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.