SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
May 23, 2000 (May 10, 2000)
AMERICAN TOWER CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 001-14195 65-0723837
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
116 Huntington Avenue
Boston, Massachusetts 02116
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(Address of Principal Executive Offices) (Zip Code)
(617) 375-7500
(Registrant's telephone number, including area code)
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Item 2. Acquisition or Disposition of Assets.
The following information serves to update the status of the AirTouch
transaction as previously disclosed in the January 31, 2000 and March 14, 2000
Current Reports on Form 8-K:
On May 10, 2000, American Tower Corporation (the "Company") leased 220
additional towers and paid total cash consideration of approximately $83.8
million under the terms of the Agreement to Sublease, dated as of August 6, 1999
by and among AirTouch Communications, Inc., the other parties named therein as
sublessors, the Company and American Tower, L.P. ("ATLP"). The Company financed
the transaction through borrowings under its credit facility.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
Exhibit 10.1 Agreement to Sublease, dated as of August 6, 1999 by
and among AirTouch Communications, Inc., the other
parties named therein as sublessors, the Company and
ATLP.*
* Filed as Exhibit 10.1 from the Company's Quarterly Report on Form 10-Q for the
quarter ended June 30, 1999.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
AMERICAN TOWER CORPORATION
(Registrant)
Date: May 23, 2000 By: /s/ Justin D. Benincasa
Name: Justin D. Benincasa
Title: Vice President and
Corporate Controller
