By John Celentano, Inside Towers Business Editor SBA Communications (NASDAQ: SBAC) may have even surprised itself with its 2Q21 results. The company said that Q2 results were ahead of expectations and that growth rates are “going up!”
The company said its domestic customers were “extremely active” throughout the quarter with network build and upgrade activity. SBAC pointed out that the main drivers of new leasing activity come from the Big 3 U.S. mobile network operators that account for 72 percent of SBACs global revenues.
Activities included T-Mobile’s nationwide 2.5 GHz Extended Range 5G coverage, Verizon’s site preparations for its upcoming C-band deployments, AT&T’s continuing FirstNet expansion, DISH Network’s readying for its 5G rollout and general coverage expansion work across the board. Continue Reading