SBAC - Sba Communications Corp

SBA Communications Corporation is a premier independent operator of wireless communications infrastructure, managing a vast portfolio of towers and structures that support antennas used in wireless communications. Their primary business model revolves around site leasing, which accounted for approximately 97.4% of their total operating profit as of December 2023. They operate across various regions, including the U.S., South America, Central America, and other international markets, where they lease space to major wireless service providers such as T-Mobile, AT&T Wireless, and Verizon Wireless. Besides site leasing, they also engage in site development services, assisting wireless providers in establishing and maintaining their networks.