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 Cowen Communications Infrastructure Summit (Virtual) Transcript

Aug 09, 2022 / 05:10PM GMT
Release Date Price: €266.6 (+0.08%)
Gregory Bradford Williams
Cowen and Company, LLC, Research Division - Director

Good morning. My name is Greg Williams. I cover telco and comm infra here at Cowen. Joined for this session by Steve Vondran, the EVP and President of the U.S. Tower Division for American Towers. Steve, thank you for joining.

Steven O. Vondran
American Tower Corporation - Executive VP & President of US Tower Division

Thanks. Glad to be here.

Questions & Answers

Gregory Bradford Williams
Cowen and Company, LLC, Research Division - Director

Great. I want to start with demand in the U.S. and organic growth. On your earnings call, American reiterated U.S. guidance and expects the second half and a 2023 acceleration in U.S. gross bookings. Just help us understand this confidence. Is it primarily the MLA mechanics? Is it an actual increase in carrier activity? Or is it both?

Steven O. Vondran
American Tower Corporation - Executive VP & President of US Tower Division

Sure. So we

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