M&A Deal Summary

SBA Communications Acquires Light Tower Wireless

On July 22, 2008, SBA Communications acquired communications company Light Tower Wireless from Lightower Fiber Networks for 224M USD

Acquisition Highlights
  • This is SBA Communications’ 5th transaction in the Communications sector.
  • This is SBA Communications’ 3rd largest (disclosed) transaction.
  • This is SBA Communications’ 6th transaction in the United States.

M&A Deal Summary
Date 2008-07-22
Target Light Tower Wireless
Sector Communications
Buyer(s) SBA Communications
Sellers(s) Lightower Fiber Networks
Deal Type Divestiture
Deal Value 224M USD

Target

Light Tower Wireless

United States
Light Tower Wireless owns 340 wireless communication tower sites in 23 states, five managed sites and five distributed antenna system networks. The owned tower sites currently average 2.2 tenants per site. Light Tower Wireless is in the process of developing a number of additional towers and DAS networks.

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Buyer(S) 1

Buyer

SBA Communications

Boca Raton, Florida, United States
Category Company
Sector Communications
Employees1,483
Revenue 2.7B USD (2023)
DESCRIPTION
SBA corporate headquarters in Boca Raton, Florida.
SBA corporate headquarters in Boca Raton, Florida.

SBA Communications is an owner and operator of wireless communications infrastructure. SBA Communications is based in Boca Raton, Florida.

DEAL STATS #
Overall 6 of 10
Sector (Communications) 5 of 9
Type (Divestiture) 2 of 4
Country (United States) 6 of 10
Year (2008) 3 of 3
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-21 Optasite Holding

Boca Raton, Florida, United States

Optasite Holding Co., Inc. is a wireless telecommunications industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-05 Bay Communications

Mansfield, Massachusetts, United States

Bay Communications LLC is a provider of wireless communications infrastructure. They develop, own and manage communication towers throughout the Northeast and the United States.

Buy -

Seller(S) 1

SELLER

Lightower Fiber Networks

Boxborough, Massachusetts, United States
Category Company
Founded 2003
Sector Communications
DESCRIPTION

Lightower Fiber Networks LLC is a fiber network and broadband service provider in the Northeast, offering over 4,600 fiber route miles coupled with comprehensive transport, alternative access, and nationwide long haul services.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-06 DataNet Communications Group

Newburgh, New York, United States

DataNet Communications Group, Inc. (DataNet) is a facilities-based telecommunications provider that provides high-speed connectivity to businesses, telecommunications carriers, and educational, healthcare, and government institutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-07 Veroxity Technology Partners

Bedford, Massachusetts, United States

Veroxity Technology Partners, Inc. provides optical data and Internet protocol connectivity solutions to service enterprise customers.

Buy -
Mergr

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