American Tower Corporation (NYSE:AMT) Q3 2022 Earnings Conference Call October 27, 2022 8:30 AM ET Company Participants Adam Smith - Senior Vice President of Investor Relations Tom Bartlett - President & Chief Executive Officer Rod Smith - Executive Vice President, Chief Financial Officer & Treasurer Conference Call Participants Simon Flannery - Morgan Stanley David Barden - Bank of America Greg Williams - Cowen Batya Levi - UBS Michael Rollins - Citi Ric Prentiss - Raymond James Matt Niknam - Deutsche Bank ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One): ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the quarterly period ended September 30, 2022. ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Commission File Number: 001-14195 AMERICAN TOWER CORPORATION Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the ...

American Tower Corp (NYSE:AMT) Bank of America Global Real Estate Conference September 14, 2022 3:40 PM ET Company Participants Adam Smith - SVP, IR Conference Call Participants David Barden - Bank of America Merrill Lynch David Barden Thank you, everybody, for coming and joining us again for Round 2 on the comm infrastructure circuit. My name is Dave Barden. I'm based here in New York. I head up our comm infrastructure research, which kind of entails fiber, data centers, towers, and I've got my team, Alex ...

American Tower Corporation (NYSE:AMT) 2022 Goldman Sachs Communacopia + Technology Conference Call September 13, 2022 1:45 PM ET Company Participants Rod Smith - Executive Vice President, Chief Financial Officer & Treasurer Conference Call Participants Brett Feldman - Goldman Sachs Brett Feldman Welcome everyone. It is my pleasure to welcome to our Communacopia + Technology Conference. Rod Smith, the CFO and Treasurer of American Tower. Rod, thank you so much for being here. Rod Smith Yes, you're welcome. I ...

American Tower Corporation. (NYSE:AMT) Q2 2022 Earnings Conference Call July 28, 2022 8:30 AM ET Company Participants Adam Smith - VP of IR Tom Bartlett - President and CEO Rod Smith - EVP & CFO Conference Call Participants Michael Rollins - Citi Simon Flannery - Morgan Stanley Eric Luebchow - Wells Fargo Ric Prentiss - Raymond James David Barton - Bank of America Matthew Niknam - Deutsche Bank Batya Levi - UBS Operator Ladies and gentlemen, thank you for standing by. Welcome to the American Tower Second Qu ...

American Tower Corporation (NYSE:AMT) Nareit's REITweek: 2022 Investor Conference Call June 8, 2022 1:15 PM ET Company Participants Rod Smith - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Brent Penter - Raymond James, Inc. Brent Penter All right. I think we are good to get started. Thanks, everyone, for being here. I'm Brent Penter with Raymond James Telecom Research. My colleague, Ric Prentiss couldn't be here today because he had his first grandchild about ...

Summary of American Tower Corporation Conference Call Company Overview - **Company**: American Tower Corporation (NYSE: AMT) - **Event**: 2022 RBC Capital Markets Global Communications Infrastructure Conference - **Date**: May 24, 2022 Key Industry Insights Power Management and Sustainability - American Tower operates in various emerging markets, providing power management solutions, particularly in regions with inadequate grid infrastructure like Africa and India [4][5] - The company has transitioned from diesel generators to more sustainable energy solutions, with 60% to 70% of sites in Africa now powered by lithium-ion batteries [6][7] - Investment in solar and wind solutions has reduced diesel reliance by 40% to 50% over the past three to four years [7] Market Dynamics and Growth Opportunities - The company is experiencing different technology cycles across regions: Africa and India are lagging, while Latin America is in a transitional phase, and Europe is advancing with 5G deployment [9][10] - Post-COVID, there is a resurgence in investment in the wireless industry, driven by both MNOs and government initiatives [9] - 5G auctions are occurring in Brazil and Chile, with significant investments expected in the coming years [10][13] Regional Focus - In Brazil, American Tower has 24,000 towers and anticipates growth driven by 5G deployment and MNO consolidation [12][13] - The company is optimistic about growth in Nigeria and Brazil, citing favorable macroeconomic conditions due to high oil prices [43] Adjacent Opportunities - American Tower has invested $10 billion in the U.S. through the acquisition of CoreSite, indicating a strategic move into fiber and data center operations [15] - The company sees potential in third-party players to help deploy fiber networks in fragmented markets, although it acknowledges the challenges involved [16][17] Supply Chain and Construction Targets - The company has not faced major supply chain disruptions and is managing operational excellence to meet construction targets of 6,000 to 7,000 new sites in Africa and India for the year [19][20] - The focus remains on building new sites to meet demand from major MNOs [20] M&A Activity and Market Position - American Tower has been active in M&A, particularly in Brazil and Germany, where it has expanded its tower portfolio significantly [12][22] - The company is cautious about the sustainability of high multiples in the current market environment due to rising interest rates [32] Future Growth Drivers - Key growth drivers include the execution of Telxius assets in Europe, BTS programs in India and Africa, and local innovation to support MNOs [48][50] - The company is committed to sustainable solutions in power management, aligning with ESG agendas [50] Additional Considerations - The company is exploring indoor DAS opportunities but remains cautious about capital allocation in this area until a proven business model emerges [27][28] - American Tower is monitoring the competitive landscape in Europe and Latin America, particularly regarding potential carve-outs by other operators [35][38] This summary encapsulates the critical insights and strategic directions discussed during the conference call, highlighting American Tower's focus on sustainability, market dynamics, and growth opportunities across various regions.