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Wireless

American Tower revenue up 4.1% to USD 1.8 bln in Q1

Friday 3 May 2019 | 15:40 CET | News
American Tower saw its total revenue increase 4.1 percent to USD 1.813 billion in the first quarter. Property revenue increased 4.4 percent to USD 1.786 billion, the net profit rose 45.4 percent to USD 408 million, adjusted EBITDA grew 4.9 percent to USD 1,114 million, and consolidated adjusted funds from operations (AFFO) increased 6.7 percent to USD 861 million. Capex went to USD 231 million, of which USD 32 million was for non-discretionary capital improvements and corporate capital expenditures.

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