SBA Communications Corporation – $SBAC – Confident Investor Rating: Poor

Company name SBA Communications Corporation
Stock ticker SBAC
Live stock price [stckqut]SBAC[/stckqut]
Confident Investor Rating Poor

“SBA Communications Corporation (SBA) is an independent owner and operator of
wireless communications towers. Its principal operations are in the
continental United States. In addition, SBA has towers in Canada, Puerto
Rico and the United States Virgin Islands. Its principal business line is
its site leasing business, which contributed 97.4% of its total segment
operating profit for the year ended December 31, 2009. In its site leasing
business, it leases antenna space primarily to wireless service providers on
towers and other structures that it owns, manages or leases from others. As
of December 31, 2009, SBA owned 8,324 tower sites. The Company also manages
or leases approximately 5,100 communications sites, approximately 550, of
which were revenue producing as of December 31, 2009. Its other business
line is its site development business, through which it assists wireless
service providers in developing and maintaining their own wireless service
networks. ”

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.