Business Services Industry
American Tower Corporation Completes Sale of Construction Services Unit
Business Wire, Nov 30, 2004
BOSTON -- American Tower Corporation (NYSE: AMT) announced today that it has closed the sale of its tower construction services unit on terms previously disclosed.
American Tower is the leading independent owner, operator and developer of broadcast and wireless communications sites in North America. American Tower operates approximately 15,000 sites in the United States, Mexico, and Brazil, including approximately 300 broadcast tower sites. For more information about American Tower Corporation, please visit our website www.americantower.com.
This press release contains "forward-looking statements" concerning the Company's expectations regarding the sale of its tower construction services unit. These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include uncertainties regarding the timing and terms of the sale of the Company's tower construction services unit. More information about potential risk factors that could affect the Company's results is included in the Company's filings with the Securities and Exchange Commission.
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