Welcome to our dedicated page for Sba Communications news (Ticker: SBAC), a resource for investors and traders seeking the latest updates and insights on Sba Communications stock.
SBA Communications Corporation (SBAC), a leading real estate investment trust in wireless infrastructure, provides essential foundation for global mobile networks through its tower leasing and site development services. This dedicated news hub offers investors and industry professionals centralized access to critical updates shaping the company's market position.
Monitor official press releases alongside curated analysis of strategic developments including tower portfolio expansions, 5G infrastructure partnerships, and regulatory milestones. Our repository simplifies tracking of earnings announcements, capital allocation strategies, and operational updates that influence SBAC's performance in the telecommunications REIT sector.
Key content categories include quarterly financial disclosures, infrastructure acquisition alerts, and technology deployment timelines. The curated selection enables efficient analysis of how SBAC's dual revenue streams – tower colocation fees and site development services – respond to evolving wireless demands.
Bookmark this page for streamlined monitoring of SBAC's role in enabling next-generation networks. Return regularly to stay informed about contractual renewals with major carriers and international expansion efforts in high-growth markets.
SBA Communications Corporation (NASDAQ: SBAC) announces that President and CEO Jeffrey A. Stoops will speak at the 2021 Citi Virtual Global Property CEO Conference on March 8, 2021, at 1:15 PM ET. The conference will be held virtually, and interested parties can access the audio presentation through www.sbasite.com. SBA, a leading independent operator of wireless communications infrastructure, manages over 33,000 sites across the Americas and South Africa and is a prominent S&P 500 company.
SBA Communications Corporation (Nasdaq: SBAC) reported strong fourth-quarter results for 2020, featuring a net income of $105.8 million or $0.94 per share, and site leasing revenue of $493.0 million. The AFFO per share grew 18.8% year-over-year. A quarterly cash dividend of $0.58 per share was declared, reflecting a 25% increase. The company also executed share buybacks and signed a new lease agreement with Dish. CEO Jeffrey A. Stoops expressed confidence in future growth due to upcoming spectrum auctions and a favorable financing environment.
DISH Network and SBA Communications have signed a long-term master lease agreement granting DISH access to SBA's extensive wireless communication sites, crucial for DISH's nationwide 5G network deployment. The agreement includes various pre-construction functions such as site acquisition and regulatory compliance. DISH's Executive VP Dave Mayo emphasized the importance of this collaboration in enhancing their 5G infrastructure. SBA's CEO Jeff Stoops expressed confidence in supporting DISH's network efforts. DISH aims to innovate with its cloud-native, Open RAN-based 5G services.
SBA Communications Corporation (NASDAQ: SBAC) announces that its President and CEO, Jeffrey A. Stoops, will speak at the virtual Morgan Stanley Technology, Media and Telecom Conference on March 2, 2021, at 9:30 AM ET. Interested parties can access the audio presentation through the company’s website at www.sbasite.com. SBA is a leading operator of wireless communications infrastructure with over 32,000 sites across the Americas and South Africa and is listed on the S&P 500 as a top Real Estate Investment Trust (REIT).
SBA Communications Corporation (NASDAQ: SBAC) will have its CFO, Brendan Cavanagh, present at the Raymond James 42nd Annual Institutional Investors Conference on March 1, 2021, at 10:00 am ET. This will be a virtual event, and interested participants can access the audio presentation on www.sbasite.com.
SBA is a prominent owner and operator in the wireless communications infrastructure sector, boasting over 32,000 communications sites across fourteen markets. As a top REIT, SBA is listed on NASDAQ under the symbol SBAC.
SBA Communications Corporation (NASDAQ: SBAC) will release its fourth quarter results on February 22, 2021, after market close. A conference call is scheduled for the same day at 5:00 PM (EDT) to discuss the results. Investors can access the call by dialing 877-692-8955 with the access code 1527350. A replay of the call will be available from 11:00 PM on February 22 until March 8, 2021, at (866) 207-1041, access code 4810660. SBA, part of the S&P 500, operates over 32,000 communications sites across the Americas and South Africa.
SBA Communications Corporation (Nasdaq: SBAC) has announced year-end tax reporting details for its 2020 distributions. Shareholders are recommended to consult personal tax advisors regarding the treatment of these distributions. Key details include cash distributions of $0.465 per share across four payment dates: March 26, June 18, September 22, and December 17, 2020. All distributions qualify as ordinary taxable dividends, with no unrecaptured section 1250 gains or non-dividend distributions reported for the year. The announcement underscores SBA's position as a key player in wireless infrastructure.
SBA Communications Corporation (NASDAQ: SBAC) has priced a $1.5 billion offering of senior notes due 2029, with a fixed interest rate of 3.125%. The offering is set to close on January 29, 2021. The proceeds will be used to redeem its outstanding 4.000% Senior Notes due 2022, repay amounts under its Revolving Credit Facility, and for general corporate purposes. The Notes will be offered only to qualified institutional buyers and certain non-U.S. persons. This move signals SBA's ongoing strategies to manage debt and finance operations efficiently.
SBA Communications Corporation (NASDAQ: SBAC) has initiated a private offering of $1.5 billion in senior notes due in 2029. The net proceeds will be utilized to redeem $750 million of its 4.000% Senior Notes due in 2022, repay amounts under its Revolving Credit Facility, and for general corporate purposes. The redemption of the 2017 Notes is scheduled for February 11, 2021. The notes will be offered only to qualified institutional buyers in the U.S. and certain non-U.S. persons, and they have not been registered under the Securities Act.
SBA Communications Corporation (NASDAQ: SBAC) has announced that its Chief Financial Officer, Brendan Cavanagh, will present at the Citi 2021 Global TMT West Virtual Conference on January 5, 2021, at 2:00 PM ET. The event can be accessed via www.sbasite.com. SBA is a prominent independent operator of wireless communications infrastructure, boasting over 32,000 sites across 14 markets in the Americas and South Africa. The company is a member of the S&P 500 and ranks among the top 20 Real Estate Investment Trusts (REITs) by market capitalization.
