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):
November 3, 2000 (October 23, 2000)
AMERICAN TOWER CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 001-14195 65-0723837
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
116 Huntington Avenue
Boston, Massachusetts 02116
(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 Current Reports on Form 8-K filed by
American Tower Corporation (the "Company") on January 31, 2000, March 14, 2000,
May 23, 2000, June 23, 2000 and July 28, 2000.
On October 23, 2000, the Company leased 56 additional towers and paid total cash
consideration of approximately $18.7 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 available
cash on-hand.
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 to 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: November 3, 2000 By: /s/ Justin D. Benincasa
Name: Justin D. Benincasa
Title: Senior Vice President
and Corporate Controller