American Tower is one of the largest global real estate investment trusts, primarily leasing space on communications sites—including owned and operated towers, distributed antenna system networks, and data center facilities—to wireless service providers, broadcast companies, government agencies, and enterprises. As of December 31, 2025, the company held 149,686 communications sites across the U.S. and Canada, Africa and APAC, Europe, and Latin America, along with 30 operating data center facilities in the United States.
American Tower operates as a REIT, with property operations accounting for 97% of total revenues. The portfolio was built through acquisitions, long-term lease arrangements, and site development. The company also provides tower-related services in the United States—including zoning, structural analysis, and construction management—primarily in support of its leasing business.
Property USAnd Canada 52% · Property Latin America 15% · Property Africa APAC 13% · Property Data Centers 10% · …
business segments · FY2025 (ended Dec 2025) · share of tagged segment revenue (10-K XBRL, as filed)
