| Business Summary | | SBA
Communications
Corp.
is
an
independent
owner
and
operator
of
wireless
communications
towers
in
the
United
States.
The
Company
generates
revenues
from
its
two
primary
businesses,
site
leasing
and
site
development.
In
its
site
leasing
business,
the
Company
leases
antenna
space
on
towers
and
other
structures
that
it
owns
or
manages
for
others.
As
of
December
31,
2000,
the
Company
owned
or
controlled
2,390
towers
and
had
agreements
to
acquire
677
towers.
In
its
site
development
business,
the
Company
offers
wireless
service
providers
assistance
in
developing
their
own
networks,
including
designing
a
network
with
full
signal
coverage,
identifying
and
acquiring
locations
to
place
their
antennas,
obtaining
zoning
approvals,
building
towers
when
necessary
and
installing
their
antennas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SBA
Communications
is
an
independent
nationwide
owner
and
operator
of
wirelesss
communications
infrastructure,
focusing
on
the
leasing
of
antenna
space
on
multi-tenant
towers
to
wireless
service
providers.
For
the
six
months
ended
6/01,
revenues
rose
61%
to
$110.7
million.
Net
loss
before
extraordinary
item
rose
from
$17.6
million
to
$41.2
million.
Results
reflect
higher
site
consulting
and
construction
revenues,
offset
by
higher
depreciation
expenses
due
to
higher
amount
of
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Steven Bernstein, 40 Chairman,
CEO | $341K | -- | Jeffrey Stoops, 42 Pres,
Director | 332K | $11.2M | John Marino, 37 CFO,
Sr. VP | 183K | 1.3M | Ronald Bizick, ll, 33 Exec.
VP and COO -- United States Site Devel. | 267K | 1.4M | Michael Simkin, 48 Exec.
VP -- International | 257K | 3.6M | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|