SBAC
SBA Communications Corp
OpenVolumeMkt capP/EEPSDiv yield
Day – 52-wk –
Expected move
InputsNext report
Last report
Largest filed tie
13F top-10 QoQ
Top fund weight
SBA Communications has 3 disclosed suppliers and 22 disclosed customers in SEC filings.
Last report2 of 8 at or beyond impliedshaded = implied▲▼ = realized× = |realized| ÷ implied
SentenceDuring the year ended December 31, 2022, the Company closed on 1,445 sites from Airtel Tanzania for $ 176.1 million.
SBAC 10-Kaccession 0001034054-25-000002
SentenceDuring the year ended December 31, 2022, the Company acquired 2,632 sites from GTS in Brazil for $ 728.2 million, net of working capital adjustments.
SBAC 10-Kaccession 0001034054-25-000002
SentenceDuring the fourth quarter of 2024, we entered into an agreement to purchase over 7,000 communication sites in Central America from Millicom International Cellular S.A. ("Millicom") for approximately $975.0 million in cash.
SBAC 10-Kaccession 0001034054-25-000002
SentenceDomestic site leasing revenues increased $14.9 million for the year ended December 31, 2024, as compared to the prior year, primarily due to (1) organic site leasing growth , primarily from monetary lease amendments (due in part to our 2023 MLA with AT&T) and additional equipment added to our towers as well as new leases and contractual rent escalators and (2) revenues from 130 towers acquired and 39 towers built since January 1, 2023 , partially offset by lease non-renewals.
T-Mobile 69.9 % 71.5 % 80.1 %
SentenceIn addition to the Big 3 wireless carriers (T-Mobile, AT&T Wireless, Verizon Wireless), we have also provided services or leased space to a number of other customers during 2024 including: Airtel Tanzania Freedom Mobile Tigo C Spire (f/k/a Cellular South) Liberty Technologies TIM Claro MTN Telefonica Digicel SouthernLinc U.S. Cellular Echostar (f/k/a DISH Wireless) Telkom Vodacom
SBAC 10-Kaccession 0001034054-25-000002
SentenceIn addition to the Big 3 wireless carriers (T-Mobile, AT&T Wireless, Verizon Wireless), we have also provided services or leased space to a number of other customers during 2024 including: Airtel Tanzania Freedom Mobile Tigo C Spire (f/k/a Cellular South) Liberty Technologies TIM Claro MTN Telefonica Digicel SouthernLinc U.S. Cellular Echostar (f/k/a DISH Wireless) Telkom Vodacom
SBAC 10-Kaccession 0001034054-25-000002
SentenceClaro 19.2 % 20.2 % 19.0 %
SBAC 10-Kaccession 0001034054-25-000002
SentenceIn addition to the Big 3 wireless carriers (T-Mobile, AT&T Wireless, Verizon Wireless), we have also provided services or leased space to a number of other customers during 2024 including: Airtel Tanzania Freedom Mobile Tigo C Spire (f/k/a Cellular South) Liberty Technologies TIM Claro MTN Telefonica Digicel SouthernLinc U.S. Cellular Echostar (f/k/a DISH Wireless) Telkom Vodacom
SBAC 10-Kaccession 0001034054-25-000002
SentenceIn addition to the Big 3 wireless carriers (T-Mobile, AT&T Wireless, Verizon Wireless), we have also provided services or leased space to a number of other customers during 2024 including: Airtel Tanzania Freedom Mobile Tigo C Spire (f/k/a Cellular South) Liberty Technologies TIM Claro MTN Telefonica Digicel SouthernLinc U.S. Cellular Echostar (f/k/a DISH Wireless) Telkom Vodacom
SBAC 10-Kaccession 0001034054-25-000002
SentenceIn addition to the Big 3 wireless carriers (T-Mobile, AT&T Wireless, Verizon Wireless), we have also provided services or leased space to a number of other customers during 2024 including: Airtel Tanzania Freedom Mobile Tigo C Spire (f/k/a Cellular South) Liberty Technologies TIM Claro MTN Telefonica Digicel SouthernLinc U.S. Cellular Echostar (f/k/a DISH Wireless) Telkom Vodacom
SBAC 10-Kaccession 0001034054-25-000002
SentenceIn addition to the Big 3 wireless carriers (T-Mobile, AT&T Wireless, Verizon Wireless), we have also provided services or leased space to a number of other customers during 2024 including: Airtel Tanzania Freedom Mobile Tigo C Spire (f/k/a Cellular South) Liberty Technologies TIM Claro MTN Telefonica Digicel SouthernLinc U.S. Cellular Echostar (f/k/a DISH Wireless) Telkom Vodacom
SBAC 10-Kaccession 0001034054-25-000002
SentenceAdditionally, as part of the purchase agreement, we have agreed to a seven-year exclusivity right with Millicom for us to build up to 2,500 build-to-suit sites in Central America for Millicom with new leases on any sites built having an initial lease term of 15 years.
