SBA COMMUNICATIONS CORP

SBA Communications Corporation operates as an independent owner and operator of wireless communications infrastructure, structured as a real estate investment trust. The company conducts business through two core operational segments: site leasing and site development. Under its primary site leasing business, the company leases antenna space on multi-tenant tower structures and rooftop sites to wireless service providers and manages rooftop and tower sites for third-party property owners. The domestic site development segment provides end-to-end network planning, zoning assistance, site auditing, and infrastructure construction services to wireless carriers across the United States. Key customers include nationwide mobile network operators such as T-Mobile, AT&T Wireless, and Verizon Wireless, along with various regional and international carriers.

The company owns 46,328 communications towers, consisting of 17,394 domestic sites across the United States and its territories and 28,934 international sites across 12 foreign markets in South America, Central America, and Africa. It also maintains three regional data centers, including two facilities in the United States and one in Brazil. SBA Communications Corporation is headquartered in Boca Raton, Florida, and employs 1,844 personnel across its corporate, regional, and international offices.

Summary of the business section of Sba Communications's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, we had 1,844 employees of which 663 were based outside of the U.S.”