MAAT INDEX

CLAIM #6664 · American Tower Corp (AMT) · 2023Q1 earnings call · Apr 26, 2023 · due Dec 31, 2024

I wouldn’t be surprised if that number is a little bit lower next year.

Rod Smith · CFO

PENDING
graded after results covering Dec 31, 2024 are reported

In context

ear there the way things work. So -- but you will see it drift down a little bit, and that is kind of a function of the timing of the MLAs and the use right fees. I don’t want to get into too much detail about the contracts and the way the contracts work. But you can have timing differences here where you have use right fees that step up in a certain quarter. They’re mostly front-end loaded. And then you also have the ability to get additional revenue over and above that, which can be more variable kind of throughout the quarter. I would say that that -- the $220 million that we’re seeing this year, there is kind of a function there with the MLAs and kind of some of the transition period that we had kind of moving in and out of different MLAs, that does help support that number a bit. So, I wouldn’t be surprised if that number is a little bit lower next year. But with that said, we’re still seeing kind of the acceleration of that revenue kind of as we enter the beginning of this year. And again, it will taper off on a quarterly basis. But we’ll hit the $220 million for the full year. That again is up almost 50% from the $150 million that we that we hit last year. And we continue to feel really good about everything that we see and work on in terms of the U.S. business being in a strong position to achieve 5% organic tenant billings growth on average out over the time period through 2027. Operator: And we have time for one more question. That will come from the line of Eric Luebchow of Wells Fargo. Eric Luebchow: Maybe just quickly touching on the data center business, obviously, continuing to perform well. Maybe you could talk about the accele

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SEC filings for AMT · Claim quote is verbatim from the 2023Q1 earnings call.