American Tower (AMT) is a top player for 5G!
From ATM investor Presentation
American Tower is a leading independent owner and operator of telecommunications real estate and ~99% of our revenue is generated from leasing our properties, as well as fiber and other urban telecommunications assets in some of our international markets, to our tenants •
We provide the real estate necessary for today’s wireless communications networks
Summary
Basically, American Tower owns land and the tower which they rent to various service providers.
Since they already own the land and tower, adding more providers does not significantly add more cost but does add more profit.
American tower is well positioned to capitalize on the increased demand and the increased providers that 5G is sure to have
AMT will be profitable for the next decade.
Call to Action: Consider adding some 5G companies to your portfolio.
Hint: Search for “best 5G stocks to buy” for other thoughts and ideas.
Hint: Search for “Ticker Investor Relations” for other thoughts and ideas.
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