<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBA COMMUNICATIONS 10-Q 9/30/00 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS 9-MOS <FISCAL-YEAR-END> DEC-31-1999 DEC-31-2000 <PERIOD-START> JAN-01-1999 JAN-01-2000 <PERIOD-END> SEP-30-1999 SEP-30-2000 <CASH> 2,704,694 124,840,149 <SECURITIES> 0 0 <RECEIVABLES> 21,317,934 42,247,596 <ALLOWANCES> (720,298) (1,872,860) <INVENTORY> 0 0 <CURRENT-ASSETS> 32,344,807 183,965,242 <PP&E> 302,932,266 662,891,828 <DEPRECIATION> (18,423,599) (45,568,532) <TOTAL-ASSETS> 347,183,540 875,642,456 <CURRENT-LIABILITIES> 40,666,208 83,495,453 <BONDS> 180,673,810 203,010,214 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 287,459 459,304 <OTHER-SE> 97,728,766 613,654,857 <TOTAL-LIABILITY-AND-EQUITY> 347,183,540 875,642,456 <SALES> 57,732,566 114,326,914 <TOTAL-REVENUES> 57,732,566 114,326,914 <CGS> 38,436,201 73,378,226 <TOTAL-COSTS> 38,436,201 73,378,226 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 19,445,392 24,709,352 <INCOME-PRETAX> (24,330,042) (22,624,256) <INCOME-TAX> 403,003 (912,116) <INCOME-CONTINUING> (23,927,039) (23,536,372) <DISCONTINUED> 0 0 <EXTRAORDINARY> (1,149,954) 0 <CHANGES> 0 0 <NET-INCOME> (25,076,993) (23,536,372) <EPS-BASIC> (1.49) (0.60) <EPS-DILUTED> (1.49) (0.60)