AMERICAN TOWER CORP /MA/ (AMT)


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April 22, 2024


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About the Company

AT&T Inc. (with "AT&T" being an abbreviation for its former name, the American Telephone and Telegraph Company) is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's fourth-largest telecommunications company by revenue and the largest wireless carrier in the United States. As of 2023, AT&T was ranked 13th on the Fortune 500 rankings of the largest United States corporations, with revenues of $120.7 billion. During most of the 20th century, AT&T had a monopoly on phone service in the United States. The company began its history as the American District Telegraph Company, formed in St. Louis in 1878. After expanding services to Arkansas, Kansas, Oklahoma and Texas through a series of mergers, it became Southwestern Bell Telephone Company in 1920, which was then a subsidiary of American Telephone and Telegraph Company. The latter was a successor of the original Bell Telephone Company founded by Alexander Graham Bell in 1877. The American Bell Telephone Company formed the American Telephone and Telegraph Company (AT&T) subsidiary in 1885. In 1899, AT&T became the parent company after the American Bell Telephone Company sold its assets to its subsidiary. The company was rebranded as AT&T Corp. in 1994. The 1982 United States v. AT&T antitrust lawsuit resulted in the divestiture of AT&T's ("Ma Bell") local operating subsidiaries which were grouped into seven Regional Bell Operating Companies (RBOCs), commonly referred to as "Baby Bells", resulting in seven independent companies, including Southwestern Bell Corporation (SBC). The latter changed its name to SBC Communications Inc. in 1995. In 2005, SBC purchased its former parent AT&T Corp. and took on the latter's branding, history, and stock trading symbol, as well as a version of its iconic logo. The merged entity, naming itself AT&T Inc., launched on December 30, 2005. The newly merged and renamed AT&T Inc. acquired BellSouth Corporation in 2006, the last independent Baby Bell company, making BellSouth and SBC (AT&T Inc.)'s formerly joint venture Cingular Wireless (which had itself acquired AT&T Wireless in 2004) a wholly owned subsidiary of AT&T Inc. Cingular was then rebranded as AT&T Mobility. AT&T Inc. also acquired Time Warner in 2016, with the proposed merger confirmed on June 12, 2018 and the aim of making AT&T Inc. the largest and controlling shareholder of Time Warner, which it then rebranded as WarnerMedia in 2018. The company later withdrew its equity stake in WarnerMedia in 2022 and merged it with Discovery, Inc. to create Warner Bros. Discovery, divesting itself of its media arm. The current AT&T reconstitutes most of the former Bell System, and includes four of the seven "Baby Bells" along with the original AT&T Corp., including the long-distance division.

Exchange

NYSE

$11B

Total Revenue

5K

Employees

$81B

Market Capitalization

49.85

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $AMT News

AMERICAN TOWER CORP /MA/'s Net Worth

1mon ago, source: Benzinga.com

Who is AMERICAN TOWER CORP /MA/? AMERICAN TOWER CORP /MA/ does not have any significant net worth to report based on the numbers we have. This is based on reported shares in AST SpaceMobile, Inc..

American Tower Corporation

2mon ago, source: CNN

American Tower Corp. provides real estate investment services ... The company was founded in 1995 and is headquartered in Boston, MA.

American Tower Corp AMT

8d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

American Tower reduces dividend by 4.7% to $1.62

on MSN ago, source:

See AMT Dividend Scorecard, Yield Chart, & Dividend Growth. American Tower Corporation (AMT) Deutsche Bank's 32 Annual Media, ...

American Tower Corp's Dividend Analysis

14d ago, source: Yahoo Finance

American Tower Corp (NYSE:AMT) recently announced a dividend of $1.62 per share, payable on 2024-04-26, with the ex-dividend date set for 2024-04-11. As investors look forward to this upcoming ...

Decoding American Tower Corp (AMT): A Strategic SWOT Insight

1mon ago, source: Yahoo Finance

Strengths highlight American Tower Corp's expansive global footprint and robust tenant base. Weaknesses point to potential market saturation and dependency on a concentrated customer base.

American Tower Corporation (AMT)

4d ago, source: Yahoo Finance

The decline put it on pace for its worst day since June 2022. American Tower Corp (NYSE:AMT) recently announced a dividend of $1.62 per share, payable on 2024-04-26, with the ex-dividend date set ...

American Tower Corp AMT

2d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

American Tower Corp's Dividend Analysis

14d ago, source: Yahoo Finance

American Tower Corp (NYSE:AMT) recently announced a dividend of $1.62 per share, payable on 2024-04-26, with the ex-dividend date set for 2024-04-11. As investors look forward to this upcoming payment ...

American Tower Corp.

9d ago, source: U.S. News & World Report

What Is a Stock Market Correction? Investors may be shaken by a drop of 10% or more in a stock market index, but corrections are par for the course.

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