American Tower Completes CoreSite Buy

American Tower closed on its $10.1 billion buy of data center management company CoreSite, it said Tuesday. “As 5G deployments and wireless and wireline convergence accelerate, we expect to leverage CoreSite’s highly interconnected data center facilities and critical cloud on-ramps to drive strong, consistent, recurring growth while enhancing the value of our existing tower real estate through emerging edge compute opportunities,” said American Tower CEO Tom Bartlett.