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<item><title>American Tower Corp acquires Cincinnati Bell Inc-Wireless from Cincinnati Bell Inc (pending)</title><description>US - American Tower Corp definitively agreed to acquire ### wireless communications towers, located in Ohio and Kentucky, of Cincinnati Bell Inc, a provider of telecommunications, telemarketing, cellular mobile telephone and long distance communication services, for USD ### mil.</description><pubDate>19 Nov 2009 09:11:03 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">029912</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">17399A</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">029912</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">171871</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">American Tower Corp</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Cincinnati Bell Inc-Wireless Communications Towers(196), Ohio</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">American Tower Corp</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Cincinnati Bell Inc</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/American_Tower_Corp_acquires_Cincinnati_Bell_Inc_Wireless_from_Cincinnati_Bell_Inc-2128992020</link><guid isPermaLink="false">sdc/2128992020</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2128992020</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>New York</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Telecommunications</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>United States</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Radiotelephone communications</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>4812</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>MA</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Massachusetts</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Public</sdc:value></sdc:a_STATUS><sdc:a_TICKER><sdc:value>AMT</sdc:value></sdc:a_TICKER><sdc:asic_SIC><sdc:value sdc:p="0">3663:Radio &amp; TV broadcasting &amp; communications equipment</sdc:value><sdc:value sdc:p="1">4812:Radiotelephone communications</sdc:value><sdc:value sdc:p="2">4899:Communications services, nec</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">3663:Radio &amp; TV broadcasting &amp; communications equipment</sdc:value><sdc:value sdc:p="1">4812:Radiotelephone communications</sdc:value><sdc:value sdc:p="2">4899:Communications services, nec</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Telecommunications</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>United States</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Radiotelephone communications</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>4812</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>OH</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Ohio</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>409596003</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Own,op commun towers</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Pvd telecom svcs</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value sdc:p="0">Cash</sdc:value><sdc:value sdc:p="1">Cash Only</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Assets</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1117270001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Nov 19 2009</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ACURR_CODE><sdc:value>US</sdc:value></sdc:fiscal_ACURR_CODE><sdc:fiscal_ADATEFIN><sdc:value>30 Sep 09</sdc:value></sdc:fiscal_ADATEFIN><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_AEPS><sdc:value>0.65000</sdc:value></sdc:fiscal_AEPS><sdc:fiscal_ANI><sdc:value>268.08400</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>1684.46500</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>8169.09600</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_CURRENCYLONG><sdc:value>U.S. Dollar</sdc:value></sdc:fiscal_CURRENCYLONG><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">American Tower Corp, located</sdc:value><sdc:value sdc:p="1">in Boston, Massachusetts, owns</sdc:value><sdc:value sdc:p="2">and operates communications</sdc:value><sdc:value sdc:p="3">towers and antenna sites for</sdc:value><sdc:value sdc:p="4">the wireless communications</sdc:value><sdc:value sdc:p="5">industry. The company also</sdc:value><sdc:value sdc:p="6">provides tower management</sdc:value><sdc:value sdc:p="7">services and owns over 23,000</sdc:value><sdc:value sdc:p="8">sites in the United States,</sdc:value><sdc:value sdc:p="9">Mexico and Brazil. The company</sdc:value><sdc:value sdc:p="10">was founded in 1995.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">American Tower Corp, located in Boston, Massachusetts, owns</sdc:value><sdc:value sdc:p="1">and operates communications towers and antenna sites for the</sdc:value><sdc:value sdc:p="2">wireless communications industry. The company also provides</sdc:value><sdc:value sdc:p="3">tower management services and owns over 23,000 sites in the</sdc:value><sdc:value sdc:p="4">United States, Mexico and Brazil. The company was founded in</sdc:value><sdc:value sdc:p="5">1995.