SBA Communications Corp (SBAC)

SBA Communications owns a portfolio of about 46,000 wireless towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market generated by the top three or four mobile carriers. It owns more than 17,000 towers in the US, which account for about 70% of leasing revenue. Internationally, SBA's largest markets are Brazil and Guatemala, where it owns roughly 12,000 and 5,000 towers, respectively. SBA operates as a real estate investment trust.

Industry: Real Estate Investment Trusts (SIC 6798)

Market region: US

Address: 8051 Congress Avenue, Boca Raton, FL, 33487

Market capitalization

19.85 billion USD (19,854,389,787 USD)

Listing date

06/16/1999

Weighted shares outstanding

106,088,110

Share class shares outstanding

106,088,110

https://www.sbasite.com