American Tower Corporation (AMT) TD Cowen’s 11th Annual Communications Infrastructure Summit Conference

American Tower Corporation (NYSE:AMT) TD Cowen’s 11th Annual Communications Infrastructure Summit Conference Call August 12, 2025 1:15 PM ET

Company Participants

Richard Rossi – Executive VP & President of U.S. Tower

Conference Call Participants

Michael Elias – TD Cowen, Research Division

Michael Elias

All right. Perfect. Good morning, everyone, and welcome to TD Cowen’s 11th Annual Communications Infrastructure Summit. My name is Michael Elias, and I am the Comm Infra Analyst here at TD Cowen. For this session, we’re joined by American Tower. And from American Tower, we have their EVP and President of the U.S. Tower division, Rich Rossi. This session is structured as a fireside chat. I’ve said this in other sessions. I promise you I will try and open it up for questions at the end. But like I said, I do get excited.

So with that, Rich, thank you so much for being here. Really appreciate it.

Richard Rossi

Thanks, Mike. Great to be here.

Michael Elias

Now I want to — we’re just talking about this before we got started. You started in 2001 at American Tower. That is a company veteran if I’ve heard one. From your perspective, like could you give us an overview of your time at American Tower and a bit of your path to your current seat? I think that would be helpful as we set up this conversation.

Richard Rossi

Yes, sure. So back in 2001, it was my first job out of law school. I started as a contractor at American Tower. Ironically enough, I’m tasked today with growing the U.S. business. At that time, I was working on tower divestitures. We had this brilliant idea that if you had a couple of towers in the same 1 or 2-mile radius, that was probably 1 or 2 too many. So at that time, we’re focused on reducing operating expenses and property