SBA COMMUNICATIONS CORPORATION

(SBAC)
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Delayed Nasdaq  -  05/20 04:00:00 pm EDT
326.62 USD   +2.35%
05/19TRANSCRIPT : SBA Communications Corporation Presents at MoffettNathanson Annual Media & Communications Summit, May-19-2022 01:00 PM
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05/18SBA COMMUNICATIONS CORPORATION : Ex-dividend day for
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05/13SBA COMMUNICATIONS CORP : Submission of Matters to a Vote of Security Holders (form 8-K)
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Paradigm Infrastructure Limited and SBA Communications Corporation acquired Telecommunications Tower Assets Of Airtel Africa In Tanzania from Airtel Africa Plc for approximately $180 million.

01/05/2022 EDT

Paradigm Infrastructure Limited and SBA Communications Corporation (NasdaqGS:SBAC) acquired Telecommunications Tower Assets Of Airtel Africa In Tanzania from Airtel Africa Plc (LSE:AAF) for approximately $180 million on January 5, 2022. Approximately $159m of the proceeds for the transaction has now been paid, with the balance payable in instalments upon the completion of the transfer of remaining towers to the Purchaser. Around $60m from the proceeds will be used to invest in network and sales infrastructure in Tanzania and for distribution to the Government of Tanzania, as per the settlement described in the Airtel Africa IPO Prospectus document published in June 2019. The balance of the proceeds will be used to reduce debt at Group level. Paradigm Infrastructure Limited and SBA Communications Corporation (NasdaqGS:SBAC) completed the acquisition of Telecommunications Tower Assets Of Airtel Africa In Tanzania from Airtel Africa Plc (LSE:AAF) for approximately $180 million on January 5, 2022.


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All news about SBA COMMUNICATIONS CORPORATION
05/19TRANSCRIPT : SBA Communications Corporation Presents at MoffettNathanson Annual Media & Co..
CI
05/18SBA COMMUNICATIONS CORPORATION : Ex-dividend day for
FA
05/13SBA COMMUNICATIONS CORP : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
05/11SBA Communications Corporation to Speak at the RBC Global Communications Infrastructure..
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05/10SBA Communications Corporation to Speak at The JP Morgan 50th Annual Global Technology,..
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05/06SBA Communications Corporation to Speak at the Ninth Annual MoffettNathanson Media & Co..
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05/02RBC Raises Price Target on SBA Communications to $382 From $370, Maintains Outperform R..
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04/29SBA COMMUNICATIONS CORP MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AN..
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04/27Deutsche Bank Adjusts SBA Communications' Price Target to $375 From $365, Maintains Buy..
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04/26Goldman Sachs Raises SBA Communications Price Target to $424 From $420, Maintains Buy R..
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Financials (USD)
Sales 2022 2 515 M - -
Net income 2022 495 M - -
Net Debt 2022 12 735 M - -
P/E ratio 2022 72,0x
Yield 2022 0,87%
Capitalization 35 219 M 35 219 M -
EV / Sales 2022 19,1x
EV / Sales 2023 18,4x
Nbr of Employees 1 596
Free-Float 98,7%
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Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 326,62 $
Average target price 380,94 $
Spread / Average Target 16,6%
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Managers and Directors
Jeffrey A. Stoops Chairman & President
Brendan Thomas Cavanagh Chief Accounting Officer & Vice President
Steven E. Bernstein Chairman
Jorge Grau Chief Information Officer & Vice President
Dipan D. Patel Executive Vice President-Strategy & Technology
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