American Tower

Women Making Modest Progress Breaking into High-Paying Executive Jobs, Yet Still Face Barriers to the CEO's Office

Retrieved on: 
Wednesday, March 29, 2023

BOSTON, March 29, 2023 /PRNewswire/ -- Newly released data from the Eos Foundation's Women's Power Gap report, Breaking Through to the Top: Diversity Among Executive Leadership at Massachusetts' Largest Public Companies, shows a modest increase in women's representation among the most highly compensated corporate executives**, from 10% in 2020 to 16% currently. But women remain notably stalled just before reaching the CEO's office.

Key Points: 
  • That is a 60% drop-off in women's representation from the number two to number one roles, according to the report.
  • "These findings show a very steep 'final drop'," said Andrea Silbert, President of the Eos Foundation.
  • "Slowly but surely, women are making their way to 'launch' roles, only to find the last step to the CEO's office out of reach.
  • Women of color remain significantly underrepresented occupying only 4% of CEO roles, 5% of executive leadership team members, and 4% Named Executive Officers.

The DAS market is projected to grow from USD 3 USD 9.7 billion in 2023 to USD 13.0 billion by 2028, registering a CAGR of 6.2%

Retrieved on: 
Wednesday, March 15, 2023

NEW YORK, March 15, 2023 /PRNewswire/ -- The DAS market is projected to grow from USD 3 USD 9.7 billion in 2023 to USD 13.0 billion by 2028, registering a CAGR of 6.2% during the forecast period.

Key Points: 
  • NEW YORK, March 15, 2023 /PRNewswire/ -- The DAS market is projected to grow from USD 3 USD 9.7 billion in 2023 to USD 13.0 billion by 2028, registering a CAGR of 6.2% during the forecast period.
  • However, the complexities involved in installing DAS will be a challenge for the market in the future.
  • Hence, end users can benefit from a multicarrier DAS, while the host company receives exclusive rights to the system.
  • The report also helps stakeholders understand the market's pulse and provides information on key market drivers, restraints, challenges, and opportunities.

American Tower Corporation Declares Quarterly Distribution

Retrieved on: 
Thursday, March 9, 2023

American Tower Corporation (NYSE: AMT) today announced that its board of directors has declared its quarterly cash distribution of $1.56 per share on shares of the Company’s common stock.

Key Points: 
  • American Tower Corporation (NYSE: AMT) today announced that its board of directors has declared its quarterly cash distribution of $1.56 per share on shares of the Company’s common stock.
  • The distribution is payable on April 28, 2023 to the stockholders of record at the close of business on April 14, 2023.

American Tower Corporation Announces Pricing of Securities Offering

Retrieved on: 
Wednesday, March 8, 2023

American Tower Corporation (NYSE: AMT) (the “Company”) today announced that certain of its indirect subsidiaries priced, in a private transaction, $1.3 billion aggregate principal amount of Secured Tower Revenue Securities, Series 2023-1, Subclass A (the “Series 2023-1A Securities”).

Key Points: 
  • American Tower Corporation (NYSE: AMT) (the “Company”) today announced that certain of its indirect subsidiaries priced, in a private transaction, $1.3 billion aggregate principal amount of Secured Tower Revenue Securities, Series 2023-1, Subclass A (the “Series 2023-1A Securities”).
  • The Company intends to use the net proceeds of this offering to repay existing indebtedness and for general corporate purposes.
  • The Securities subject to the proposed offering have not been registered under the Securities Act of 1933, as amended (the “Securities Act”) or any state securities laws, and are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, to persons that qualify as accredited investors within the meaning of Regulation D under the Securities Act and to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act.
  • Unless so registered, the Securities may not be offered or sold in the United States or to U.S. persons except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws.

American Tower Corporation Prices Senior Notes Offering

Retrieved on: 
Tuesday, February 28, 2023

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 $700.0 million and $800.0 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 $700.0 million and $800.0 million, respectively.
  • The 2028 notes will have an interest rate of 5.500% per annum and are being issued at a price equal to 99.694% of their face value.
  • The net proceeds of the offering are expected to be approximately $1,480.9 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.

Distributed Antenna System (DAS) Market worth $13.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, February 28, 2023

CHICAGO, Feb. 28, 2023 /PRNewswire/ -- The Distributed Antenna System (DAS) Market is projected to grow from USD 9.7 billion in 2023 to USD 13.0 billion by 2028, registering a CAGR of 6.2% during the forecast period according to a new report by MarketsandMarkets™.

