{"id":457379,"date":"2021-03-15T08:03:08","date_gmt":"2021-03-15T12:03:08","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=457379"},"modified":"2021-03-15T08:03:08","modified_gmt":"2021-03-15T12:03:08","slug":"american-tower-and-dish-announce-long-term-master-lease-agreement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/american-tower-and-dish-announce-long-term-master-lease-agreement\/","title":{"rendered":"American Tower and DISH Announce Long-Term Master Lease Agreement"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>American Tower and DISH Announce Long-Term Master Lease Agreement<\/b><\/p>\n<p>BOSTON &amp; ENGLEWOOD, Colo.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAmerican Tower Corporation (NYSE: AMT) and DISH Network Corporation (NASDAQ: DISH) announced today that they have entered into a master lease agreement through which DISH may lease space on up to 20,000 American Tower communications sites. Through the agreement, DISH will secure access to American Tower\u2019s extensive U.S. portfolio of communications sites as it deploys its new nationwide 5G network, and American Tower will enhance its long-term U.S. organic growth trajectory.\n<\/p>\n<p>\nDave Mayo, DISH\u2019s Executive Vice President of Network Development said, \u201cWith the American Tower agreement, DISH now has the complete, robust infrastructure portfolio we need to support our nationwide 5G network deployment. Our team has already developed colocation plans for American Tower sites across the country to bring a new generation of connectivity to Americans.\u201d\n<\/p>\n<p><span style=\"font-weight:normal\">Steve Vondran, American Tower\u2019s Executive Vice President and President, U.S. Tower Division stated, \u201cWe look forward to this agreement evolving into a long-term, mutually beneficial strategic partnership. We believe that our nationwide portfolio of communications sites is optimally positioned to continue to serve as the backbone of today\u2019s critical mobile broadband networks while assuring a meaningful share of new leasing activity in the marketplace.\u201d <\/span><\/p>\n<p>\nUnder the agreement, cash lease payments from DISH to American Tower will commence in 2022 and grow over time as DISH\u2019s network deployment progresses. In addition, DISH may lease shared generators from American Tower on select sites and will have the ability to utilize American Tower\u2019s zoning, permitting and other pre-construction services.\n<\/p>\n<p><b>About American Tower<\/b><\/p>\n<p>\nAmerican Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 186,000 communications sites. For more information about American Tower, please visit the \u201cEarnings Materials\u201d and \u201cInvestor Presentations\u201d sections of our investor relations website at <span class=\"bwuline\"><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.americantower.com&amp;esheet=52395628&amp;newsitemid=20210315005167&amp;lan=en-US&amp;anchor=www.americantower.com&amp;index=1&amp;md5=2a35b7bb3079139fc0d3a5f13e7d5d97\">www.americantower.com<\/a><\/span>.\n<\/p>\n<p><b>About DISH<\/b><\/p>\n<p>\nDISH Network Corporation is a connectivity company. Since 1980, it has served as a disruptive force, driving innovation and value on behalf of consumers. Through its subsidiaries, the company provides television entertainment and award-winning technology to millions of customers with its satellite DISH TV and streaming SLING TV services. In 2020, the company became a nationwide U.S. wireless carrier through the acquisition of Boost Mobile. DISH continues to innovate in wireless, building the nation&#8217;s first cloud-native, Open RAN-based 5G broadband network. DISH Network Corporation (NASDAQ: DISH) is a Fortune 250 company.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210315005167r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210315005167\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210315005167\/en\/<\/a><\/span><\/p>\n<p><i><span style=\"font-weight:normal\">ATC Contact: Igor Khislavsky<br \/>\n<\/span><\/i><br \/>Vice President, Investor Relations<br \/>\n<br \/>Telephone: (617) 375-7500<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:investor.relations@americantower.com\">investor.relations@americantower.com<\/a><\/p>\n<p><i><span style=\"font-weight:normal\">DISH Contact: Karen Modlin<br \/>\n<\/span><\/i><br \/><i><span style=\"font-weight:normal\">Senior Manager, Communications<br \/>\n<\/span><\/i><br \/><i><span style=\"font-weight:normal\">Email: <a rel=\"nofollow\" href=\"mailto:Karen.Modlin@dish.com\">Karen.Modlin@dish.com<\/a><\/span><\/i><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Massachusetts Colorado<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Telecommunications Commercial Building &amp; Real Estate Construction &amp; Property Networks REIT<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210315005167\/en\/635712\/3\/ATC_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>American Tower and DISH Announce Long-Term Master Lease Agreement BOSTON &amp; ENGLEWOOD, Colo.&#8211;(BUSINESS WIRE)&#8211; American Tower Corporation (NYSE: AMT) and DISH Network Corporation (NASDAQ: DISH) announced today that they have entered into a master lease agreement through which DISH may lease space on up to 20,000 American Tower communications sites. Through the agreement, DISH will secure access to American Tower\u2019s extensive U.S. portfolio of communications sites as it deploys its new nationwide 5G network, and American Tower will enhance its long-term U.S. organic growth trajectory. Dave Mayo, DISH\u2019s Executive Vice President of Network Development said, \u201cWith the American Tower agreement, DISH now has the complete, robust infrastructure portfolio we need to support our nationwide 5G network deployment. Our team has &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/american-tower-and-dish-announce-long-term-master-lease-agreement\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;American Tower and DISH Announce Long-Term Master Lease Agreement&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-457379","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>American Tower and DISH Announce Long-Term Master Lease Agreement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/american-tower-and-dish-announce-long-term-master-lease-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"American Tower and DISH Announce Long-Term Master Lease Agreement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"American Tower and DISH Announce Long-Term Master Lease Agreement BOSTON &amp; ENGLEWOOD, Colo.&#8211;(BUSINESS WIRE)&#8211; American Tower Corporation (NYSE: AMT) and DISH Network Corporation (NASDAQ: DISH) announced today that they have entered into a master lease agreement through which DISH may lease space on up to 20,000 American Tower communications sites. Through the agreement, DISH will secure access to American Tower\u2019s extensive U.S. portfolio of communications sites as it deploys its new nationwide 5G network, and American Tower will enhance its long-term U.S. organic growth trajectory. Dave Mayo, DISH\u2019s Executive Vice President of Network Development said, \u201cWith the American Tower agreement, DISH now has the complete, robust infrastructure portfolio we need to support our nationwide 5G network deployment. 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