Published on 30 Jan 2024 on Benzinga via Yahoo Finance
American Tower Corporation (NYSE:AMT), boasting a dividend yield of 3.5%, presents a distinctive investment opportunity within the real estate sector, concentrating on telecommunications infrastructure, particularly cell towers. This focus is incredibly pertinent given the accelerating expansion of mobile communications and the rollout of 5G technology. The growing demand for wireless infrastructure, driven by increasing mobile data usage and the advent of the Internet of Things (IoT), positions American Tower as an appealing choice for investors seeking stable, growth-oriented returns.
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