Key Points: 
  • CHICAGO, Feb. 28, 2023 /PRNewswire/ -- The Distributed Antenna System (DAS) Market is projected to grow from USD 9.7 billion in 2023 to USD 13.0 billion by 2028, registering a CAGR of 6.2% during the forecast period according to a new report by MarketsandMarkets™.
  • Furthermore, use of distributed antenna system (DAS) technology in Citizens Broadband Radio Service (CBRS)  is expected to create lucrative opportunities for the market.
  • It is moreover anticipated to rule the market during the anticipated time frame, expanding at a higher CAGR between 2023 and 2028.
  • The market growth, the market, the market, the market, the market, market, market, market, market, market, market, market, market, market Installation services are provided by both DAS integrators and OEMs.

Distributed Antenna System (DAS) Market worth $13.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, February 28, 2023

CHICAGO, Feb. 28, 2023 /PRNewswire/ -- The Distributed Antenna System (DAS) Market is projected to grow from USD 9.7 billion in 2023 to USD 13.0 billion by 2028, registering a CAGR of 6.2% during the forecast period according to a new report by MarketsandMarkets™.

Key Points: 
  • CHICAGO, Feb. 28, 2023 /PRNewswire/ -- The Distributed Antenna System (DAS) Market is projected to grow from USD 9.7 billion in 2023 to USD 13.0 billion by 2028, registering a CAGR of 6.2% during the forecast period according to a new report by MarketsandMarkets™.
  • Furthermore, use of distributed antenna system (DAS) technology in Citizens Broadband Radio Service (CBRS)  is expected to create lucrative opportunities for the market.
  • It is moreover anticipated to rule the market during the anticipated time frame, expanding at a higher CAGR between 2023 and 2028.
  • The market growth, the market, the market, the market, the market, market, market, market, market, market, market, market, market, market Installation services are provided by both DAS integrators and OEMs.

MOD Mission Critical Enhances Hybrid Cloud Offering by Leveraging the Open Cloud Exchange®

Retrieved on: 
Monday, February 27, 2023

CoreSite , a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), today announced that MOD Mission Critical (MOD), an international managed services provider specializing in colocation and IP services solutions, has expanded its capabilities to address multicloud and hybrid-cloud opportunities through the Open Cloud Exchange® (OCX).

Key Points: 
  • CoreSite , a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), today announced that MOD Mission Critical (MOD), an international managed services provider specializing in colocation and IP services solutions, has expanded its capabilities to address multicloud and hybrid-cloud opportunities through the Open Cloud Exchange® (OCX).
  • MOD’s PaaSPort™ platform provides customers with an easy-to-use interface to order multicloud, hybrid-cloud and private-cloud connectivity solutions, along with a full suite of services specifically designed to enable multi-facility, multicloud (hybrid) and multi-network solution deployments world-wide.
  • MOD recently integrated into the OCX, a leading software-defined interconnection platform, to seamlessly deliver cloud connectivity solutions to its customer base.
  • “This relationship is a perfect example of how the Open Cloud Exchange® can support organizations and managed service providers to increase their competitive edge and win in the marketplace.”

American Tower Corporation Announces Participation in Upcoming Investor Conferences

Retrieved on: 
Friday, February 24, 2023

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:
    Tuesday, February 28, 2023, 11:20 a.m.
  • ET – Adam Smith, Senior Vice President, Investor Relations, is scheduled to speak at the Raymond James 44th Annual Institutional Investors Conference in Orlando, Florida.
  • ET – Tom Bartlett, President and Chief Executive Officer, is scheduled to speak at Citi's 2023 Global Property CEO Conference in Hollywood, Florida.
  • For more information about American Tower, please visit www.americantower.com .

Modular UPS Global Market Report 2022: Sector to Reach $2.52 Billion by 2027 at a 10.35% CAGR

Retrieved on: 
Wednesday, February 22, 2023

DUBLIN, Feb. 22, 2023 /PRNewswire/ -- The "Modular UPS Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 22, 2023 /PRNewswire/ -- The "Modular UPS Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering.
  • The modular UPS market is projected to grow at a CAGR of 10.35% during the forecast period to reach US$2.521 billion by 2027, from US$1.265 billion in 2020.
  • A rapid increase in technological developments and an increased need for power supply are expected to boost the market for modular UPS.
  • During the forecast period, North America is expected to gain a high market size in the modular UPS Market.