8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K


              CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934.



                    Date of Report        November 13, 2001


                         SBA COMMUNICATIONS CORPORATION
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)


           Florida                     000-30110                 65-0716501
- -------------------------------------------------------------------------------
  (State or other jurisdiction     Commission File Number    (I.R.S. Employer
of incorporation or organization)                           Identification No.)



 One Town Center Road, Boca Raton, Florida                       33486
- -------------------------------------------------------------------------------
 (Address of principal executive offices)                      (Zip code)


                                 (561) 995-7670
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              (Registrant's telephone number, including area code)


Item 5            Other Information


         SBA  Communications  Corporation  ("SBA"  or the  "Company")  announced
         significant increases in total revenues, EBITDA and tower cash flow for
         the three months  ended  September  30,  2001,  over the same period in
         2000.  The total  revenues,  EBITDA and tower cash flow amounts for the
         three months ended  September 30, 2001 were all quarterly  highs in the
         Company's history.

         For the three months ended September 30, 2001, total revenues increased
         38.9% to $63.0  million  from the third  quarter  of 2000,  due to both
         higher site leasing revenue and site development revenue.  Site leasing
         revenue  increased to $27.7 million for the quarter,  a 102.7% increase
         over the  comparable  quarter of 2000.  Gross  profit  for the  quarter
         increased 56.5% to $25.9 million from the third quarter of 2000, due to
         both  higher site  leasing  and site  development  gross  profit.  Site
         leasing  gross profit,  or tower cash flow,  increased to $17.8 million
         for the  quarter,  a 105.6%  increase  over the third  quarter of 2000.
         EBITDA, or earnings before interest, taxes, depreciation, amortization,
         non-cash  compensation  charges  and  the  non-recurring  developmental
         charge,  for the quarter was $16.8  million,  a 75.9% increase over the
         third quarter of 2000. The non-recurring developmental charge was $24.4
         million,  and was incurred in connection with the Company's  previously
         announced reduction in the scale of its new tower build operations.

Item 7            Financial Statements and Exhibits

                  99.1     Press release dated November 13, 2001


                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.




November 13, 2001                                 /s/  John F. Fiedor
                                                  -------------------
                                                  John F. Fiedor
                                                  Chief Accounting Officer

EX-99.1

                                   [SBA LOGO]

                                      NEWS

                              FOR IMMEDIATE RELEASE
                              ---------------------

                     SBA COMMUNICATIONS CORPORATION REPORTS
                           RECORD 3rd QUARTER RESULTS

SBA COMMUNICATIONS CORPORATION (NASDAQ: SBAC); BOCA RATON, FLORIDA,
TUESDAY, NOVEMBER 13, 2001

SBA Communications  Corporation ("SBA" or the "Company")  announced  significant
increases  in total  revenues,  EBITDA and tower cash flow for the three  months
ended  September  30, 2001,  over the same period in 2000.  The total  revenues,
EBITDA and tower cash flow amounts for the three months ended September 30, 2001
were all quarterly highs in the Company's history.

For the three months ended September 30, 2001, total revenues increased 38.9% to
$63.0  million from the third  quarter of 2000,  due to both higher site leasing
revenue and site development  revenue.  Site leasing revenue  increased to $27.7
million for the quarter,  a 102.7% increase over the comparable quarter of 2000.
Gross  profit for the quarter  increased  56.5% to $25.9  million from the third
quarter of 2000,  due to both higher site  leasing  and site  development  gross
profit.  Site  leasing  gross  profit,  or tower cash flow,  increased  to $17.8
million  for the  quarter,  a 105.6%  increase  over the third  quarter of 2000.
EBITDA, or earnings before interest, taxes, depreciation, amortization, non-cash
compensation charges and the non-recurring developmental charge, for the quarter
was  $16.8  million,  a 75.9%  increase  over the  third  quarter  of 2000.  The
non-recurring  developmental  charge  was $24.4  million,  and was  incurred  in
connection with the Company's previously announced reduction in the scale of its
new tower build operations.

