SBA Communications lifts FY guidance after higher profit, revenues in Q3

Tuesday 3 November 2020 | 12:08 CET | News
Towers operator SBA Communications raised its full-year guidance after reporting a solid set of results for the third quarter, helped by a pick-up in US wireless customer activity. Outside of the US, leasing activity went higher than in the first half but the markets continue to be more impacted by the coronavirus pandemic than the US market, both operationally and economically. Still, SBA said that with improved financial results at many of its international wireless carrier customers, it is confident these markets will improve in terms of investment as the situation gets better. 

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Categories: Mobile & Wireless
Companies: SBA Communications
Countries: South Africa / World
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