Growth stock American Tower playing a different game to PE-backed towercos
Annual results reveal American Tower sees international markets as the “turbo charger” of their “domestic market Ferrari engine”
TowerXchange has sifted through the American Tower 2012 annual report, associated webcast and dialed into a couple of the conferences on the recent investor junket to share highlights with our readers. Our selective coverage of the international aspects of American Tower’s annual report is a result of TowerXchange’s pre-occupation with emerging market towers, and our current focus on Africa. For the full picture we recommend you download the full 2012 annual report from: www.americantower.com.
American Tower aims to again double the size of their business in the next five years
The announcement of American Tower’s 2012 annual results re-emphasised their status as the “corporate” towerco participating in emerging markets.