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For full 2026, American Tower stated it anticipated its property revenues to achieve $10.58-10.73 billion
In sum – what to know:
AI momentum – Rising AI workloads and cloud adoption are reinforcing long-term demand for digital infrastructure and supporting the corporate’s upgraded outlook.
Visitors progress – Cell knowledge utilization is predicted to double in key markets, driving continued funding in community capability and tower infrastructure.
Information middle enlargement – Robust interconnection and AI-driven demand are accelerating progress at CoreSite, strengthening its function inside the firm’s portfolio.
American Tower Company has raised its full-year outlook, pointing to sustained progress in cell knowledge, cloud adoption, and AI-driven workloads as key drivers of long-term demand for digital infrastructure.
“Our efficiency by the early a part of the 12 months, mixed with favorable FX and straight line dynamics, led us to lift our full 12 months outlook. The expansion drivers shaping our business proceed to strengthen. Rising wi-fi knowledge consumption, accelerating cloud adoption, quickly increasing AI-driven workloads, and future generational know-how shifts, all level in direction of sustained funding and high-quality digital infrastructure. These developments are world, structural, and lengthy period in nature, and so they play on to American Tower’s core strengths,” Steve Vondran, American Tower’s chief government officer, informed a convention name with buyers.
For full 2026, the corporate stated it anticipated its property revenues to achieve $10.58-10.73 billion. American Tower Company additionally expects its web income for the 12 months to be within the vary of $3.01-3.09 billion.
The corporate sees continued enlargement in cell knowledge utilization as a central issue underpinning community funding. “Cell knowledge consumption is rising at a fast tempo, supported by rising smartphone penetration, continued 5G adoption, fastened wi-fi entry, and increasing enterprise use circumstances. Within the U.S., business analysts mission that cell knowledge visitors will double over the following 5 years, requiring a commensurate improve in community capability. Notably, these projections don’t totally seize the potential incremental upside from the transition to 6G or AI-enabled functions. Whereas nonetheless early, the engineering rules guiding 6G level towards denser networks, extra distributed compute and materially increased throughput necessities, every of which ought to translate into elevated exercise throughout our tower portfolio. On the identical time, AI funding is exploding,” the chief stated.
Throughout worldwide markets, the corporate expects visitors progress to additional assist infrastructure demand. “In our European markets, cell knowledge visitors is predicted to greater than double by the top of the last decade, which is predicted to drive vital modification and colocation exercise. In rising markets, cell knowledge visitors is predicted to just about triple by the top of the last decade, offering a protracted runway for progress as these much less mature markets develop. Over the long run, we proceed to count on our worldwide markets, and our rising markets specifically, to develop quicker than the U.S.” Vondran stated.
American Tower additionally highlighted rising demand inside its knowledge middle enterprise, significantly linked to AI and interconnection.
“Demand is scaling quickly on prime of an already sturdy basis, with sustained progress in hybrid and multi-cloud deployments and even sharper ramp in AI-driven workloads, together with inferencing. Importantly, this quarter marked a transparent inflection in interconnection exercise, enhancing each the profitability of the platform and the long-term sturdiness of buyer relationships,” he stated.
The corporate stated it stays centered on increasing CoreSite as a part of its long-term technique. “After greater than 4 years main CoreSite, my conviction on the platform is stronger than ever. The enterprise has meaningfully exceeded our expectations, and we’re more and more captivated with accelerating CoreSite’s enlargement as a core driver of long-term worth inside our portfolio,” the chief added. American Tower accomplished its acquisition of CoreSite Realty Company on December 28, 2021, for about $10.1 billion.
American Tower ended the primary quarter of 2026 with a portfolio of roughly 150,000 communications websites. The corporate reported general revenues of $2.73 billion for the primary quarter of 2026, surging 6.8% year-on-year. American Tower’s income for the interval amounted to $879 million, up 76.2% in comparison with the primary quarter of 2025.
Throughout the first quarter of 2026, complete capital expenditures have been roughly $460 million.