SBA Communications

Barclays appoints Na Wei as Global Head of Leveraged Finance

Retrieved on: 
Tuesday, February 6, 2024

Barclays today announces the appointment of Na Wei as Global Head of Leveraged Finance, reporting to Travis Barnes and Tom Johnson, Global Co-Heads of Capital Markets at Barclays.

Key Points: 
  • Barclays today announces the appointment of Na Wei as Global Head of Leveraged Finance, reporting to Travis Barnes and Tom Johnson, Global Co-Heads of Capital Markets at Barclays.
  • Under Ms. Wei’s leadership of Barclays’ Leveraged Finance business in EMEA the firm achieved a top three ranking in 2023 according to Dealogic data, up from number seven in 2022.
  • Ms. Wei has also been instrumental in materially increasing Barclays’ market share with the firm’s top twenty Financial Sponsors clients.
  • Barclays has a strong Leveraged Finance franchise, with a year to date global ranking of number three according to Dealogic data.

SBA Communications Announces Executive Officer Retirement and Appointments

Retrieved on: 
Friday, February 2, 2024

SBA Communications Corporation (NASDAQ: SBAC) (“SBA” or the “Company”) today announced that long-term industry veteran, Jason Silberstein, Executive Vice President, Site Leasing will retire from his current title and role effective August 1, 2024.

Key Points: 
  • SBA Communications Corporation (NASDAQ: SBAC) (“SBA” or the “Company”) today announced that long-term industry veteran, Jason Silberstein, Executive Vice President, Site Leasing will retire from his current title and role effective August 1, 2024.
  • Mr. Day has been with SBA for 13 years, most recently serving as Senior Vice President, Services.
  • Jason’s leadership and industry expertise were critical in growing SBA into the organization we are today,” stated Brendan Cavanagh, President and Chief Executive Officer of SBA Communications.
  • He joined SBA in May 2011 as the North Regional Vice President and was promoted to Vice President – Services in January 2013.

Telecom Tower Market Set for Growth, Forecasts to 2030 Highlight Adoption of Advanced Wireless Data Applications in North America

Retrieved on: 
Saturday, February 3, 2024

DUBLIN, Feb. 2, 2024 /PRNewswire/ -- The "Telecom Tower Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 2, 2024 /PRNewswire/ -- The "Telecom Tower Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global telecom tower market is poised for expansion, with growing mobile connectivity and increased data traffic driving the demand for telecom tower installations across the world.
  • Fueled by ubiquitous mobile phone reach, heightened competition among service providers, and a rise in the number of telecom operators, the telecom tower market is on track to achieve a significant valuation by 2030.
  • Key Insights from the Global Telecom Tower Market Report:
    A detailed analysis showing sizable growth projections in both rooftop and ground-based telecom tower installations.

Global Energy Consumption in the Network Operator Industry Analysis Report 2019-2022: New 2023 Report that Focuses on Telcos, Webscalers, and Carrier-Neutral Operators (CNNOs)

Retrieved on: 
Wednesday, October 25, 2023

This brief examines energy consumption in the network operator industry, spanning telcos, webscalers, and carrier-neutral operators (CNNOs).

Key Points: 
  • This brief examines energy consumption in the network operator industry, spanning telcos, webscalers, and carrier-neutral operators (CNNOs).
  • The report assesses energy consumption trends alongside revenues and other metrics, and highlights energy efficiency tactics being implemented by key operators.
  • As such, there is a lot of well-deserved attention paid to energy consumption patterns in the network operator industry.
  • Webscale energy consumption grew the fastest in 2022, up 16% YoY, pushing up the sector's share of total energy consumption by network operators to 25.1%.

SBA Communications Appoints Marc Montagner as Chief Financial Officer

Retrieved on: 
Wednesday, September 13, 2023

SBA Communications Corporation (NASDAQ: SBAC) (“SBA” or the “Company”) today announced that Marc Montagner, a telecommunications and finance executive with over 30 years of experience, has been appointed as the next Executive Vice President & Chief Financial Officer of SBA, effective January 1, 2024.

Key Points: 
  • SBA Communications Corporation (NASDAQ: SBAC) (“SBA” or the “Company”) today announced that Marc Montagner, a telecommunications and finance executive with over 30 years of experience, has been appointed as the next Executive Vice President & Chief Financial Officer of SBA, effective January 1, 2024.
  • Mr. Montagner’s appointment follows the Company’s previously announced CEO succession plan, pursuant to which Brendan Cavanagh, currently the Company’s Executive Vice President & Chief Financial Officer, will succeed Jeffrey Stoops as President and Chief Executive Officer, effective January 1, 2024.
  • “I have strong convictions about the growth opportunities that lie ahead for SBA both in the United States and internationally, and I look forward to working with the team to create value for shareholders and customers.”
    Mr. Montagner served as Chief Financial Officer and Chief Risk Officer of Endurance International, a publicly traded software-as-a-service company, from 2015 to 2021, and as Chief Financial Officer of LightSquared, a satellite communications company, from 2012 to 2015.
  • Mr. Montagner will join SBA on October 17, 2023, as Executive Vice President - Finance prior to assuming the Chief Financial Officer position on January 1, 2024.

Multinational Businesses Cheer UKG Acquisition of Immedis

Retrieved on: 
Wednesday, July 12, 2023

With the acquisition closing, UKG announced the immediate launch of UKG One View, a multi-country payroll experience that instantly modernizes and reimagines the traditionally fragmented, costly, and cumbersome global payroll model.

