American Tower Confirms No Change in Its Ability to Service Indebtedness.Business/Technology Editors BOSTON--(BUSINESS WIRE)--Sept. 6, 2001 American Tower Corporation Formed in 1995, American Tower Corporation is a publicly held company (NYSE: AMT) that is a leading owner and operator of wireless and broadcast communications sites in North America. Today American Tower owns and operates over 30,000 sites in the United States, Mexico and Brazil. (NYSE NYSE See: New York Stock Exchange : AMT See vPro. ) announced today that its ability to service its outstanding indebtedness has not changed since the filing of its Form 10-Q Form 10-Q See 10-Q. for the quarter ended June 30, 2001. Today the Company filed a routine Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. to provide company information that American Tower Corporation may use in its investor presentations from time to time. As part of that filing, the Company included its standard risk factor language which includes a general risk factor regarding the Company's leverage and debt service obligations. This risk factor had been previously disclosed by the Company in its Form 10-K for the year ended December 31, 2000, its Form 10-Q for the quarter ended March 31, 2001 and its Form 10-Q for the quarter ended June 30, 2001. The Company reaffirmed today that there has been no change in its ability to service its outstanding indebtedness, and it continues to have substantial financial resources. |
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