SBA Communications Corporation

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure, functioning as a real estate investment trust. It owns and manages a vast portfolio of towers, rooftops, buildings, distributed antenna systems (DAS), and small cells, leasing antenna space to wireless service providers under long-term contracts. The company operates in two main segments: Site Leasing, which generates revenue from domestic and international tenants including major carriers like AT&T, Verizon, and T-Mobile, and Site Development, offering services such as site acquisition, zoning approvals, construction, equipment installation, and maintenance. With operations spanning the United States, Canada, Central and South America, and Africa—particularly strong in Brazil—SBA supports the expansion of mobile networks to meet growing demand for bandwidth and higher-speed services. It also assists property owners in monetizing their real estate for wireless infrastructure. Founded in 1989 and headquartered in Boca Raton, Florida, SBA Communications Corporation plays a critical role in enabling wireless connectivity across key global markets.