American Tower Corp (FRA:A0T)

€ 185.92 0.66 (0.36%) Market Cap: 87.36 Bil Enterprise Value: 126.85 Bil PE Ratio: 85.51 PB Ratio: 25.90 GF Score: 81/100

American Tower Corp at Wells Fargo TMT Summit (Virtual) Transcript

Dec 01, 2021 / 01:40PM GMT

Release Date Price: €230.6 (-1.20%)

Transcript

Eric Thomas Luebchow

Wells Fargo Securities, LLC, Research Division - Associate Analyst

Good morning, everyone. Welcome to our second day of the Wells Fargo TMT Summit. I'm Eric Luebchow, Senior Analyst covering the communications infrastructure sector and really pleased this morning to be joined by Rod Smith, the CFO of American Tower. Rod, thanks for joining us.

Rodney M. Smith

American Tower Corporation - Executive VP, CFO & Treasurer

Yes. Good morning, Eric, it's good to be here. Good morning, everyone.

Questions & Answers

Eric Thomas Luebchow

Wells Fargo Securities, LLC, Research Division - Associate Analyst

So Rod, I wanted to jump into something that's obviously been really topical given the recent announcement, and that's your acquisition -- announced acquisition of CoreSite. We certainly heard your thoughts about the synergies with the metro and mobile edge. But perhaps you could share your general view on why data centers are an asset class you need to own versus partner with? And then why

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