SBAC 10-Kaccession 0001034054-25-000002
SentenceAdditionally, as part of the purchase agreement, we have agreed to a seven-year exclusivity right with Millicom for us to build up to 2,500 build-to-suit sites in Central America for Millicom with new leases on any sites built having an initial lease term of 15 years.
SBAC 10-Kaccession 0001034054-25-000002
SentenceIn addition to the Big 3 wireless carriers (T-Mobile, AT&T Wireless, Verizon Wireless), we have also provided services or leased space to a number of other customers during 2024 including: Airtel Tanzania Freedom Mobile Tigo C Spire (f/k/a Cellular South) Liberty Technologies TIM Claro MTN Telefonica Digicel SouthernLinc U.S. Cellular Echostar (f/k/a DISH Wireless) Telkom Vodacom
SBAC 10-Kaccession 0001034054-25-000002
SentenceIn addition to the Big 3 wireless carriers (T-Mobile, AT&T Wireless, Verizon Wireless), we have also provided services or leased space to a number of other customers during 2024 including: Airtel Tanzania Freedom Mobile Tigo C Spire (f/k/a Cellular South) Liberty Technologies TIM Claro MTN Telefonica Digicel SouthernLinc U.S. Cellular Echostar (f/k/a DISH Wireless) Telkom Vodacom
SBAC 10-Kaccession 0001034054-25-000002
SentenceIn our domestic markets, we currently expect churn to represent an aggregate of between $132.0 million and $136.0 million of cash site leasing revenue due in part to Sprint and EchoStar churn.
SBAC 10-Kaccession 0001034054-26-000002
SentenceTelefonica 21.3 % 22.5 % 20.7 %
SBAC 10-Kaccession 0001034054-25-000002
SentenceIn addition to the Big 3 wireless carriers (T-Mobile, AT&T Wireless, Verizon Wireless), we have also provided services or leased space to a number of other customers during 2024 including: Airtel Tanzania Freedom Mobile Tigo C Spire (f/k/a Cellular South) Liberty Technologies TIM Claro MTN Telefonica Digicel SouthernLinc U.S. Cellular Echostar (f/k/a DISH Wireless) Telkom Vodacom
SBAC 10-Kaccession 0001034054-25-000002
SentenceIn addition to the Big 3 wireless carriers (T-Mobile, AT&T Wireless, Verizon Wireless), we have also provided services or leased space to a number of other customers during 2024 including: Airtel Tanzania Freedom Mobile Tigo C Spire (f/k/a Cellular South) Liberty Technologies TIM Claro MTN Telefonica Digicel SouthernLinc U.S. Cellular Echostar (f/k/a DISH Wireless) Telkom Vodacom
SBAC 10-Kaccession 0001034054-25-000002
SentenceTIM 15.9 % 15.7 % 17.3 %
SBAC 10-Kaccession 0001034054-25-000002
SentenceIn addition to the Big 3 wireless carriers (T-Mobile, AT&T Wireless, Verizon Wireless), we have also provided services or leased space to a number of other customers during 2024 including: Airtel Tanzania Freedom Mobile Tigo C Spire (f/k/a Cellular South) Liberty Technologies TIM Claro MTN Telefonica Digicel SouthernLinc U.S. Cellular Echostar (f/k/a DISH Wireless) Telkom Vodacom
SBAC 10-Kaccession 0001034054-25-000002
SentenceIn addition to the Big 3 wireless carriers (T-Mobile, AT&T Wireless, Verizon Wireless), we have also provided services or leased space to a number of other customers during 2024 including: Airtel Tanzania Freedom Mobile Tigo C Spire (f/k/a Cellular South) Liberty Technologies TIM Claro MTN Telefonica Digicel SouthernLinc U.S. Cellular Echostar (f/k/a DISH Wireless) Telkom Vodacom
SBAC 10-Kaccession 0001034054-25-000002
+4.66%
vs ±5.7% implied · ×0.81
shaded = implied · ▲▼ = realized
SBA Communications Corp
187.87
Linked news
Expected move
Inputs8Q avg ±3.9%·×1.67·rich
straddle ±7.7%
spot 187.15exp Nov 20ATM strike 185ATM straddle 16.90IV 47%