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News Breaks | | | | September 17, 2012 | | 08:15 EDT |  | SBAC, DTEGY | SBA Communications reached deal with T-Mobile to extend 2,800 leases
SBA Communications (SBAC) disclosed that on September 14 the company reached an agreement with Deutsche Telekom's (DTEGY) T-Mobile USA to extend the remaining term on approximately 2,800 existing leases to an average of approximately 7 years, and granted T-Mobile rights to upgrade certain towers with radio equipment in connection with its network modernization plan. The terms of the agreement will result in SBA recognizing an increase in non-cash site rental revenue and increased annual cash escalations. SBA expects this agreement to contribute approximately $5M in site rental revenue, and approximately $1M in both Adjusted EBITDA and AFFO to SBA’s 2H results, the company said. | |
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News For SBAC;DTEGY From The Last 14 Days Check below for free stories on SBAC;DTEGY the last two weeks. |
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| May 17, 2013 | | 06:49 EDT |  | SBAC | SBA Communications initiated with an Overweight at Barclays
 Subscribe for More Information | | | May 15, 2013 | | 07:35 EDT |  | SBAC | JPMorgan to host a conference
41st Annual Global Technology, Media & Telecom Conference is being held in Boston on May 14-16 with webcasted company presentations to begin on May 15 at 8 am; not all company presentations may be webcasted. Webcast Link | |
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