Reported about 12 hours ago
SBA Communications has reported better-than-expected third-quarter results, with revenue of $732.3 million, surpassing estimates. The company benefits from steady demand for site leasing services, driven by mobile network operators' investments in 5G technology. As a result, SBA has raised its full-year revenue forecast to between $2.81 billion and $2.83 billion, highlighting strong consumer demand for advanced connectivity services.
Source: YAHOO