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American Tower sees weak LatAm growth persisting through 2027
American Tower (ATC) anticipates moderate growth and operational challenges in Latin America through 2027, largely due to telecom carrier consolidation, contract renegotiations, and churn. The company projects a 3% decline in organic tenant billings for the region in 2026, though it expects growth to accelerate in 2028. Despite challenges, American Tower sees environmental improvements, particularly in Brazil and Mexico, and plans global capital deployments of $1.9 billion, with approximately $270 million earmarked for Latin America and Asia Pacific.