SBA Communications Corp (SBAC) Price and Market Data

SBA Communications Corp owns a portfolio of approximately 46,000 wireless towers across North America, South America, and Africa. The company leases tower space to wireless service providers, which place equipment on these sites to support their mobile networks. SBA Communications has a concentrated customer base, with the majority of revenue in each market coming from the top three or four mobile carriers. In the United States, it owns more than 17,000 towers, representing about 70% of leasing revenue. Internationally, its largest markets are Brazil and Guatemala, where the company owns around 12,000 and 5,000 towers, respectively. SBA Communications operates as a real estate investment trust.