Tributary cites tenant churn as a drag on American Tower growth

Insider Monkey

Tributary Capital Management said elevated customer churn among some American Tower tenants, including Dish Network and some in Latin America, is hindering the tower operator’s organic tenant-billings growth, according to its Q2 2026 investor letter.

American Tower is a real estate investment trust that leases space on its towers for antennas, primarily to wireless service providers.

American Tower shares closed at $167.26 on September 24, 2026, down 5.09% over the month and 13.90% over the year, according to the article.

#American-Tower-tenant-churn #American-Tower-tenant-billings-growth
Share