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The Boston Globe

Globe 100

No. 4 overall | No. 1 telecom company

American Tower rides the wireless boom

American Tower Corp.’s growth strategy is based on a premise that’s hard to dispute. The Boston company that placed fourth on the 2013 Globe 100 list believes consumer demand for mobile communication and entertainment is only going to grow stronger in the future.

American Tower, which operates communications sites around the world, saw that demand propel profit up 60 percent to $637 million last year. Chief executive James Taiclet believes installation of fourth-generation wireless technology will require more towers and additional communication devices on existing cell sites.

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