American Tower Corporation (ATC) CEO Steven Vondran is optimistic that further spectrum deployment will generate more growth opportunities for the company.

Vondran made the comments during the company's Q2 earnings call last week, where he cut a bullish figure on the upcoming spectrum cycle.

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The tower company reported revenue growth of 4.7 percent for the quarter, posting total revenue of $2.7 billion. This was driven by strong leasing demand across the company's tower portfolio, plus record leasing activity at CoreSite. For the quarter, data center property revenue growth was approximately 12 percent.

But it was the topic of spectrum that generated much of the discussion on the tower company's earnings call.