The company said full-year 2023 total revenue rose 4.0% to $11,144 million, Adjusted EBITDA rose 6.7% to $7,087 million, and AFFO attributable to AMT common stockholders rose 2.1% to $4,612 million.

1. 01

   The company said full-year 2023 total revenue rose 4.0% to $11,144 million, Adjusted EBITDA rose 6.7% to $7,087 million, and AFFO attributable to AMT common stockholders rose 2.1% to $4,612 million.

2. 02

   American Tower said full-year 2023 net income fell 19.4% to $1,367 million. In its footnotes, it said impairment charges for the year totaled $604 million (2022: $656 million) and foreign currency losses of about $(331) million affected growth rates.

3. 03

   The company said full-year 2023 cash provided by operating activities rose 27.8% to $4,722 million, and Free Cash Flow rose 61.3% to $2,893 million. Its Net Leverage Ratio was 5.2x as of December 31, 2023.

4. 04

   American Tower said on January 4, 2024 that Data Infrastructure Trust agreed to acquire a 100% interest in ATC TIPL. Total consideration could be up to about 210 billion Indian Rupees (about $2.5 billion). The company said closing is expected in the second half of 2024.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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