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American Tower raises FY guidance after Q2 revenue climbs 6.1%

Wednesday 31 July 2019 | 14:03 CET | News
American Tower has raised its full-year guidance after reporting upturns in revenue, tenant billings, AFFO and profits for the second quarter. Revenue increased by 6.1 percent year on year to USD 1.89 billion, with property revenue up 5.7 percent to USD 1.85 billion. Consolidated adjusted funds from operations (AFFO) increased 7.8 percent to USD 910 million and organic tenant billings growth was USD 49 million or 3.4 percent.

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