<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBA COMMUNICATIONS 10-Q 3/31/00 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENT. </LEGEND> <PERIOD-TYPE> 3-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1999 DEC-31-2000 <PERIOD-START> JAN-01-1999 JAN-01-2000 <PERIOD-END> MAR-31-1999 MAR-31-2000 <CASH> 3,130,912 111,697,155 <SECURITIES> 0 0 <RECEIVABLES> 23,430,076 26,911,774 <ALLOWANCES> (785,299) (1,071,794) <INVENTORY> 0 0 <CURRENT-ASSETS> 33,611,213 149,027,278 <PP&E> 362,503,348 427,142,613 <DEPRECIATION> (23,611,835) (29,893,165) <TOTAL-ASSETS> 429,823,226 602,504,229 <CURRENT-LIABILITIES> 54,556,360 52,607,686 <BONDS> 186,041,542 191,516,653 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 291,910 390,990 <OTHER-SE> 109,049,538 344,807,597 <TOTAL-LIABILITY-AND-EQUITY> 48,582,247 274,715,969 <SALES> 13,716,301 30,429,025 <TOTAL-REVENUES> 13,716,301 30,429,025 <CGS> 9,000,701 19,577,878 <TOTAL-COSTS> 9,000,701 19,577,878 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 6,015,734 9,124,191 <INCOME-PRETAX> (7,992,850) (9,498,931) <INCOME-TAX> 785,582 (224,486) <INCOME-CONTINUING> (7,207,268) (9,723,417) <DISCONTINUED> 0 0 <EXTRAORDINARY> (1,149,954) 0 <CHANGES> 0 0 <NET-INCOME> (8,357,222) 0 <EPS-BASIC> (1.01) (.27) <EPS-DILUTED> (1.01) (.27)