American Tower acquires 2,790 towers in Brazil and 1,666 towers in Mexico

Earlier this Summer, American Tower announced that it had reached an agreement with NII Holdings, Inc. to acquire up to 2,790 towers in Brazil and 1,666 towers in Mexico in two separate transactions, for approximately $413 million and $398 million, respectively, based on current foreign currency exchange rates. American Tower expects to use cash on…

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