American Tower Acquires Communications Site at the John Hancock Center, Benefitting Broadcasters and Wireless Service Providers

  American Tower Acquires Communications Site at the John Hancock Center,
  Benefitting Broadcasters and Wireless Service Providers in the
  Greater-Chicago Area

Business Wire

BOSTON -- November 26, 2012

American Tower Corporation (NYSE: AMT) announced today the acquisition of the
93rd and 97th floors and the rooftop of the John Hancock Center in Chicago, IL
and the rights to the existing telecommunications leases associated with the
property.

The acquisition of the physical space, along with the existing leases,
followed the vertical subdivision of the John Hancock Center, the
fourth-tallest building in Chicago and the sixth-tallest in the United States.
This transaction allows American Tower to make a prominent entrance into the
Chicago-area broadcast market, while augmenting its rooftop portfolio in the
region. The agreement includes more than 34,000 square feet of space for
broadcast and telecommunications equipment, the rooftop and two broadcast
masts.

“We are pleased to be able to add the John Hancock Center to our portfolio of
communications sites,” said Steven Marshall, Executive Vice President and
President of American Tower’s U.S. Tower division. “Our experience in
supporting the broadcast and wireless industries makes us a prime partner for
both existing as well as new tenants at the property. American Tower continues
to pursue opportunities to grow our portfolio through the acquisition and
development of rooftop assets suitable for assisting our tenants in optimizing
their networks.”

American Tower will begin marketing the property to both broadcast and
wireless tenants, given the site’s extensive capacity for collocation. The
space is ready for collocation and installation and features ready-to-build
infrastructure, multiple fiber connections and two megawatts of on-site backup
power.

About American Tower

American Tower is a leading independent global owner, operator and developer
of wireless communications sites. American Tower currently owns and operates
over 50,000 communications sites in the United States, Brazil, Chile,
Colombia, Ghana, India, Mexico, Peru, South Africa and Uganda. For more
information about American Tower, please visit www.americantower.com.

Contact:

American Tower Corporation
Matthew Peterson, 617-375-7500
Vice President, Corporate Communications
 
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