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Wireless

ATC grows revenues 1% in Q2 to USD 1.2 billion

Thursday 30 July 2020 | 15:24 CET | News
American Tower Corp reported a small increase in second-quarter results, saying business remained solid despite the challenges brought on by the coronavirus crisis. Revenues rose 1.2 percent to USD 1.913 billion, and adjusted EBITDA increased 2.4 percent to USD 1.212 billion. The company slightly lowered the midpoint of its full-year guidance to reflect currency fluctuations, slightly lower deferred revenue in the US and an increase in bad debt, mainly in India. 

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Categories: Mobile & Wireless
Companies: American Tower / AT&T
Countries: World
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