American Tower posted a Q4 profit of $201.3 million versus...
American Tower posted a Q4 profit of $201.3 million versus $83.5 million a year earlier. It expects 2012 revenue of $2.67 billion to $2.71 billion, the company said. For the full year 2011, net income was $392.7 million vs $372.9…
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million in 2010. Carriers’ LTE buildout would be positive for tower companies this year, UBS analysts said. The company continued to expand its footprint domestically and internationally, it said. It expects to close on about 750 communications sites in Colombia, about 500 sites in Mexico and 1,000 sites in Uganda during first half of the year, it said.