SBA COMMUNICATIONS CORP
SBA Communications is a leading independent owner and operator of wireless communications infrastructure, including towers, rooftops, and other structures that support antennas used for wireless communications. The company's primary business line is its site leasing business, which accounts for over 97% of its total segment operating profit. SBA owns and operates towers in the United States and internationally, with a focus on expanding its tower portfolio through organic growth and strategic acquisitions. The company's website is [www.sbasite.com], and its ticker symbol is SBAC. SBA's business strategy includes maximizing tower capacity, capitalizing on its scale and management experience, and pursuing disciplined tower acquisitions. The company's site leasing business is classified into two reportable segments: domestic site leasing and international site leasing. Domestic site leasing generates revenue primarily from T-Mobile, AT&T Wireless, Verizon Wireless, and DISH Wireless, while international site leasing operates in 14 countries throughout South America, Central America, Canada, South Africa, the Philippines, and Tanzania. SBA's site development business, conducted in the United States only, provides end-to-end services to wireless service providers and complements the company's site leasing business. The company's primary competitors in the domestic and international site leasing business include large independent tower companies, wireless service providers, and alternative facilities such as rooftops, outdoor and indoor networks, billboards, utility poles, and electric transmission towers. The site development business is competitive and price-sensitive, with competitors offering individual or combinations of competing services. SBA has a dedicated sales force and a strategy to delegate sales efforts by geographic region or to those employees with the best relationships with wireless service providers. The company values diversity and invests in employee professional growth and development. SBA is committed to providing a safe and healthy work environment for its employees and complying with federal and environmental regulations.