American Tower Corp

AMT: XNYS (USA)
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American Tower Earnings: Solid Results Overall; We Aren't Concerned With the EchoStar Disclosure

American Tower revenue increased 7.7% during the third quarter, or 6.1% excluding currency moves. US tower segment growth remains muted, with the last of the Sprint churn working through. Management disclosed that EchoStar has disputed its obligation to pay future rents following its spectrum sale.

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