SBA Communications Corporation

2020 ANNUAL REPORT

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CONTENTS

01

INDUSTRY

PAGE

4

02

NETWORK BUILDOUTS

PAGE

7

03

SPECTRUM

PAGE

8

04

INTERNATIONAL

PAGE 11

05

CORPORATE RESPONSIBILITY

PAGE 12

06

SBA CARES

PAGE 15

07

MACRO TOWERS

PAGE 16

08

FINANCIAL HIGHLIGHTS

PAGE 18

09

TO OUR SHAREHOLDERS

PAGE 20

10

FORM 10-K

PAGE 25

ESSENTIAL INFRASTRUCTURE ®

4

01

MACRO TOWERS:

STRONG, STABLE,

ENDURING

In a year of unexpected change and uncertainty, macro towers stood tall, strong and resilient - enduring beacons of stability that continue to play an irreplaceable role in delivering the essential connections for carriers to provide cellular connectivity. As demand for mobile voice, video and data soared during the pandemic, the macro tower industry demonstrated the value and durability of its business model, providing the critical infrastructure for reliable wireless communications for businesses, municipalities, first responders, distance learning and telehealth needs.

YOUR SIGNAL STARTS HERE ®

2020 Annual Report | SBA Communications | sbasite.com

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SBA Communications Corporation published this content on 23 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 April 2021 16:59:05 UTC.