American Tower

History

2021

Purchase of data center owner CoreSite

On November 15, 2021, American Tower announced the acquisition of CoreSite for $10.1 billion. The perimeter of the transaction included cloud transitions, gateway connections and 25 data-processing centers (DPC) to the USA. American Tower expects the CoreSite deal to close before the end of 2021. More details here.

Sale of 30% of telecom company ATC Europe

On May 5, 2021, American Tower, the leading telecommunications infrastructure in the United States, announced the sale of 30% to its European company ATC Europe. The asset buyer was the investment group Caisse de dépôt et placement du Québec (CDPQ). As part of the transaction, she will pay 1.6 billion euros. Thus, the entire European business of American Tower is valued at more than 8.8 billion euros, according to a press release. More details here.

Telxius Telecommunications Tower Business Purchase

In mid-January 2021, the telecommunications company Telefonica SA signed an agreement with the largest operator of cell towers in the United States, American Tower Corporation (ATC), to sell its telecommunications tower business in Europe and Latin America to Telxius. The deal is estimated at 7.7 billion euros. More details here.

2020: Purchase of mobile tower operator InSite Wireless Group

In early November 2020, it became known that American Tower is buying InSite Wireless Group. The deal is estimated at $3.5 billion, taking into account the debt of the company being sold. More details here.