COMPANIES · DATA CENTERS

American Tower

American Tower owns and leases space on about 150,000 communications sites (mostly cell towers) across the Americas, Europe, Africa and Asia-Pacific, renting it to wireless carriers. It also runs 30 data center facilities in eleven U.S. markets.

AI-adjacentData centers
What it does

American Tower owns and leases space on about 150,000 communications sites (mostly cell towers) across the Americas, Europe, Africa and Asia-Pacific, renting it to wireless carriers. It also runs 30 data center facilities in eleven U.S. markets.

Why it matters

AI is not its primary economic driver: most of its revenue comes from leasing tower space for mobile networks, with data centers about 10% of 2025 revenue. Its annual report notes AI workloads may need more power and cooling than existing facilities were designed for.

How it makes money

Collects long-term lease payments from wireless carriers and other tenants for antenna space on its towers, plus colocation, power and interconnection fees from data center customers.

Geography

United States (Boston, Massachusetts)

AI stack position

Data centers and physical infrastructure. The buildings, land, cooling systems, backup power and electrical equipment that physically house AI computing. Every AI model has to run somewhere — these companies build and operate the real-world facilities that make that possible.

Same-layer peers

Same-layer peers share an editorial stack classification; that alone does not establish direct competition.

Connections (1)

Every connection below is tied to a readable source, date, classification and statement of its limits. A company source establishes what that company stated; it does not necessarily provide independent confirmation.

Current relationships (1)

American Tower is an equityholder in AST SpaceMobile
Invested inCurrent
AST SpaceMobile's annual report for 2025 lists American Tower (through ATC TRS II LLC) among its 'AST Equityholders' and among companies it has developed relationships with.

Source: 2026-03-02 · reviewed 2026-09-26

Evidence: Primary-source statement · Reported operating

Limits: Establishes an equity holding as described by AST SpaceMobile; does not establish the size of the stake, its current value, or any commercial tower-leasing arrangement between the companies.

AST SpaceMobile, Inc. Form 10-K for fiscal year 2025 ↗
Evidence for this profile

American Tower Corporation Form 10-K for fiscal year 2025 ↗
Reviewed

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Inclusion in this database is not an endorsement of a company or its securities. Nothing here is a recommendation to buy or sell anything, and none of it is individualized investment advice. See the disclosures. Data: AI Map v3.24, released .