AMT Posts 0.35 Drop with 148th Ranked 600M Volume as 5G Expansion Drives 10.29B Revenue Guidance Upgrade

On August 28, 2025, American Tower Corporation (AMT) closed at $202.56, reflecting a 0.35% decline with a trading volume of $0.60 billion, ranking 148th in market activity. The stock’s recent performance follows a strategic update from the company during the TD Cowen Communications Infrastructure Summit. American Tower highlighted its focus on 5G expansion and long-term stability, emphasizing progress in inorganic growth across key markets. The firm also raised its full-year property revenue guidance to a maximum of $10.29 billion, supported by currency gains and robust Q2 results.

The company reported Q2 revenue of $2.63 billion, surpassing expectations, with adjusted funds from operations per share rising to $2.60 year-over-year. These figures underscore American Tower’s position as a critical player in global telecommunications infrastructure, particularly in enabling 5G small cell networks. The update aligns with its role as a real estate investment trust (REIT) managing over 221,000 properties, reinforcing its relevance in the evolving connectivity landscape.

A separate development noted David Sharbutt’s departure from American Tower’s board after 17 years of service. Sharbutt, who contributed to the company’s growth into the world’s largest REIT, joined BitMine’s board, a move linked to digital infrastructure strategies. While this transition does not directly impact AMT’s operations, it highlights the broader industry trend of cross-sector expertise in infrastructure and technology.

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