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American Tower quarterly revenues up 20% after takeover of Telxius towers

Thursday 29 July 2021 | 14:04 CET | News
American Tower Corp (ATC) saw its revenue jump 20 percent year-on-year in the second quarter to USD 2.3 billion following its takeover of over 27,000 sites from Telxius. Adjusted EBITDA rose 22 percent to USD 1.5 billion, and net income was up 67 percent to USD 748 million. ATC increased its full-year outlook to reflect the impact of the acquisition, including the last tranche of Telxius towers in Germany to be completed in August.

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Categories: Mobile & Wireless
Companies: American Tower / Telxius
Countries: World
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