Long-term company sentiment over time: American Tower Corporation of the Standard & Poor's 500 Index
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Description of American Tower Corporation
American Tower Corporation is a real estate investment trust (REIT) that owns, operates, and develops telecommunications and broadcast infrastructure globally. Their main activities involve leasing space on their towers to wireless service providers, radio and television broadcasters, government agencies, and other communication tenants. American Tower predominantly focuses on providing shared infrastructure solutions that enable seamless connectivity for wireless communications, such as 4G and 5G networks. They support the expansion of communication networks by offering a range of tower-related services, including site development, site acquisition, zoning approvals, and maintenance. Additionally, the company acquires existing tower assets and actively builds new towers to meet the growing demand for wireless communication services worldwide.
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