American Tower to Assess Capital Spending for Sustainable Growth

2024-02-28

The company had announced during the meeting that they would be continuing to assess appropriate capital spending for the years 2025 and beyond. This assessment would be based on the best risk-adjusted rates of return globally. They had planned to evaluate opportunities within both the tower and data center businesses and allocate capital accordingly. The ultimate goal was to drive sustainable earnings growth and deliver attractive returns to shareholders.