Signal active
Investment Firm
Overview
SBA Communications is a wireless Internet installer for many countries. It is an independent owner and operator of wireless communications infrastructure across North, Central, and South America. In their site leasing business, they lease antenna space on their multi-tenant towers and other structures to a variety of wireless service providers under long-term lease contracts. Its site development business offers wireless service providers and operators assistance in developing their own networks through site acquisition, zoning, construction, and equipment installation. SBA owns and operates towers in Brazil, Canada, Costa Rica, Ecuador, El Salvador, Guatemala, Nicaragua, and Panama.
SBA Communications is a U.S.-based company that was founded in 1999.
Highlights
1989
Telecommunications
1001-5000
2
1
undefined
Late Stage Venture
N/A
Location
Boca Raton, Florida, United States, North America
Contact Information
Social
Profile Resume
SBA Communications, established in 1989 and headquartered in United States, North America., specializes in Late Stage Venture investments across Telecommunications, Communications Infrastructure, Service Industry, Wireless, Venture Capital, Finance, Hardware, Financial Services, Enterprise Software, Market Research. Their recent investments include ExteNet Systems, CenterPoint Venture Partners, Palomar Ventures, Sevin Rosen Funds, Centennial Ventures. The highest investment round they participated in was $14.8B. Among their most notable exits are ExteNet Systems and CenterPoint Venture Partners. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
2
0
1
undefined
Investments
2
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Jan 25, 2010 | ExteNet Systems | Telecommunications | 128.4M |
Sep 04, 2019 | Federated Wireless | Cloud Computing | 51.0M |
Exits
0
Funding Timeline
2
1
0
Funding Rounds
2
SBA Communications has raised 2 rounds. Their latest funding was raised on Sep 04, 2019 from a Series C - Federated Wireless round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Jan 25, 2010 | Venture Round - ExteNet Systems | - | 128.4M | - |
Sep 04, 2019 | Series C - Federated Wireless | - | 51.0M | - |
Investors
2
SBA Communications is funded by 2 investor(s). TA Associates Kantor is the most recent investors.
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
TA Associates | Yes | Private Equity Round - SBA Communications | 0 |
- | No | Post-IPO Debt - SBA Communications | 4050.0M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
News
Jul 29, 2024
MarketScreener - SBA Communications cuts annual revenue forecast, signals slower 5G leasing activity
News
Jul 29, 2024
SeekingAlpha - SBA Communications stock slumps after full-year forecast trim, mixed Q2 report
News
Jul 29, 2024
SeekingAlpha - SBA Communications FFO of $3.29 beats by $0.10, revenue of $660.5M misses by $7.17M
News
Jul 15, 2024
SeekingAlpha - Wells Fargo cuts rating on SBA Communications on tower leasing softness
News
Jul 10, 2024
thefly.com - SBA Communications Chief Accounting Officer, Brian Lazarus, to resign
News
Jun 20, 2024
Benzinga - Is It Wise to Retain SBA Communications Stock for Now?