Fundz

SBA Communications Corporation

Boca Raton, Florida, United States · Hardware, Messaging And Telecommunications, Satellite Communication

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites throughout the Americas, Africa and in Asia, SBA is listed on NASDAQ under the symbol SBAC.

Key facts

Headquarters
Boca Raton, Florida, United States
Employees
1,844
Industries
Hardware, Messaging And Telecommunications, Satellite Communication
Status
Public (SBAC)
Website
www.sbasite.com
LinkedIn
Company page

Recent activity at SBA Communications Corporation

  • : SEC 8-K (1.01): On November 6, 2026, SBA Communications Corporation entered into a Term Loan Credit Agreement with an aggregate principal amount of $2.0 billion, which includes $1.165 billion of initial term loans that were fully drawn on the closing date. The $835 million of delayed draw term loan commitments can be accessed in up to three additional draws until May 6, 2027. The loans, which mature on November 6, 2029, may be used for general corporate purposes including repaying existing securities like the Secured Tower Revenue Securities, Series 2021-1C. The interest rates are tied to the Company's credit ratings, with terms allowing prepayment without penalty. This agreement is significant as it provides SBA Communications with substantial capital for future growth and debt management.
  • : SEC 8-K (2.03): On September 25, 2026, SBA Communications Corporation established a commercial paper program allowing for the issuance of short-term, unsecured commercial paper notes up to an aggregate principal amount of $2.5 billion. This program enables the Company to borrow, repay, and reborrow funds as needed, with notes maturing in a maximum of 397 days. The proceeds from these notes will be utilized for general corporate purposes, and they will rank equally with other unsecured and unsubordinated debts of the Company. This strategic move aims to enhance liquidity and ease funding for ongoing corporate activities.
  • : SEC 8-K (1.01): On July 23, 2026, SBA Communications Corporation closed its public offering of $1.35 billion aggregate principal amount of 4.875% Senior Notes due 2030, 5.150% Senior Notes due 2031, and $800 million aggregate principal amount of 5.450% Senior Notes due 2033. The proceeds from the offering were used to repay its senior secured term loan and outstanding borrowings under its revolving credit facility. The Notes, issued under a base indenture with U.S. Bank Trust Company, are senior unsecured obligations and will have interest rates of 4.875%, 5.150%, and 5.450% payable semi-annually, starting January 15, 2027. The indenture includes restrictions on the Company's ability to incur additional liens and merge with other entities, along with conditions for repurchase in case of a Change of Control Triggering Event.
  • : SEC 8-K (8.01): On July 14, 2026, SBA Communications Corporation filed a prospectus supplement relating to the offering of $3,500,000,000 aggregate principal amount of Senior Notes (including 4.875% notes due 2030, 5.150% notes due 2031, and 5.450% notes due 2033). The offering closed on July 23, 2026. This filing serves to include the legal opinion from Greenberg Traurig, P.A. regarding the legality of the issuance and sale of these notes. The Company aims to use proceeds from this offering for general corporate purposes, which may enhance its capital structure and facilitate future investments.
  • : SEC 8-K (1.01): On July 14, 2026, SBA Communications Corporation entered into an underwriting agreement with Morgan Stanley & Co. LLC, Barclays Capital Inc., Wells Fargo Securities, LLC, and Goldman Sachs & Co. LLC for the issuance and sale of $3,500,000,000 in aggregate principal amount of Senior Notes due in 2030, 2031, and 2033. The proceeds are intended to fully repay a senior secured term loan maturing January 25, 2031, and outstanding borrowings under the senior secured revolving credit facility maturing January 25, 2029. These notes are part of a registered public offering under the Company’s shelf registration statement. The transaction reflects strategic financial management by consolidating and refinancing existing debt obligations, thereby enhancing liquidity and potentially improving credit terms.
  • : SBA Communications Corporation Announces Executive Vice President Retirement
  • : SEC 8-K (5.02): On March 24, 2026, Mark Ciarfella, the Executive Vice President of U.S. Operations at SBA Communications Corporation, announced his intention to retire effective December 31, 2026. He will continue to serve as a non-executive employee until March 7, 2027, to ensure a seamless transition of duties. This change is significant as it involves a key leadership position within the company, potentially impacting the strategic direction and operational efficiency going forward.
  • : SEC 8-K (5.02): On March 24, 2026, Mark Ciarfella, the Executive Vice President of U.S. Operations at SBA Communications Corporation, announced his intention to retire from his position effective December 31, 2026. As part of the transition plan, he will remain in a non-executive role until March 7, 2027, to assist with the handover of his responsibilities. This change could impact operational continuity and strategic decision-making within the company as it prepares for his departure and the search for a successor.
  • : SBA Communications Announces Executive Officer Retirement and Appointments

Leadership

  • Mark Ciarfella, Executive Vice President
  • Nichole Thomas, Vice President
  • Donald Day, Vice President

Verified email and direct lines for SBA Communications Corporation’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.

Employee benefit plans

SBA Communications Corporation files 1 employee benefit plan with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.

SBA Communications Corporation in the news

Companies similar to SBA Communications Corporation

About SBA Communications Corporation: questions and answers

What does SBA Communications Corporation do?

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites throughout the Americas, Africa and in Asia, SBA is listed on NASDAQ under the symbol SBAC.

Where is SBA Communications Corporation headquartered?

SBA Communications Corporation is headquartered in Boca Raton, Florida, United States.

How many employees does SBA Communications Corporation have?

SBA Communications Corporation has about 1,844 employees.

Who leads SBA Communications Corporation?

Mark Ciarfella is an Executive Vice President at SBA Communications Corporation.

What is the latest news on SBA Communications Corporation?

On Nov 09, 2026, SEC 8-K (1.01): On November 6, 2026, SBA Communications Corporation entered into a Term Loan Credit Agreement with an aggregate principal amount of $2.0 billion, which includes $1.165 billion of initial term loans that were fully drawn on the closing date. The $835 million of delayed draw term loan

Is SBA Communications Corporation a public company?

Yes. SBA Communications Corporation is publicly traded under the ticker SBAC.

Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy

Fundz watches SBA Communications Corporation across 18 signal types, from funding and M&A to exec moves and hiring.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.