On May 2, SBA Communications hosted its Q1 2016 earnings call. Representing the towerco were Jeffrey Stoops, President, CEO and Director, Mark DeRussy, CFA, VP of Finance and Brendan Cavanagh, CFO and EVP.
SBA reported net organic international cash leasing revenue growth of 12.1%, inclusive of 0.9% of churn, and organic growth in Brazil at 13.5%.
Brazil accounted for 6.6% of cash site leasing revenue, excluding pass-through revenues, and 9.6% of the total leasing revenue for Q1 2016. The actual tower cash flow for SBA’s international portfolios decreased 6.1% YoY (US$37mn). But the figure represents a 14.8%
