#2
American Tower
American Tower commands an $80 billion market cap through owning over 220,000 cell towers globally, making it the largest infrastructure REIT by asset count. Its long-term leases with carriers like Verizon and T-Mobile ensure 95% of cash flows are contracted beyond five years, producing a 2.8% dividend yield that beats the average telecom REIT by 0.7 points. As 5G buildout expands across the US, Europe, India, and Latin America,
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