American Tower Corp rStock

American Tower operates a communications infrastructure business structured as a real estate investment trust (REIT). Core assets are tens of thousands of wireless communication broadcast towers and related antenna support structures distributed globally. The company does not involve itself in the operation of communication signals; instead, it enters into long-term leases to rent the vertical space of physical tower sites, along with their associated backup power and ground facilities, to major mobile network operators and broadband service providers, thereby collecting stable and predictable property rents.