American tower (NYSE:AmtGrowth expectations are still linked Silent carrier activitywith T-Mobile for us (Nasdak:TM) Colocations Command to meet the rules of the Federal Communications Committee (FCC) Verizon (NYSE:Vz) And AT & T (NYSE:R.) Follow -up network promotions that achieve gradual revenues only.
He chose Activity Collection, but American Tower faces pressure as Verizon launches a high -rental transmission program, targeting the largest owner of the tower before the end of the main rental contract.
RBC Capital Analyst Jonathan Attin reduced the American Tower shares classification from the superior performance to the sector and performance Lower price expectations From $ 260 to $ 220.
Atkin reported that the carrier activity through the three major American companies remained silent during the third quarter of 2025.
The analyst said that there were no meaningful changes that would change the current expectations of the site rental revenues.
He highlighted T-Mobile as the most active carrier, prompting feed and amendments to meet the construction requirements imposed by the Federal Communications Committee (FCC) by the first quarter of 2026.
Atkin pointed out that Verizon is still focusing on covering the medium range spectrum, while AT & T appears on the specified date, or a little forward, with updating its network, including an exchange of Nokia (NYSE:enough) Equipment for Ericsson (Nasdak:EricHave.
The analyst added that this initiative only provides gradual benefits for revenue for renting the tower.
According to the comment from the American Tower and SBA Communications (Nasdak:SBACHe said that the activity of the two lying down was taken in the third quarter.
Crown Prince Castle (NYSE:CCIMeanwhile, I reported a more stable mixture of adjustments and eye, with adjustments that exceed the mind in size.
ATKIN expects that fixed wireless arrival deployments will grow thick over time, which leads to more intensification of the network and cell divisions, which should raise the group’s revenues.
The analyst also indicated that Verizon recently launched a highly rental transmission program. Since the American Tower is the largest owner of the tower in Verizon and faces the expiration of the main rental agreement with Verizon within two years, ATKIN believes that the American Tower is the main goal of this initiative.
The analyst raised his financial estimates a little. It now offers American Tower revenue for 2025 and fair profits before benefits, taxes, destruction and consumption at 10.523 billion dollars and 7.066 billion dollars, respectively (compared to previous estimates of 10.508 billion dollars and 7.058 billion dollars).
For 2026, the revenue of $ 11.071 billion and $ 7.459 billion in EBITDA expects modestly higher than his previous outlook. Atkin AFFO per share is expected from $ 10.63 in 2025 and $ 11.65 in 2026 (higher than $ 10.57 and $ 11.35).
https://media.zenfs.com/en/Benzinga/99951cc28fc18b7fd2dcc44c792c3a64
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