American Tower Names Brad Singer Executive Vice President, Strategy.Business/Technology Editors BOSTON--(BUSINESS WIRE)--Sept. 25, 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. (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 )(NYSE NYSE See: New York Stock Exchange :AMT See vPro. ) announced today that Bradley Singer has been named Executive Vice President, Strategy. Mr. Singer will initially focus on several specific corporate development and strategic alliance opportunities and will support the capital resourcing activities of the the company. Mr. Singer comes to American Tower from Goldman, Sachs & Co.'s Investment Banking division. He has worked extensively in the communication tower industry, with his experience including the sales of the Bell Atlantic Mobile tower portfolio and the Motorola Antennae Site Business. "We initially met Brad across the negotiating table, and found that we were dealing with an individual who was exceptionally bright, who listened well, who negotiated rationally, and who was fun to be around. Over time, we have come to understand that Brad is also a first rate strategic thinker. We are very excited about Brad's decision to join our senior team, and we know he's going to be an impact player for our company," said Steve Dodge, American Tower's Chief Executive Officer. "It is exciting to join a market leader such as American Tower," stated Brad Singer. "I've had the pleasure of working with American Tower's management team in the past. They have had great success and I'm looking forward to the challenge of being part of the American Tower team as the company continues its impressive track record of growth and takes advantage of the numerous domestic and international opportunities presented by communication services providers and their infrastructure needs." Mr. Singer holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony. and a BS degree from University of Virginia. 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 approximately 10,300 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 10,300 sites, approximately 9,300 are owned or leased towers and approximately 1,000 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 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. American Tower Corporation ("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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