American Tower at TD Cowen summit: towers stay central as networks densify

American Tower Corp. (AMT) reaffirmed its commitment to tower infrastructure at the TD Cowen 12th Annual Communications Infrastructure Summit, stating that its U.S. tower business remains well-positioned despite competition from wireless carriers, satellite operators, and new network models. Executive Vice President and President of the U.S. tower division, Rich Rossi, emphasized the company's resilience, noting that organic growth continues despite a challenging backdrop.

Rossi highlighted the company's services business, which is facing a tough comparison to the best year in history, and noted that the recent Dish Network churn has been absorbed in the second quarter. The company sees continued demand for densification, rising data use, and new applications, with macro towers remaining central to wireless networks even as some traffic is handled through alternative systems.

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