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Stock Market & Financial Investment News

News Breaks
December 18, 2012
17:02 EDTCLWR, S, AMTAmerican Tower releases information regarding Sprint takeover of Clearwire
American Tower (AMT) released information about its business in light of Sprint's (S) contemplated acquisition of 100% ownership of Clearwire (CLWR), which is subject to regulatory approval. For the quarter ended September 30, Sprint and Clearwire accounted for approximately 15% and 3%, respectively, of American Tower's consolidated operating revenues. American Tower currently has separate leases for antenna space with Sprint and Clearwire on the same site at approximately 1,800 communications sites owned or operated by American Tower. The revenue generated from Clearwire on these sites represented approximately 1% of American Tower's consolidated operating revenues for the quarter ended September 30. The average remaining current term on the long-term lease arrangements on these sites with Sprint and Clearwire is approximately nine and five years, respectively.
News For AMT;S;CLWR From The Last 14 Days
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December 18, 2014
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09:12 EDTSRadioShack threatens bankruptcy if cell phone deals not reworked, NY Post says
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07:58 EDTSSprint downgraded to Underperform from Perform at Oppenheimer
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07:53 EDTAMTUBS to hold a conference
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December 9, 2014
10:28 EDTSVerizon drops after warning about promotional impact on profits
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December 8, 2014
14:56 EDTSMDC Partners climbs for third day after making announcement on CRM unit
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