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American Tower history
American Tower company history timeline
The company was formed in 1995 as a unit of American Radio Systems.
During that year, however, the company entered into several other agreements that were consummated in 1997. For example, in May 1997 the company acquired 21 tower sites and a tower-site-management business operating in Georgia, North Carolina, and South Carolina and bought three other tower sites in Massachusetts.
During October 1997 ATS acquired Jamieson, Pennsylvania-based MicroNet, Inc., one of the leading providers of antennae sites in densely populated areas of the mid-Atlantic states. Thus, in a few years ATS defined a national base to conduct business in the evolving field of telecommunication technologies: at the end of fiscal 1997, the company operated more than 1,775 towers in 44 states and the District of Columbia.
1998: Establishing a National Footprint
In 1998, American Radio Systems merged with CBS Corporation and completed the corporate spin-off of American Tower.
During January 1999 ATC began what would prove to be a banner year.
In April 1999, ATC's Broadcast Tower Group contracted with Sinclair Broadcast Group, a leading owner of television and radio stations in the United States, to develop broadcasting towers for Sinclair's digital transmission needs in 11 markets.
As of 2000, ATC Teleports in New York also housed Pronto's switch at 60 Hudson Street in New York.
Next came the acquisition of 192 wireless communication towers from Triton PCS (part of AT & T Wireless Network) and also a contract to develop a minimum of 100 build-to-suit towers and to provide turnkey services for co-location sites through 2001.
In 2005, American Tower acquired SpectraSite Communications, expanding its global portfolio to over 22,000 owned communications sites including over 21,000 wireless towers, 400 broadcast towers and 100 in-building DAS (Distributed Antenna System) sites.
In 2013, the company acquired Global Tower Partners for $4.8 billion.
The Company also expands its presence to Argentina with the acquisition of a portfolio of urban telecommunications assets in the country.The National Association of Corporate Directors, New England Chapter, named our Board as the “2016 Public Company Board of the Year.”
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American Tower competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| KKR & Co. L.P. | 1976 | $21.9B | 1,600 | 36 |
| Realty Income | 1969 | $2.1B | 194 | 9 |
| Apollo Global Management | 1990 | $3.6B | 1,600 | 55 |
| CyrusOne | 2000 | $1.2B | 452 | 102 |
| Oaktree Capital Management | 1995 | $778.0M | 1,018 | 67 |
| AT&T | 1983 | $122.3B | 230,000 | 3,052 |
| Realogy | 2006 | $5.7B | 9,435 | - |
| Stewart Title | 1893 | $1.0B | 6,350 | 9 |
| Leonard Green & Partners, L.P. | 1989 | $35.0M | 66 | - |
| Crown Castle International | 1994 | $6.6B | 4,500 | 51 |
American Tower history FAQs
Zippia gives an in-depth look into the details of American Tower, including salaries, political affiliations, employee data, and more, in order to inform job seekers about American Tower. The employee data is based on information from people who have self-reported their past or current employments at American Tower. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by American Tower. The data presented on this page does not represent the view of American Tower and its employees or that of Zippia.
American Tower may also be known as or be related to American Tower, American Tower Corp and American Tower Corporation.