NASDAQ, SBAC - SBA Communications
We are a leading independent owner and operator of wireless communications
towers in 47 of the 48 contiguous United States, Puerto Rico, and the U.S.
Virgin Islands. Our principal business line is our site leasing business, which
contributed 95.5% of our segment operating profit for the year ended
December 31, 2007. In our site leasing business, we lease antenna space to
wireless service providers on towers and other structures that we own, manage or
lease from others. The towers that we own have been constructed by us at the
request of a wireless service provider, constructed based on our own initiative
or acquired. As of December 31, 2007, we owned 6,220 towers, the substantial
majority of which have been built by us or built by other tower owners or
operators who, like us, have built such towers to lease space to wireless
service providers. ...
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