{"id":838660,"date":"2024-07-30T09:35:12","date_gmt":"2024-07-30T04:05:12","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=838660"},"modified":"2024-07-30T09:35:12","modified_gmt":"2024-07-30T04:05:12","slug":"sba-communications-cuts-annual-revenue-forecast-signals-slower-5g-leasing-activity","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/30\/sba-communications-cuts-annual-revenue-forecast-signals-slower-5g-leasing-activity\/","title":{"rendered":"SBA Communications cuts annual revenue forecast, signals slower 5G leasing activity"},"content":{"rendered":"<p>Wireless tower operator SBA Communications trimmed its annual revenue forecast again on Monday, after missing Wall Street estimates for second-quarter revenue, indicating a slower 5G leasing activity.<\/p>\n<p>Shares of Florida-based SBA Communications fell more than 4% in extended trading.<\/p>\n<p>High interest rates have forced wireless carriers to keep a tight leash on their budgets after the initial roll-out of 5G network, hitting demand for companies such as SBA Communications.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wireless tower operator SBA Communications trimmed its annual revenue forecast again on Monday, after missing Wall Street estimates for second-quarter revenue, indicating a slower 5G leasing activity. Shares of Florida-based SBA Communications fell more than 4% in extended trading. High interest rates have forced wireless carriers to keep a tight leash on their budgets after the initial roll-out of 5G network, hitting demand for companies such as SBA Communications.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-838660","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/838660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=838660"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/838660\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=838660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=838660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=838660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}