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American Tower Corporation Names J. Michael Gearon, Jr. President, American Tower International.


Business/Technology Editors

BOSTON--(BUSINESS WIRE)--May 12, 2000

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. , "the Company", (NYSE NYSE

See: New York Stock Exchange
:AMT See vPro. ) announced today that J. Michael Gearon, Jr. has been named President, American Tower International. Mr. Gearon has served as Executive Vice President and on the Company's Board of Directors since American Tower's acquisition of Gearon Communications in January 1998. In his new role, Mr. Gearon has responsibility for international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , excluding Canadian operations which are managed by Canadian Tower, L.P. He will also continue to serve as a Director.

Steve Dodge, President and Chief Executive Officer of American Tower, said, "Michael is a tremendously talented executive with an affinity for both deal making and operations. He's a natural for this role. Our Mexican operations, about which we all are very excited, are the product of his efforts and the efforts of those around him. There is more that we'd like to get done internationally, and I'm delighted that Michael wants to lead the charge."

Michael Gearon said, "I am excited about the challenge of growing American Tower's business internationally. We have built an excellent foundation in our first international market, Mexico, and I feel there is enormous opportunity to create shareholder value in select international markets."

American Tower is the leading independent owner operator and developer of broadcast and wireless communications wireless communications

System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data.
 sites in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Giving effect to pending transactions, American Tower operates over 10,600 sites in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Mexico and Canada, including approximately 300 broadcast tower sites. Of the 10,600 sites, approximately 9,400 are owned or leased towers and over 1,200 are managed and lease/sublease sites. Based in Boston, American Tower has regional hub offices in Boston, Atlanta, Chicago, Houston, San Francisco and Mexico City. For more information about American Tower Corporation and ATC ATC Air Traffic Control
ATC Average Total Cost
ATC Certified Athletic Trainer
ATC At the Center (Hartford, Maine retreat center)
ATC Applied Technology Council
ATC All Things Considered
 Teleports, please visit our web sites www.americantower.com and www.atcteleports.com.

This press release contains "forward-looking statements" concerning future expectations, plans or strategies that involve a number of risks and uncertainties. The Company wishes to caution readers that certain factors may have affected the Company's actual results and could cause results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of the Company. Such factors include, but are not limited to (i) substantial capital requirements Capital requirements

Financing required for the operation of a business, composed of long-term and working capital plus fixed assets.
 and leverage principally as a consequence of its ongoing acquisitions and construction activities, (ii) dependence on demand for wireless communications, use of satellites for internet data transmission, and implementation of digital television, (iii) the success of the Company's tower construction program and (iv) the successful operational integration of the Company's business acquisitions. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 12, 2000
Words:452
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