American Tower beats quarterly revenue estimate on strong telecom infrastructure leasing demand


FILE PHOTO: A telecommunications tower managed by American Tower is seen in Golden, Colorado February 25, 2014. REUTERS/Rick Wilking

(Reuters) -Wireless infrastructure provider American Tower on Tuesday beat the first-quarter revenue estimate, driven by steady demand for its leasing business.

As competition heats up in the telecommunications market, wireless players in the United States are enhancing their 5G solutions and network infrastructure to increase the value of their plans.

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