American Tower acquires TIM portfolio in Brazil

Reinforcing its leading position in Latin America and beyond

Read this article to learn:

  • The details of the AMT-TIM deal and TowerXchange commentary
  • AMT’s stock strong performance
  • An acquisition spree in LatAm and Africa

Just when we thought 2014 was going to remain a relatively quiet year for the CALA tower industry, American Tower delivered some much needed excitement with the acquisition of TIM towers in Brazil for a reported US$1.2bn in a sale and leaseback (SLB) deal. TIM’s willingness to sell their passive infrastructure assets had been rumoured…

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