American Tower

American Tower Corporation Prices Senior Notes Offering

Retrieved on: 
Monday, May 22, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, Morgan Stanley, BBVA, Security (finance), BofA Securities, Prospectus, NYSE, American Tower, Citigroup, Sale

American Tower Corporation (NYSE: AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2028 and 2033 in aggregate principal amounts of $650.0 million and $850.0 million, respectively.

Key Points: 
  • American Tower Corporation (NYSE: AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2028 and 2033 in aggregate principal amounts of $650.0 million and $850.0 million, respectively.
  • The 2028 notes will have an interest rate of 5.250% per annum and are being issued at a price equal to 99.712% of their face value.
  • The net proceeds of the offering are expected to be approximately $1,481.9 million, after deducting underwriting discounts and estimated offering expenses.
  • American Tower intends to use the net proceeds to repay existing indebtedness under its $6.0 billion senior unsecured multicurrency revolving credit facility, as amended and restated in December 2021.

American Tower Corporation Announces Participation in Upcoming Investor Conferences

Retrieved on: 
Thursday, May 11, 2023
Hardware, Construction & Property, Technology, Public Relations, Investor Relations, Carriers and Services, Communications, Wearables, Mobile Technology, Other Technology, REIT, Telecommunications, Software, Networks, VoIP, Internet, Mobile, Wireless, Global Communications Conference, American Tower, Senior, SVB, Conference, NYSE, Management, Cryptocurrency, Mapletree Investments

American Tower Corporation (NYSE: AMT) today announced that it will participate in the following upcoming investor conferences:

Key Points: 
  • American Tower Corporation (NYSE: AMT) today announced that it will participate in the following upcoming investor conferences:
    Wednesday, May 17, 2023, 9:00 a.m.
  • ET – Adam Smith, Senior Vice President, Investor Relations, is scheduled to speak at SVB MoffettNathanson’s Inaugural Technology, Media, and Telecom Conference in New York, New York.
  • ET – Tom Bartlett, President and Chief Executive Officer, is scheduled to speak at Nareit's REITweek: 2023 Investor Conference in New York, New York.
  • For more information about American Tower, please visit www.americantower.com .

HCI Energy Appoints New Leadership to Meet Growing Demand for the Company’s Telecom and Communication-focused Hybrid Power Systems

Retrieved on: 
Wednesday, May 10, 2023
Communication, Crown Castle, Marketing, Electronics, CCI, American Tower, JNA Wireless Association, Energy, Primary energy, WWLF, CCO, Government, HCI, AMT, Wilkins, Engineering, Power, WIA, Wireless Infrastructure Association, Hybrid power, Management, Mobile phone

“HCI Energy provides more than just clean, reliable power.

Key Points: 
  • “HCI Energy provides more than just clean, reliable power.
  • We expedite network expansion for the millions who lack reliable broadband and communication services worldwide,” Leo Morton, HCI Energy Chairman of the Board, said.
  • The addition of Kurt Armbruster and Heather Wilkins ensures that HCI is ready to meet increased demand and support the deployment of critical communication networks,” Morton concluded.
  • To learn more about the impact of HCI’s hybrid energy solution, visit this case study

American Tower Corporation Prices Senior Notes Offering

Retrieved on: 
Tuesday, May 9, 2023
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Morgan Stanley, TD, American Tower, Banco Santander, TD Securities, BofA Securities, Sale, RBC Capital Markets, Prospectus, Security (finance), Merrill (company), Toronto-Dominion Bank, NYSE

American Tower Corporation (NYSE: AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2027 and 2031 in aggregate principal amounts of €600.0 million (approximately $660.2 million) and €500.0 million (approximately $550.2 million), respectively.

Key Points: 
  • American Tower Corporation (NYSE: AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2027 and 2031 in aggregate principal amounts of €600.0 million (approximately $660.2 million) and €500.0 million (approximately $550.2 million), respectively.
  • The 2027 notes will have an interest rate of 4.125% per annum and are being issued at a price equal to 99.866% of their face value.
  • The net proceeds of the offering are expected to be €1,089.5 million (approximately $1,198.9 million), after deducting underwriting discounts and estimated offering expenses.
  • American Tower intends to use the net proceeds to repay existing indebtedness under its $6.0 billion senior unsecured multicurrency revolving credit facility, as amended and restated in December 2021, and its $4.0 billion senior unsecured revolving credit facility, as amended and restated in December 2021.

Telecom Leader Centerline Marks Accelerated North American Growth Through Rebranding Initiative

Retrieved on: 
Tuesday, May 2, 2023
Manufacturing, Other Professional Services, Telecommunications, Urban Planning, Networks, Internet, Consulting, Building Systems, Professional Services, Residential Building & Real Estate, Technology, Commercial Building & Real Estate, Mobile, Wireless, Other Energy, Construction & Property, Utilities, Energy, Other Manufacturing, Penta, AT&T, Comcast, Bell, EV, AT, American Tower, Communication, Regional Maple Leaf Communications, ISP, Multimedia, STC, Fortune 500, Growth, Verizon Communications, Video game, Mobile phone, Center line

Centerline Communications, LLC, a leading critical infrastructure and network solutions provider, today unveiled a simplified company name and brand identity: Centerline.

Key Points: 
  • Centerline Communications, LLC, a leading critical infrastructure and network solutions provider, today unveiled a simplified company name and brand identity: Centerline.
  • The new brand reflects the company’s rapid growth and the consolidation of several brands into one brand to leverage Centerline’s reputation for operational excellence.
  • The team has decades of experience providing turnkey services to Fortune 500 clients, including AT&T, Verizon, Comcast, Bell, Rogers, and American Tower.
  • “As we’ve grown and integrated six acquisitions since the fall of 2021, we saw the opportunity to streamline our brand architecture,” said Josh Delman, CEO of Centerline.

