SBAC

SBA Communications Corp (Class A) is a real‑estate investment trust that owns, operates, and develops wireless communications infrastructure such as towers, rooftops, small cells and distributed antenna systems. The company’s primary business model is to lease vertical space on these sites to mobile network operators, broadband providers and other wireless customers under long‑term contracts, while also offering site‑development services that include acquisition, zoning, permitting and construction support. It operates across the United States, Canada, Central and South America, and parts of Africa, making it one of the largest independent tower owners in the telecom‑infrastructure sector. SBA’s focus on multi‑tenant leasing and a growing portfolio of sites positions it as a key provider of the essential infrastructure that underpins mobile data, 5 G rollouts and emerging edge‑computing applications.