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SBA Communications Corp
As of May 30, 2026 at 24:05 UTC
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About SBA Communications Corp
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.
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Latest News
5 articlesU.S. large-cap stocks posted strong gains during the shortened week of March 30-April 2. VinFast Auto led with a 42.77% jump driven by strong EV momentum and Canadian rebates. Alcoa gained 24.12% on bullish commodities sentiment amid Middle East conflict resolution expectations. Other notable gainers included SBA Communications (23.22%), Equinox Gold (20.98%), and several precious metals miners, with gains ranging from 15-19%.
Millicom reported Q2 2025 revenue of $1.37 billion, record adjusted EBITDA of $641 million, and net profit of $676 million. The company completed a partial infrastructure transaction with SBA, generating over $500 million in proceeds and announced a $2.50 per share interim dividend.
Utenos Trikotažas, a textile group owned by SBA, has seen a significant improvement in its financial performance in the first quarter of 2025. The company's sales increased by 66.3% compared to the same period last year, reaching 5.2 million euros. Additionally, the group's losses were reduced by almost one million euros, from 1.48 million euros in the first quarter of 2024 to 440 thousand euros in the same period of 2025.