{"id":1494,"date":"2024-02-29T01:35:19","date_gmt":"2024-02-29T01:35:19","guid":{"rendered":"https:\/\/infrastructurebrief.com\/?p=1494"},"modified":"2024-03-02T01:40:59","modified_gmt":"2024-03-02T01:40:59","slug":"american-tower-stumbles-in-latin-america","status":"publish","type":"post","link":"https:\/\/infrastructurebrief.com\/american-tower-stumbles-in-latin-america\/","title":{"rendered":"American Tower Stumbles in Latin America"},"content":{"rendered":"\n
American Tower Corporation (ATC), the biggest wireless tower player in Latin America, fell short of its deployment target for the region in 2023. The Massachusetts-based towerco had planned to deploy around 300 towers in Latin America, out of a total of 4,000 worldwide. However, ATC ended the year with only 210 towers built in the region, according to its latest operations and financial report.<\/p>\n\n\n\n
Despite this setback, the company reported 1.9% year-on-year LatAm property revenue growth in Q4 to US$435mn, and 6.3% in the full year to US$1.80bn. The region is ATC\u2019s second biggest revenue-generating geography after the US & Canada. The expected churn for this year relates mainly to contract cancellations and lease renegotiations following telco consolidations in Latin America, notably the acquisition of Oi\u2019s mobile business.<\/p>\n\n\n\n
In addition to the companies previously mentioned, Brazil’s information and communication technology (ICT) industry is home to several other notable players. These companies include:<\/p>\n\n\n\n
These companies, along with the ones previously mentioned, play a significant role in Brazil’s ICT industry and contribute to the country’s overall economic growth. With the increasing demand for digital services and technologies, these companies are expected to continue expanding their operations and investing in new technologies to meet the needs of their customers.<\/p>\n","protected":false},"excerpt":{"rendered":"
American Tower Corporation (ATC), the biggest wireless tower player in Latin America, fell short of its deployment target for the region in 2023. The Massachusetts-based towerco had planned to deploy around 300 towers in Latin America, out of a total of 4,000 worldwide. However, ATC ended the year with only 210 towers built in the […]<\/p>\n","protected":false},"author":11,"featured_media":1497,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[34],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\n