American Tower is frequently cited as a legacy competitor or complement to satellite-based internet solutions. While Starlink poses a long-term threat to terrestrial tower networks, the current scale of satellite broadband is not yet a direct substitute for high-density urban tower networks. American Tower currently maintains superior EBITDA margins at 67% compared to Starlink's 63%. For now, the threat remains in its infancy, but Starlink's rapid customer acquisition warrants close monitoring.

雖擁角隅資源與極低客戶流失率，但在高利率環境下，強制配息限制了其 373 億美元龐大負債的展延彈性。