SBA Communications

SBA Communications Corporation is a prominent real estate investment trust (REIT) focused on wireless communications infrastructure. Founded in 1989 and headquartered in Boca Raton, Florida, the company operates across the Americas and Africa, with a strong presence in the United States, Brazil, Canada, and South Africa. SBA owns and manages approximately 30,000 communication towers, distributed antenna systems (DAS), small cells, and rooftop antenna sites. The company primarily operates through two segments: Site Leasing and Site Development. In Site Leasing, SBA provides antenna space on its towers and rooftop sites to wireless carriers and broadband providers. Site Development involves offering services such as network pre-design, site audits, and tower construction to support wireless service providers. SBA also collaborates with property owners to help them monetize their real estate assets through wireless infrastructure. SBA Communications is publicly traded on NASDAQ under the ticker SBAC and is part of the S&P 500 index, recognized as one of the largest independent owners and operators of wireless infrastructure globally.