Steven E. Bernstein,  SBA's Chairman, stated, "We continue to be very happy with
the  operational  performance  of  SBA,  despite  a  very  challenging  business
environment.  Once again, we enjoyed strong total revenue  growth,  site leasing
revenue growth and EBITDA growth." Added Jeffrey A. Stoops, SBA's President, "We
are pleased with our solid financial results.  We are particularly  pleased that
we have  demonstrated  that we can reduce  costs,  expand  margins,  delever the
balance sheet,  maintain good liquidity and still be a high revenue growth, high
EBITDA growth company."

A conference call to discuss the company's  Third Quarter 2001 earnings,  Fourth
Quarter  2001 Outlook and Fiscal 2002  Outlook has been  scheduled  for Tuesday,
November 13, 2001 at 10:00 AM ET. The call-in number is (800) 230-1093. The name
of the  conference  call is "SBA Third  Quarter  Earnings."  The replay  will be
available  from  November  13, 2001 at 5:00 PM to November 27, 2001 at 11:59 PM.
The replay  number is (800)  475-6701.  The access code is 609442.  You may also
listen  to this  conference  call via a  webcast  that can be  accessed  via the
Internet at: www.sbasite.com.


SBA is a leading  independent  owner and  operator  of  wireless  communications
infrastructure  in the United  States.  SBA  generates  revenue from two primary
businesses - site leasing and site  development  services.  The primary focus of
the  Company is the  leasing of antenna  space on its  multi-tenant  towers to a
variety of wireless service providers under long-term lease contracts.  Since it
was founded in 1989,  SBA has  participated  in the  development  of over 15,000
antenna sites in the United States.

For additional  information,  please contact  Pamela J. Kline,  Vice  President,
Capital Markets, at: (561) 995-7670.



Information Concerning Forward-Looking Statements

This press release includes forward looking  information,  including  statements
regarding the Company's  future  financial  performance  and its ability to be a
high  revenue  growth,  high  EBITDA  growth  company.   These   forward-looking
statements  may be  affected  by the risks and  uncertainties  in the  Company's
business. This information is qualified in its entirety by cautionary statements
and risk factor  disclosure  contained in the Company's  Securities and Exchange
Commission  filings,  including the Company's report on Form 10-K filed with the
Commission on April 2, 2001. The Company wishes to caution  readers that certain
important factors may have affected and could in the future affect the Company's
actual  results  and could cause the  Company's  actual  results for  subsequent
periods  to  differ  materially  from  those  expressed  in any  forward-looking
statement  made by or on behalf of the Company.  With  respect to the  Company's
future financial performance,  such factors include, but are not limited to, (1)
the business climate for the wireless communications industry in general and the
wireless communications  infrastructure providers in particular; (2) our ability
and the ability of our  customers  to access,  and the client's  willingness  to
expend,  sufficient  capital to fund  expansion of networks and new tower builds
and  acquisitions;  (3) our  ability to secure as many site  leasing  tenants as
planned;  (4) our ability to expand our site  leasing  business  and maintain or
expand our site development  business;  (5) our ability to complete construction
of new towers on a timely and  cost-efficient  basis,  including  our ability to
successfully  address zoning  issues,  carrier  design  changes,  changing local
market conditions and the impact of adverse weather conditions;  (6) our ability
to identify and acquire new towers,  including our capability to timely complete
due diligence and obtain third party consents; (7) our ability to retain current
lessees on newly acquired towers;  (8) our ability to realize economies of scale
for newly acquired towers; (9) the continued dependence on towers and outsourced
site  development  services by the wireless  communications  industry;  (10) our
ability to compete  effectively for new tower opportunities and site development
services  in light of  increased  competition;  (11) our  ability to continue to
comply with covenants and the terms of our senior secured facility; and (12) our
ability to raise substantial  additional financing to expand our tower holdings.
The Company  undertakes no obligation  to update  forward-looking  statements to
reflect events or circumstances after the date hereof.