American Tower: 3 Key Takeaways for Long-Term Investors
Key PointsData center revenue growth outlook increased to 16% for 2026.
Three key takeaways were announced by American Tower during its third-quarter 2026 earnings call. Management highlighted stronger property revenue and adjusted funds from operations (AFFO) per share expectations, as well as an optimistic outlook for data center growth, which is expanding faster than expected and driving returns on new build-outs.
The company also revealed plans to sell its Canadian tower operations for around $2 billion, which will be used for share repurchases, debt reduction, and higher-yielding domestic infrastructure investments.
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