Boston, Massachusetts-based American Tower Corporation (AMT) is a leading independent REIT that owns, operates, and develops multitenant communications real estate with a portfolio of nearly 149,000 communications sites and a highly interconnected footprint of U.S. data center facilities. With a market cap of $87.1 billion, the company leases antennae sites on multi-tenant towers for a diverse range of wireless communications industries, including personal communications services, paging, and cellular.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and AMT perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the REIT - specialty industry. AMT’s global network serves top mobile carriers, with U.S. operations of 40,000+ towers accounting for nearly half of revenue while international assets, including 75,000+ towers in India, provide further diversification and growth.
