CVC DIF has signed a definitive agreement to acquire SBA Communications' Canadian tower business, SBA Canada, a significant player in the wireless communications infrastructure sector in Canada.

Information on the Target

Established in 2009, SBA Communications' Canadian tower business, known as SBA Canada, is one of the largest independent wireless tower portfolios in Canada. The company operates a diversified network of approximately 500 owned and managed wireless communication sites, strategically positioned across high-growth urban, suburban, and rural markets. This portfolio is characterized by long-term contracts that include escalation mechanisms and provide extended site control, which enhances its revenue stability.

SBA Canada plays a crucial role in facilitating the expansion of next-generation 5G and broadband networks for mobile network operators and connectivity providers across Canada. With its significant infrastructure, the company is well-equipped to address the increasing demand for reliable wireless communication services.

Industry Overview in Canada

The wireless telecommunications industry in Canada is highly competitive, characterized by rapid technological advancements and the increasing deployment of 5G technology. As mobile operators strive to enhance customer experience and network cover