- American Tower is positioning itself to be a massive tollbooth operator for the world's communication infrastructure.
- The current valuation is reasonable given American Tower's total addressable market and international scale.
- If the last decade is any indication, shareholders can expect continued acquisitions to enter new markets and grow its international scale.
- The recent CoreSite acquisition shows that American Tower has designs on becoming an International Cell Tower and Data Center hybrid REIT.
- I wrap up with a hypothetical question: Will there ever be a $1 Trillion market cap REIT?
For further details see:
American Tower: Collect Quarterly Raises From The Largest REIT In The World