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>American Tower Corp, located in Boston, Massachusetts, owns and operates communications towers and antenna sites for the wireless communications industry. The company also provides tower management services and owns over 23,000 sites in the United States, Mexico and Brazil. The company was founded in 1995.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">The assets comprised of 196</sdc:value><sdc:value sdc:p="1">wireless communications</sdc:value><sdc:value sdc:p="2">towers, located in Ohio and</sdc:value><sdc:value sdc:p="3">Kentucky, of Cincinnati Bell</sdc:value><sdc:value sdc:p="4">Inc.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">The assets comprised of 196 wireless communications towers,</sdc:value><sdc:value sdc:p="1">located in Ohio and Kentucky, of Cincinnati Bell Inc.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>The assets comprised of 196 wireless communications towers, located in Ohio and Kentucky, of Cincinnati Bell Inc.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>N</sdc:value></sdc:i_CROSS1><sdc:i_CURRENCYLONG><sdc:value>U.S. Dollar</sdc:value></sdc:i_CURRENCYLONG><sdc:i_DATEANN><sdc:value>18 Nov 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Wed, 18 Nov 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 11/18/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Acq. of 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Dollar</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>1.00000</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>59.71600</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>100.00000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>100.00000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPE><sdc:value>0.00000</sdc:value></sdc:j_MPE><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>100.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">US - American Tower Corp</sdc:value><sdc:value sdc:p="1">definitively agreed to</sdc:value><sdc:value sdc:p="2">acquire 196 wireless</sdc:value><sdc:value sdc:p="3">communications towers,</sdc:value><sdc:value sdc:p="4">located in Ohio and Kentucky,</sdc:value><sdc:value sdc:p="5">of Cincinnati Bell Inc, a</sdc:value><sdc:value sdc:p="6">provider of</sdc:value><sdc:value sdc:p="7">telecommunications,</sdc:value><sdc:value sdc:p="8">telemarketing, cellular</sdc:value><sdc:value sdc:p="9">mobile telephone and long</sdc:value><sdc:value sdc:p="10">distance communication</sdc:value><sdc:value sdc:p="11">services, for USD 100 mil.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>US - American Tower Corp definitively agreed to acquire 196 wireless communications towers, located in Ohio and Kentucky, of Cincinnati Bell Inc, a provider of telecommunications, telemarketing, cellular mobile telephone and long distance communication services, for USD 100 mil.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">US - American Tower Corp definitively agreed to acquire 196 wireless communications</sdc:value><sdc:value sdc:p="1">towers, located in Ohio and Kentucky, of Cincinnati Bell Inc, a provider of</sdc:value><sdc:value sdc:p="2">telecommunications, telemarketing, cellular mobile telephone and long distance</sdc:value><sdc:value sdc:p="3">communication services, for USD 100 mil.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">US - American Tower Corp definitively agreed to acquire 196 wireless communications towers, located in Ohio and Kentucky, of Cincinnati Bell Inc, a provider of telecommunications, telemarketing,</sdc:value><sdc:value sdc:p="1">cellular mobile telephone and long distance communication services, for USD 100 mil.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">US - American Tower Corp definitively agreed to acquire 196 wireless communications towers, located in Ohio and Kentucky, of Cincinnati</sdc:value><sdc:value sdc:p="1">Bell Inc, a provider of telecommunications, telemarketing, cellular mobile telephone and long distance communication services, for USD</sdc:value><sdc:value sdc:p="2">100 mil.</sdc:value></sdc:n_synopsis5><sdc:p_MANAGER_LONG2><sdc:value>Wells Fargo Securities 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We've got all three, that are three tower companies, a number of other telcos presenting as well. So, welcome. Please make yourself comfortable. Just one logistical reminder, just like yesterday. We run the Q&amp;A sessions via note cards, we don't pass a mike around. So if you got questions (technical difficulty) note cards, they should be in your seats, there will be people walking around to grab the note cards. To help structure the Q&amp;A session this morning is, I'll have about ## minutes of my own questions, and then hopefully, ## minutes of yours. So with that out of the way, we're really, really pleased to have this morning, to be kicking things off here with Jim Taiclet, who is the Chairman, President and Chief Executive Officer of American Tower. Jim joined AMT as COO in ####, and has been in the CEO...

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