American Tower eyes US expansion of Power as a Service in efficiencies pursuit amidst M&A hiatus
Michelle Donegan2024-05-03T16:23:00
ATC looks to ship high ROI ‘Power as a Service’ learnings to US market, having proven benefits in Africa, and to transfer US automation credentials to other geographies. Hunt for global efficiencies may also lead to monetisation of sub-scale assets, with focus on operational excellence meaning “nothing compelling” to buy, for now…
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- Organisations: American Tower Corporation; ATC Fibra México; ATC Polska; ATC India; Brookfield Asset Management; Emitel; Cordiant Digital Infrastructure; Flō Networks.
- Geographic: USA; Africa; India; Poland; Mexico.
- People: Steven Vondran; Tom Bartlett.
- Themes: Power as a Service; M&A (Mergers and Acquisitions); Operational excellence; Energy and emissions reduction; Solar arrays; Lithium-ion batteries; Energy storage; 5G; Sub-scale assets; Capital allocation priorities; Net leverage ratio.