Form 10-Q · Quarterly report
American Tower 10-Q, filed Oct 27, 2026
- Filed
- CIK
- 0001053507
- Accession no.
- 0001053507-26-000157
Summary
As of September 30, 2026, American Tower owned 130,787 communications towers and operated 15,735 more, plus 30 U.S. data centers, and said it expects to complete the sale of its Canadian operations in the fourth quarter of 2026 after closing sales of its Philippines subsidiary and its controlling interest in Bangladesh's KTBL in June 2026. American Tower is arbitrating a tower-rent dispute with AT&T Mexico, which it says withheld rent since early 2025, and is pursuing claims against DISH and EchoStar over the terminated Strategic Collocation Agreement after DISH filed for chapter 11 bankruptcy on June 30, 2026.
Key points
- Portfolio as of September 30, 2026 included 130,787 owned towers, 15,735 operated towers and 847 owned DAS sites, along with 30 operating U.S. data centers totaling about 3.9 million net rentable square feet.
- Churn was about 5% of tenant billings for the nine months ended September 30, 2026, driven primarily by DISH, which represented roughly 2% of total 2025 property revenue.
- American Tower terminated its Strategic Collocation Agreement with DISH effective June 2, 2026, added EchoStar to its Colorado federal complaint, and recorded $17.5 million of DISH-related impairment charges in the nine months ended September 30, 2026.
- The AT&T Mexico arbitration hearing began in August 2026, with a final ruling expected in 2027; American Tower recorded about $30 million of reserves in 2025 and about $30 million more in the nine months ended September 30, 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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