SBA Communications Corporation (SBAC) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure.
SBA Communications Corporation (“SBA”) is hereby providing certain information regarding its business with T-Mobile US, Inc. (“T-Mobile”) and Sprint Corporation (“Sprint”). As of the third quarter ended September 30, 2016, T-Mobile and Sprint each represented approximately 16% of SBA’s total site leasing revenue. The revenue generated from each of T-Mobile and Sprint on overlapping sites represents less than 5% of SBA’s total site leasing revenue for the quarter ended September 30, 2016, excluding and incremental to the impact from previously disclosed expected consolidation churn from T-Mobile’s MetroPCS and Sprint’s Clearwire networks. In addition, these overlapping sites have an average remaining current term of approximately 3 years and 5 years with T-Mobile and Sprint, respectively.
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