American Tower Corporation: International Expansion Amid Growing Mobile Data Demand But Is It Enough?

American Tower Corporation’s recent financial performance displays a solid operational trajectory with balanced outcomes. During the third quarter of 2025, the company reported significant profitability and revenue growth, with noteworthy highlights across its core segments – tower leasing and data centers. The quarter showcased a robust 8% increase in total revenue, driven by consistent organic growth in the midsingle digits and a strong contribution from U.S. services and CoreSite, their data center segment. The surge in revenue enabled American Tower to achieve an adjusted EBITDA growth of 8%, supported by an expansion of 20 basis points in cash margins. The company’s attributable AFFO per share, adjusted, rose 10%, bolstered by these strong operational results and astute management of financial costs.