GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Baron Funds Comments on SBA Communications

February 20, 2013 | About:
Holly LaFon

Holly LaFon

267 followers
SBA Communications Corp. (SBAC) owns cellular communications towers and leases space on them to all major domestic wireless carriers. Its share price rose during the fourth quarter as the company continued to execute its business plan. As consumers use increasing amounts of wireless data bandwidth, carriers need to augment their networks by placing more equipment on towers, and SBA generates additional leasing revenue and cash flow from this activity.We also think SBA has an opportunity to grow internationally. Last quarter, SBA announced its first acquisition in Brazil. (Aaron Wasserman)

From Baron Funds' fourth quarter commentary.


Rating: 2.0/5 (1 vote)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK