AT&T and American Tower Sign New Multi-year Agreement, September 03, 2019

DALLAS & BOSTON–(BUSINESS WIRE)–AT&T* (NYSE: T) and American Tower Corporation
(NYSE: AMT) signed a new long-term agreement structured for mutual growth through a simplified
leasing process and expanded site development services. The new agreement streamlines wireless
network deployments on American Tower’s U.S. sites, enhancing AT&T’s deployment of 5G and other
next-generation technology across the U.S., including FirstNet, public safety’s dedicated, nationwide
communications platform.

“This comprehensive agreement is expected to drive mutual value and growth through a simplified
leasing process designed to drive efficiency and flexibility improvements directly benefitting our
speed in deploying the latest technologies,” said JR Wilson, Vice President of Tower Strategy and
Roaming, AT&T. “This is essential for executing on both our 5G and FirstNet network builds. It
ultimately helps us better serve our customers and first responders nationwide.”

The new agreement aligns with AT&T’s commitment to provide its customers, including FirstNet
public safety subscribers, with better speeds, reliability and overall performance. This includes a
focus on keeping up with booming mobile data usage while improving capacity and coverage across
the entire country, especially in underserved rural areas.

“We look forward to this new phase of our long-standing relationship with AT&T,” said Steve
Vondran, President – U.S. Tower Division, American Tower Corporation. “This agreement provides
for an extended mutually rewarding strategic relationship, and we’re excited to help AT&T deliver
the next generation of wireless technology to consumers, businesses and first responders quickly
and efficiently.”


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