American Tower (AMT) to Acquire Argentinean Urban Telecom Assets

November 9, 2016 4:35 PM EST

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American Tower (NYSE: AMT) disclosed the following today:

Item 7.01 Regulation FD Disclosure.

On November 9, 2016, American Tower Corporation (the “Company”) entered into an agreement to acquire a portfolio of urban telecommunications assets in Argentina, including wireless sites, equipment and fiber assets located on utility infrastructure as well as a number of indoor wireless sites. The Company expects to commence its business in Argentina with this transaction, which it anticipates will close during the fourth quarter of 2016, subject to customary closing conditions and regulatory approvals.

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