consideration of approximately $500 million.  more

Related Tags: USA


Millicom Sells Columbian Towers to American Tower

Millicom International Cellular has announced the sale of up to 2,126 towers owned by its Colombian subsidiary, Colombia Mvil to American Tower for  US$182 million in cash.  more

Related Tags: millicom, Colombia


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