
With a market cap of $24.7 billion, Boca Raton, Florida-based SBA Communications Corporation (SBAC) is a leading independent owner and operator of wireless communications infrastructure, including towers, buildings, rooftops, distributed antenna systems (DAS), and small cells.
Companies worth $10 billion or more are generally described as "large-cap stocks." SBAC falls squarely into this category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the specialty REIT industry. SBAC benefits from owning a portfolio of more than 39,000 communications sites throughout the Americas and in Africa, and being one of the biggest REITs as well.