AMTPRA Filings — American Tower Corp /ma/ - FilingSpy
AMTPRA
American Tower Corp /ma/
A global owner and operator of wireless communications towers and data centers, leasing space on its sites to carriers like AT&T, T-Mobile, Verizon, and Airtel. It grew out of a broadcasting company founded in Boston in 1995, when its founder realized wireless carriers were each building duplicate towers—so he built shared ones instead, and spun the business off as its own company in 1998. It later expanded into data centers by buying CoreSite in 2021, and converted to a REIT in 2012.
American Tower reports Q2 2026 revenue up 4.7% to $2,749 million, net income up 133.2% to $888 million
Adjusted EBITDA grew 3.2% to $1,808 million, and AFFO attributable to AMT common stockholders increased 3.8% to $1,264 million.
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Total revenue increased 4.7% to $2,749 million for Q2 2026, with total property revenue up 6.3% to $2,688 million.
Net income rose 133.2% to $888 million, and net income attributable to AMT common stockholders increased 136.5% to $868 million.
The company raised its full-year 2026 outlook for property revenue, Adjusted EBITDA, AFFO, and AFFO per share, citing foreign currency benefits, Data Center outperformance, and one-time expense benefits.
During Q2 2026, American Tower completed the sale of its Philippines subsidiary for $75.6 million and its controlling interest in Kirtonkhola Tower Bangladesh Limited for $6.9 million.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
American Tower terminates DISH Strategic Collocation Agreement effective June 2, 2026
Since January 1, 2026, 100% of DISH revenue has been reflected in churn, and the termination is not expected to impact American Tower's 2026 financial results.
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American Tower delivered a notice of termination, effective June 2, 2026, to DISH Wireless L.L.C. of the Strategic Collocation Agreement (SCA) entered into in March 2021 and related agreements.
American Tower continues to pursue litigation against DISH regarding DISH's obligations under the SCA.
The filing was made under Item 8.01 (Other Events) to disclose this material update on the company's relationship with DISH.
American Tower redeems €250M of its 4.125% senior notes due 2027 on June 18, 2026.
The redemption price equals the principal amount plus a make-whole premium calculated per the indenture, plus accrued and unpaid interest up to but excluding the redemption date.
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On June 2, 2026, American Tower Corporation sent a notice of partial redemption for €250,000,000 of its outstanding €600,000,000 4.125% senior unsecured notes due 2027.
The redemption date is set for June 18, 2026.
After the redemption, €350,000,000 of the 4.125% notes will remain outstanding.
The notes are governed by the Base Indenture dated June 1, 2022, as supplemented by Supplemental Indenture No. 2 dated May 16, 2023, with U.S. Bank Trust Company as trustee and U.S. Bank Europe DAC, UK Branch as paying agent.
American Tower completes €750M offering of 4.000% senior notes due 2033
Net proceeds were approximately €742.7 million (about $866.7 million at the May 14, 2026 exchange rate).
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American Tower Corporation issued €750 million aggregate principal amount of 4.000% senior unsecured notes due September 1, 2033.
Proceeds will repay EUR drawings under its $6.0 billion revolving credit facility, repay €500 million of 1.950% notes due 2026, and fund general corporate purposes.
The notes were issued under the Base Indenture dated June 2, 2025, supplemented by Supplemental Indenture No. 2 dated May 27, 2026.
The notes are redeemable at the company's option, with a make-whole premium before July 1, 2033, and are subject to a change-of-control repurchase at 101% of principal.
1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits
American Tower stockholders approve 2026 Equity Incentive Plan and declare $1.79 quarterly distribution
Stockholders approved the 2026 Equity Incentive Plan, effective May 20, 2026, authorizing 12,000,000 new shares plus additional shares from prior plan forfeitures and remaining shares.
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All eleven director nominees were elected, including Steven O. Vondran, Kelly C. Chambliss, Teresa H. Clarke, Kenneth R. Frank, Rajesh Kalathur, Grace D. Lieblein, Craig Macnab, Neville R. Ray, Pamela D. A. Reeve, Eugene F. Reilly, and Bruce L. Tanner.
Advisory vote on executive compensation passed with 377,995,948 votes for and 24,171,637 against.
Ratification of Deloitte & Touche LLP as independent auditor for 2026 passed with 394,729,619 votes for.
Board declared a cash distribution of $1.79 per share, payable July 13, 2026 to stockholders of record on June 12, 2026.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 5.07 Submission of Matters to a Vote of Security Holders · 8.01 Other Events · 9.01 Financial Statements and Exhibits
American Tower prices €750M senior notes offering due 2033 at 4.000% interest
The 2033 notes carry a 4.000% annual interest rate and were issued at 99.663% of face value.
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American Tower Corporation priced a registered public offering of €750.0 million (approximately $875.2 million) senior unsecured notes due 2033.
Net proceeds are expected to be €742.7 million (approximately $866.7 million) after underwriting discounts and expenses.
Proceeds will repay existing indebtedness under its $6.0 billion revolving credit facility, including €500.0 million drawn to repay its 1.950% senior notes due 2026, and for general corporate purposes.
Joint book-running managers include J.P. Morgan Securities plc, BNP PARIBAS, Citigroup Global Markets Limited, Crédit Agricole Corporate and Investment Bank, Merrill Lynch International, and Mizuho International plc.
8.01 Other Events · 9.01 Financial Statements and Exhibits
American Tower amends credit facilities and term loan, extending maturities to 2029-2031
American Tower entered into three amendments on May 7, 2026 covering its $6.0B multicurrency credit facility, $4.0B credit facility, and $1.0B term loan.
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Maturity dates extended to May 1, 2029 (multicurrency facility and term loan) and May 1, 2031 (credit facility).
The multicurrency facility now allows borrowing up to $5.0B for certain acquisitions under limited conditionality provisions.
Swingline sublimits under the two revolving credit facilities increased from $50M to $100M each.
Lien covenant amended to permit liens securing debt up to 3.5x Senior Secured Debt to Adjusted EBITDA; debt incurrence covenant now restricts new debt to subsidiaries only.
1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement