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SBA Communications Corp Announces Acquisition of 800 Towers in Brazil


Wednesday, 26 Dec 2012 08:00am EST 

SBA Communications Corp announced it has launched operations in Brazil and on December 20, 2012, acquired 800 freestanding wireless towers from one of the leading broadband wireless carriers in Brazil. The consideration for the acquisition is R$362.8 million payable from cash on hand and borrowings under the Company's Revolving Credit Facility. 

Company Quote

106.17
-0.76 -0.71%
4:00pm EDT