Form 10-Q · Quarterly report
American Tower 10-Q, filed Jul 28, 2026
- Filed
- CIK
- 0001053507
- Accession no.
- 0001053507-26-000133
Summary
American Tower reported that as of June 30, 2026 it owned or operated 130,509 communications towers and 851 DAS sites, and held 30 operating data centers across 11 U.S. markets, while completing the sales of its Philippines subsidiary and its controlling interest in Kirtonkhola Tower Bangladesh Limited. The company said it is in arbitration with AT&T Mexico over lease calculations and has terminated agreements and sought damages from DISH Network, which filed for Chapter 11 bankruptcy on June 30, 2026.
Key points
- American Tower expected nearly $50 billion of non-cancellable customer lease revenue over future periods based on existing leases and foreign exchange rates as of June 30, 2026.
- Churn was approximately 5% of tenant billings for the six months ended June 30, 2026, primarily driven by DISH Wireless.
- American Tower recorded $17.5 million of impairment charges related to DISH during the six months ended June 30, 2026.
- AT&T Mexico, representing approximately $300 million of tenant revenue in 2025, had been withholding tower rents since the start of 2025; an arbitration hearing is scheduled for August 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION Overview We are one of the largest global real estate investment trusts and a leading independent owner, operator and developer of multitenant communications real estate. Our primary business is the leasing of space on communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. In addition to the communications sites in our portfolio, we manage rooftop and tower sites for property owners under various contractual arrangements. …
An excerpt of the text as filed with the SEC, cut for length.
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