Monday, May 7, 2007

UPDATE 1-American Tower posts Q1 profit

(Reuters) - The company reported a first-quarter net income of $22.2 million, or 5 cents a share, compared with a loss of $1.9 million, or 1 cent a share, a year ago.

Total revenue increased 10 percent to $352.5 million, the operator of wireless and broadcast communications towers said in a statement.


Read more at Reuters.com Market News

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