What is the estimated TAM for the deployment of true mobile edge in the industry 
his evolution. The underlying thesis supporting this lead is the concept net that suggests it has been for the last two decades in the deployment of wireless networks, shared neutral host infrastructure will be the most cost-effective and efficient way to rapidly deploy cloud-native 5G applications at scale. And given that our attractively located tower sites have existing access to fiber and end power while already hosting multiple communications providers, they are natural candidates to represent hub locations for these low-latency wireless edge data centers. Scale deployment of the true mobile edge remains several years away, but in our view, the TAM could be quite significant, running well into the billions of dollars annually.
In the meantime, we have some half-dozen ongoing small-scale distributed commute trials at our tower sites, creating a beachhead to larger scale through mobile edge deployment. Additionally, our Colo ATL facility continues to outperform our expectations and we are having meaningful conversations with a number of key stakeholders across the data center and cloud sectors regarding the optimal requirements for the 5G Edge. As we've noted previously, we intend to explore global joint ventures or partnerships to effectively leverage these inherent opportunities and we continue to work through a number of different scenarios in that front. The early data points we are seeing throughout the industry all suggest that this can be a meaningful scalable opportunity that can represent solid upside for us in due time.
And we are devoting resources internally to ensure that we are in a position to be opportunistic and agile. In the context of the long-term outlook we discussed last quarter, we believe that mobile edge compute could eventually represent meaningful potential upside. Having said that, we are going to remain disciplined from a capital deployment perspective as you would expect. Recurring revenue for all long-term growth prospects, healthy ROIC, and an attractive margin profile are all prerequisite for us to deploy meaningful capital anywhere, and that includes our efforts on the platform expansion side.
Our preliminary assessments indicate that the edge opportunity fits nicely into our framework, but we will need to prove out this thesis going forward. So taking into account the strong underlying baseline growth path we have in the U.S. for the next decade, we are in a position to be thoughtful, deliberate, and strategic with these types of initiatives. Additionally, while we are laser-focused on driving incremental value in the U.S., we expect to have attractive opportunities to deploy capital internationally, for high-quality scaled Macro Tower portfolios are likely to come to market.
And while my comments today are focused on our U.S. operation and marketplace, the exact same approach can be duplicated globally, whether it's growth, platform expansion opportunities or margin expansion, the message globally are identical. With our roughly 220,000 site pro forma for the Telxius acquisition, we have an unmatched presence in some of the fastest-growing wireless broadband market period and we can offer to a number of different parties and one-stop capability that is second to none. While we would expect to expand the depth of this presence over time so as not to be complacent, we believe it already gives us a significant competitive advantage.
As we've always done on a global basis, we will be seeking to maximize long-term growth and AFFO per share while maintaining attractive returns on invested capital. We also continue to invest in our people, our systems and processes, and remain focused on numerous ESG initiatives while dedicating ourselves to ensuring a diverse and inclusive culture throughout the company. To summarize, I want to reiterate our excitement about the U.S. market.
We are in the very early stages of a transformative there in U.S. wireless technology, one that has the potential to fundamentally alter how we live, work, and play while opening them up tremendous new possibilities a
his evolution. The underlying thesis supporting this lead is the concept net that suggests it has been for the last two decades in the deployment of wireless networks, shared neutral host infrastructure will be the most cost-effective and efficient way to rapidly deploy cloud-native 5G applications at scale. And given that our attractively located tower sites have existing access to fiber and end power while already hosting multiple communications providers, they are natural candidates to represent hub locations for these low-latency wireless edge data centers. Scale deployment of the true mobile edge remains several years away, but in our view, the TAM could be quite significant, running well into the billions of dollars annually.
In the meantime, we have some half-dozen ongoing small-scale distributed commute trials at our tower sites, creating a beachhead to larger scale through mobile edge deployment. Additionally, our Colo ATL facility continues to outperform our expectations and we are having meaningful conversations with a number of key stakeholders across the data center and cloud sectors regarding the optimal requirements for the 5G Edge. As we've noted previously, we intend to explore global joint ventures or partnerships to effectively leverage these inherent opportunities and we continue to work through a number of different scenarios in that front. The early data points we are seeing throughout the industry all suggest that this can be a meaningful scalable opportunity that can represent solid upside for us in due time.
And we are devoting resources internally to ensure that we are in a position to be opportunistic and agile. In the context of the long-term outlook we discussed last quarter, we believe that mobile edge compute could eventually represent meaningful potential upside. Having said that, we are going to remain disciplined from a capital deployment perspective as you would expect. Recurring revenue for all long-term growth prospects, healthy ROIC, and an attractive margin profile are all prerequisite for us to deploy meaningful capital anywhere, and that includes our efforts on the platform expansion side.
Our preliminary assessments indicate that the edge opportunity fits nicely into our framework, but we will need to prove out this thesis going forward. So taking into account the strong underlying baseline growth path we have in the U.S. for the next decade, we are in a position to be thoughtful, deliberate, and strategic with these types of initiatives. Additionally, while we are laser-focused on driving incremental value in the U.S., we expect to have attractive opportunities to deploy capital internationally, for high-quality scaled Macro Tower portfolios are likely to come to market.
 And while my comments today are focused on our U.S. operation and marketplace, the exact same approach can be duplicated globally, whether it's growth, platform expansion opportunities or margin expansion, the message globally are identical. With our roughly 220,000 site pro forma for the Telxius acquisition, we have an unmatched presence in some of the fastest-growing wireless broadband market period and we can offer to a number of different parties and one-stop capability that is second to none. While we would expect to expand the depth of this presence over time so as not to be complacent, we believe it already gives us a significant competitive advantage.
As we've always done on a global basis, we will be seeking to maximize long-term growth and AFFO per share while maintaining attractive returns on invested capital. We also continue to invest in our people, our systems and processes, and remain focused on numerous ESG initiatives while dedicating ourselves to ensuring a diverse and inclusive culture throughout the company. To summarize, I want to reiterate our excitement about the U.S. market.
We are in the very early stages of a transformative there in U.S. wireless technology, one that has the potential to fundamentally alter how we live, work, and play while opening them up tremendous new possibilities a