Women's Power Gap Names Top Ten Massachusetts Companies for Gender Equity Among Executive Leadership

Retrieved on: 
Thursday, April 27, 2023
Hanover Insurance, Novantae, Alnylam Pharmaceuticals, Hologic, Compensation, Biotechnology, HubSpot, TJX Companies, TJX, Bright Horizons, Chairperson, MKS Instruments, Management, Pharmaceutical industry, American Tower, Woman

BOSTON, April 27, 2023 /PRNewswire/ -- The Eos Foundation's Women's Power Gap has released a new report, Breaking Through to the Top: Accelerating Women on the Path to the CEO's Office, that ranks Massachusetts' largest public companies on their progress in achieving gender equity among their executive leadership team.

Key Points: 
  • "While we are still a long way from gender parity, we want to applaud those companies that are making significant progress toward that goal."
  • The objective of the Women's Power Gap rankings is to spotlight which firms are doing well and which are lagging.
  • Women of color remain significantly underrepresented occupying only 4% of CEO roles, 5% of executive leadership team members, and 4% of Named Executive Officers.
  • Among the top ten companies with the best track record of advancing women, seven are in biotechnology and other medical fields.

Flō Networks Completes Acquisition of American Tower's Mexico Fiber business, ATC Holding Fibra México, S. de R.L. de C.V.

Retrieved on: 
Wednesday, April 26, 2023
Partnership, AllianceBernstein, MUFG, Lead arranger, Deutsche Bank, Underwriting, Acquisition, Reddit, City, Texas Capital Bank, American Tower

EL PASO, Texas, April 26, 2023 /PRNewswire/ -- Flō Networks (formerly known as Transtelco), a leading provider of digital infrastructure solutions, announced today that on March 29th, 2023, it completed the acquisition of American Tower's Mexico Fiber business, ATC Holding Fibra México, S. de R.L. de C.V., (known commercially as redIT) and its high-capacity fiber optic network, which maintains a dense presence in over 40 cities throughout Mexico.

Key Points: 
  • EL PASO, Texas, April 26, 2023 /PRNewswire/ -- Flō Networks (formerly known as Transtelco), a leading provider of digital infrastructure solutions, announced today that on March 29th, 2023, it completed the acquisition of American Tower's Mexico Fiber business, ATC Holding Fibra México, S. de R.L.
  • de C.V., (known commercially as redIT) and its high-capacity fiber optic network, which maintains a dense presence in over 40 cities throughout Mexico.
  • "We are thrilled to announce the completion of the acquisition of ATC Holding Fibra México," said Miguel Fernandez, Chief Executive Officer of Flō Networks.
  • Flō Networks maintains one of the most unique, scalable, and low-latency networks in the region.

CoreSite Adds New Open Cloud Exchange® Automation and Direct-to-Cloud Capabilities with Oracle Cloud Infrastructure

Retrieved on: 
Tuesday, April 18, 2023
Data Management, Security, Technology, Software, Networks, Internet, Cloud, OCX, Communication, Software as a service, Platform as a service, Infrastructure as a service, Data-rate units, Open Cloud Computing Interface, CoreSite, Oracle Cloud, OPN, Ecosystem, TCO, OCI, NYSE, American Tower, Automation, Video game

The new services automate additional provisioning functionality within Oracle Cloud Infrastructure (OCI) and direct cloud-to-cloud communication capabilities on CoreSite’s fully managed virtual routers.

Key Points: 
  • The new services automate additional provisioning functionality within Oracle Cloud Infrastructure (OCI) and direct cloud-to-cloud communication capabilities on CoreSite’s fully managed virtual routers.
  • By launching these additional direct-to-cloud capabilities on the OCX platform, CoreSite customers now have more options to deploy multicloud and hybrid cloud architectures by connecting other cloud deployments to OCI .
  • In addition, CoreSite’s Chicago campus serves as a key interconnection point for the Oracle Cloud Chicago Region with FastConnect.
  • The new network services provide enhanced automation for Oracle Cloud Infrastructure to the OCX ecosystem, in addition to the capabilities currently available.

Arcadian Transforms Digital Files Into Streamable Content with CoreSite’s Secure, Reliable Colocation Services

Retrieved on: 
Monday, April 17, 2023
Software, Networks, Internet, Audio, Video, Film & Motion Pictures, Data Management, Technology, Entertainment, National Association of Broadcasters, Gatsby, NAB, Digital, CoreSite, Resorts World, Bar, National Association, SLA, Environment, NYSE, American Tower, Music, Arcadian

Since providing its large production studio clients with high-quality digital files requires intense compute capabilities, Arcadian works with files directly in its clients’ public cloud environments for less complex projects and on its most time-consuming projects within the data center to control costs.

Key Points: 
  • Since providing its large production studio clients with high-quality digital files requires intense compute capabilities, Arcadian works with files directly in its clients’ public cloud environments for less complex projects and on its most time-consuming projects within the data center to control costs.
  • Arcadian’s colocation deployment is in CoreSite’s Los Angeles data center campus – one of the media and entertainment industry’s largest technology ecosystems.
  • CoreSite’s LA campus offers the physical security, highly reliable environment and interconnection Arcadian requires to securely work on its clients’ files uninterrupted.
  • “By partnering with CoreSite and leveraging our hybrid IT infrastructure, Arcadian can provide any solution our clients request and protect their digital assets,” said Joe Waltzer, Founder at Arcadian.

American Tower Plans First Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Friday, April 7, 2023
Construction & Property, Professional Services, REIT, Finance, American Tower, Broadcasting

Live simulcast (listen only) available during the call.

Key Points: