# SBA Communications

> SBA Communications owns and operates shared wireless infrastructure, leasing tower space to mobile network operators and providing site development, managed-site and digital infrastructure services. Its recurring-rent model spans the Americas and Africa, with 46,390 communications sites owned or operated at June 30, 2026.

- **Founded:** 1989
- **Headquarters:** Boca Raton, United States
- **Founders:** Steven E. Bernstein (Founder and former CEO)
- **Products:** Tower leasing and collocation, Site development and construction, Build-to-suit towers, Managed sites, SBA Edge
- **Notable:** Elected REIT status in 2016., Joined the S&P 500 in 2017., Completed the remaining Millicom Central American site acquisitions in October 2025.

## Products & services

- **Tower leasing and collocation** — Long-term rental of antenna space on owned or operated towers and other communications structures.
- **Site development and construction** — Site identification, acquisition support, zoning, construction, equipment installation and network modifications.
- **Build-to-suit towers** — New tower development tailored to a carrier’s network requirements.
- **Managed sites** — Marketing, leasing, contracts, billing, compliance and technical oversight for third-party rooftop and tower owners.
- **SBA Edge** — Regional data centers and modular edge infrastructure at tower locations, with power, cooling and interconnection.
- **Connectivity solutions** — Neutral-host in-building wireless, DAS, small cells, fiber-based infrastructure and public safety networks.
- **Property owner lease solutions** — Ground lease evaluation, extensions, restructurings and buyouts.

## Achievements

- Elected REIT status in 2016.
- Joined the S&P 500 in 2017.
- Completed the remaining Millicom Central American site acquisitions in October 2025.
- Owned or operated 46,390 communication sites at June 30, 2026: 17,362 domestic and 29,028 international.
- Reported an S&P ratings upgrade to BBB in its August 2026 results release.

## Latest updates

- **2026-10** — Announced November 2, 2026 as the scheduled release date for third-quarter results; those results were not yet published as of October 23.
- **2026-08** — Reported second-quarter revenue of $715.274 million and 46,390 sites at June 30; total debt was $12.8 billion.
- **2026-07** — Issued $3.5 billion of investment-grade unsecured senior notes and established an expanded $2.5 billion unsecured revolving credit facility.
- **2026-02** — Initial 2026 outlook removed all contracted EchoStar revenue and included $56 million in EchoStar churn.
- **2025-10** — Completed remaining Millicom site closings and sold 365 Canadian towers and related operations for C$446 million.

## Links

- Website: https://www.sbasite.com/
- LinkedIn: https://www.linkedin.com/company/sba-communications/
- Twitter/X: https://twitter.com/sbasite
- Facebook: https://facebook.com/sbasite/

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Profile page: https://yespress.io/sba-communications
Published by YesPress — https://yespress.io
Last updated: 2026-10-23