American Tower Corporation (ATC) is expecting to experience a period of solid growth in its European markets, where the firm is seeing similar network growth trends to the U.S., with early-stage 5G deployments set to accelerate in the coming years, the company’s President and CEO, Tom Bartlett, said during a conference call with investors.
“We expect that our newly scaled European presence will allow us to drive long-term value creation, as the explosion of mobile data usage across the region continues, and the need for communications infrastructure accelerates as a result,” the executive said.