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Taking Advantage Of An Investment In American Tower
Posted October 14, 2011
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By Mike Phillips
American Tower (AMT) is in the communications business. The company owns and operates 38,000 communication sites in the U.S., Brazil, Chile, Colombian, Ghana, India, Mexico, Peru and South America. The company leases these sites out to communication companies like Verizon (VZ), AT&T (T), Sprint (S) and T-Mobile.
American Tower takes advantage of being able to host communication equipment from multiple companies in order to efficiently and economically provide its product to its customers. Its much cheaper for American Tower to host communication equipment from multiple vendors than it is for a single communication company (e.g. Verizon) to purchase a site and host its equipment on the site. American Tower's strategy not only reduces the cost, but also reduces the number of communication towers required to service an area, as the various communication companies' equipment can all share the same site. READ FULL ARTICLE HERE
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