American Tower and PowerX Announce Strategic Partnership to Drive Sustainability in the African Telecommunications Industry Through Innovative AI Solutions - Seite 2

About American Tower

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 223,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit the “Earnings Materials” and “Investor Presentations” section of our investor relations website at www.americantower.com.

American Tower in Africa

We established our presence in Africa in 2011 and today operate more than 23,000 sites across Burkina Faso, Ghana, Kenya, Niger, Nigeria, South Africa and Uganda. Our customers include the region’s leading Mobile Network Operators (MNOs). Access to broadband services has helped unlock an array of new opportunities and services that are enhancing the livelihoods of Africans, spurring Africa’s economic growth, and advancing the 2030 Sustainable Development Agenda for the continent.

Cautionary Language Regarding Forward-Looking Statements

This press release contains “forward-looking statements” concerning American Tower’s goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts. Forward-looking statements can generally be identified by the use of words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “potential,” “seek,” “should,” “think,” “will,” “would” and similar expressions, or they may use future dates. Actual results may differ materially from those indicated in American Tower’s forward-looking statements as a result of various factors, including those factors set forth in Item 1A of its Form 10-K for the year ended December 31, 2021, as updated in American Tower’s Form 10-Q for the nine months ended September 30, 2022, each under the caption “Risk Factors.” American Tower undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.

PowerX Technology, a UK-based company, is redefining tower performance with artificial intelligence. It is the first solution dedicated to the tower industry to put data intelligence at the heart of tower management decisions, facilitating resilient and sustainable mobile connectivity growth. With PowerX, tower operators can monitor, control and apply continuous site-level efficiencies at scale for thousands of towers across entire networks. PowerX’s solutions help Tower Companies and Mobile Operators around the world harness data intelligence to build infrastructure resilience, optimise tower operations and maintenance, reduce site inefficiencies, diesel consumption and greenhouse gas (GHG) emissions. Find out more: www.powerx.ai

View source version on businesswire.com: https://www.businesswire.com/news/home/20221106005088/en/

The American Tower Stock at the time of publication of the news with a fall of -0,94 % to 204,6EUR on Tradegate stock exchange (04. November 2022, 22:26 Uhr).