Market Capitalization (Millions $) |
23,986 |
Shares
Outstanding (Millions) |
108 |
Employees |
1,787 |
Revenues (TTM) (Millions $) |
2,680 |
Net Income (TTM) (Millions $) |
749 |
Cash Flow (TTM) (Millions $) |
1,150 |
Capital Exp. (TTM) (Millions $) |
228 |
Sba Communications Corporation
SBA Communications Corporation is a prominent independent owner and operator of wireless communications infrastructure, with a focus on the Americas. Founded in 1989 by Paul C. Dykstra, the company is headquartered in Boca Raton, Florida, and has established a significant presence by operating over 33,000 wireless communication sites across 14 countries in North, Central, and South America.
The companys infrastructure comprises various types of facilities, including multi-tenant towers, rooftop installations, and small cell networks. These solutions cater to a diverse array of clients, including wireless service providers, government entities, broadcasters, and other organizations requiring reliable wireless infrastructure.
A key feature of SBA Communications operations is its portfolio of sites that offer unique colocation opportunities, allowing multiple wireless carriers to share infrastructure. This practice enhances the efficiency of resource use while reducing costs for carriers. Additionally, the company provides comprehensive site development services, encompassing zoning and permitting, construction, and ongoing maintenance.
SBA Communications business model is predicated on long-term leases with wireless carriers, which offers the company stable and predictable cash flows. This model has proven successful, enabling strong financial performance and sustained growth.
The company is also dedicated to sustainability, actively implementing environmentally responsible initiatives to minimize energy consumption, greenhouse gas emissions, and waste. This commitment reflects a broader trend within the industry toward adopting greener practices.
In recent developments, SBA Communications has been focusing on the expansion of small cell networks, essential for supporting the deployment of 5G technology. Their extensive expertise in wireless infrastructure positions the company to take advantage of the emerging opportunities presented by this next generation of wireless connectivity.
In summary, SBA Communications Corporation stands out as a vital entity in the telecommunications sector, delivering essential infrastructure that underpins the advancement of wireless communications throughout the Americas.
Company Address: 8051 Congress Avenue Boca Raton 33487 FL
Company Phone Number: 995-7670 Stock Exchange / Ticker: NASDAQ SBAC
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