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Demand and Pricing Expected to Boost American Tower’s Q2 Revenue

Demand and Pricing Expected to Boost American Tower’s Q2 Revenue

American Tower’s (AMT) top line has grown. In the second quarter, analysts expect the company’s revenue to grow 6% YoY (year-over-year) to $1.76 billion, boosted by its global expansion strategies and 5G (fifth-generation) network deployment in the United States. However, industry consolidation in domestic and global markets may result in a higher churn rate, possibly offsetting the growth.