Key Points: 
  • With the acquisition closing, UKG announced the immediate launch of UKG One View, a multi-country payroll experience that instantly modernizes and reimagines the traditionally fragmented, costly, and cumbersome global payroll model.
  • “The combination of UKG and Immedis creates a synergy that will deliver an innovative one-stop shop for employee timekeeping and payroll, no matter where in the world a company has people.
  • “UKG is the perfect place for Immedis and its subject matter experts.
  • “We expect that UKG One View will deliver on UKG’s promise to help multinational organizations reduce costs, minimize processing time, and mitigate compliance.

Vertical Bridge Names Ronald Bizick President and Chief Executive Officer

Retrieved on: 
Friday, May 5, 2023

BOCA RATON, Fla., May 5, 2023 /PRNewswire-PRWeb/ -- Vertical Bridge REIT, LLC ("Vertical Bridge" or "the Company"), the largest private owner and operator of communications infrastructure in the United States, today announced the appointment of Ronald G. Bizick, II as President and Chief Executive Officer effective May 2, 2023. Mr. Bizick has served as President and Chief Operating Officer since joining the Company in March 2022. Current CEO and Co-Founder Alex Gellman will become Executive Chairman and remain active in steering the strategy and investments of the Company.

Key Points: 
  • Vertical Bridge announces the appointment of Ronald G. Bizick, II as President and Chief Executive Officer.
  • BOCA RATON, Fla., May 5, 2023 /PRNewswire-PRWeb/ -- Vertical Bridge REIT, LLC ("Vertical Bridge" or "the Company"), the largest private owner and operator of communications infrastructure in the United States, today announced the appointment of Ronald G. Bizick, II as President and Chief Executive Officer effective May 2, 2023.
  • Mr. Bizick has served as President and Chief Operating Officer since joining the Company in March 2022.
  • Mr. Bizick brings 34 years of telecommunications infrastructure experience to the role of President and CEO of Vertical Bridge.

Florida Small Business Development Center (SBDC) Accepts Coveted National Small Business Week (NSBW) 'SBDC Excellence and Innovation Award' in Nation's Capital

Retrieved on: 
Wednesday, May 3, 2023

The FSBDC was recognized as the Florida SBDC Network Center of the Year for 2022, putting it in line to compete for the national award this year.

Key Points: 
  • The FSBDC was recognized as the Florida SBDC Network Center of the Year for 2022, putting it in line to compete for the national award this year.
  • Leading up to the state award was the center's impact in 2021, where 2,051 businesses were assisted with 20,660 consulting hours.
  • FSBDC consists of 20 highly knowledgeable business consultants who offer assistance with access to capital, investment business plans, financial management, government contracting, market analysis, and more.
  • We are proud of the SBDC at FIU and all the SBDCs and small business clients who have won district, state, region, and national awards this National Small Business Week."

Global Telecom Towers Market Report to 2027: Connecting/Improving Connectivity to Rural Areas and Improving & Catering to Increasing Data Needs Drives Growth

Retrieved on: 
Tuesday, March 7, 2023

The increasing emphasis on improving internet connectivity in rural areas is one of the major factors stimulating the deployment and improvisation of the telecom infrastructure in these areas, thereby aiding the market's growth.

Key Points: 
  • The increasing emphasis on improving internet connectivity in rural areas is one of the major factors stimulating the deployment and improvisation of the telecom infrastructure in these areas, thereby aiding the market's growth.
  • Smartphone penetration, raising awareness, increasing penetration of digital technologies, and investments from several organizations and governments are increasing the adoption of internet connection in these regions.
  • In the operator-owned telecom tower segment of the market studied, multiple mobile network operators (MNOs) are responsible for the towers' construction, functioning, and maintenance.
  • The initiative is part of Rogers' ongoing commitment to expand service and improve connectivity for underserved communities, including rural and remote regions.

HELLO ALICE & SQUARE UNVEIL NEW DATA ON HISPANIC SMALL BUSINESS CHALLENGES AND OPPORTUNITIES

Retrieved on: 
Wednesday, October 5, 2022

HOUSTON, Oct. 5, 2022 /PRNewswire/ -- Today, Hello Alice and Square unveiled a new study to outline the challenges and opportunities faced by Hispanic-owned small businesses and to provide resources to meet their needs. Hello Alice, the free platform helping over one million small businesses grow, released this latest survey report in honor of Hispanic Heritage Month. The survey was conducted in partnership with Square, the technology company helping sellers of all sizes run and grow their businesses, and The United States Hispanic Chamber of Commerce (USHCC).

Key Points: 
  • The survey, conducted in partnership with the United States Hispanic Chamber of Commerce, reveals the biggest challenges facing Hispanic small business owners
    HOUSTON, Oct. 5, 2022 /PRNewswire/ -- Today, Hello Alice and Square unveiled a new study to outline the challenges and opportunities faced by Hispanic-owned small businesses and to provide resources to meet their needs.
  • Hello Alice, the free platform helping over one million small businesses grow, released this latest survey report in honor of Hispanic Heritage Month.
  • Founded by Carolyn Rodz and Elizabeth Gore, Hello Alice is a free platform serving more than one million small business owners across the United States.
  • Working with enterprise business services, ecosystem partners, affiliates, and government agencies, Hello Alice provides its growing community with everything they need to grow their businesses.