SBA Communications Corp - Ordinary Shares - Class A

SBA's second quarter results were in line with expectations, with good operational execution and financial performance.

The company has slightly lowered its full-year outlook for most financial measures due to recent weakening in foreign exchange rates. However, on a constant currency basis, the projected full-year results have been slightly increased.

Demand for mobile network infrastructure is expected to increase as mobile network consumption grows and fixed wireless access becomes more prevalent. This will require continued network investment by SBA's customers, presenting growth opportunities for the company.