BRIEFINGS · Data centers and physical infrastructure
American Tower raises its 2026 outlook on record leasing at its CoreSite data centers
American Tower reported second-quarter revenue of $2,749 million on 28 July, cited record CoreSite leasing and raised its outlook for the second time this year.
On 28 July 2026 American Tower reported second-quarter total revenue up 4.7% to $2,749 million and said it raised its full-year outlook for the second time this year. Its chief executive cited record leasing activity at CoreSite, its data center business, and said AI-driven applications are rapidly scaling and the company is positioned at the intersection of wireless, cloud, and AI. The outlook table shows Data Centers segment property revenue of $1,200 million to $1,220 million for 2026, which the release shows as midpoint growth of 14.9%. We file this because it is a company-reported result with hard figures and its chief executive names AI in the outlook comments. How we read it: a tower company says its data center arm is its fast-growing part, and its chief executive says AI-driven applications are rapidly scaling, though the release gives other reasons for the outlook raise. What would change this: weaker CoreSite leasing or a lower outlook. Why it matters to you: it shows AI demand reaching data center space owned by a telecom infrastructure company.
What this doesn't prove
Company-reported figures and outlook. The outlook is a forecast. The data center segment is a small part of total revenue. The release gives foreign currency effects, stronger Data Center results and one-time expense benefits as the reasons for raising the outlook. Its AI sentence is a general market comment. The release gives no megawatt or dollar amount for the record CoreSite leasing.
Next fixture
- Third-quarter results
- CoreSite leasing and capacity delivery
Sources
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