American Tower has begun deploying a network of small modular data centers at its telecom tower properties, commencing a new phase in the giant telecom infrastructure company’s expansion into edge computing.
SBA Communications’ acquisition of a Chicago interconnection facility is the latest move by tower-focused real estate investment trusts (REITs) to establish a beachhead in the data center world.
Investors are looking to build broad-based portfolios of digital assets, including data centers, telecom towers, fiber and antennas. Recent examples include Digital Colony’s deal for Zayo Group, and American Tower’s entry into colocation.
American Tower, the world’s largest owner of wireless infrastructure, has made its first acquisition in the data center sector by buying Colo Atl, a colocation and meet-me room business in downtown Atlanta.