Exhibit 12.1

SBA Communications Corporation

Ratio of Earnings/Deficiency to Fixed Charges

	Year ended December 31,															Three Months ended March 31,
	2002			2003			2004			2005			2006			2006			2007
	(dollars in thousands)
Earnings:
Loss from continuing operations	$	(202,032	)	$	(173,076	)	$	(143,313	)	$	(92,544	)	$	(132,931	)	$	(9,032	)	$	(16,302	)
Plus: fixed charges, less preferred dividends		96,703			104,728			86,076			80,413			115,945			18,315			29,550
Total Earnings		(105,329	)		(68,278	)		(57,237	)		(12,131	)		(16,986	)		9,283			13,248
Fixed Charges:
Interest expense – cash		54,822			81,501			47,460			40,511			81,283			9,213			23,137
Capitalized Interest		1,672			70			14			85			383			68			69
Interest expense – non cash		29,038			9,277			28,082			26,234			6,845			5,265			—
Amortization of debt issue costs		4,480			5,115			3,445			2,850			11,584			876			1,792
Interest component of operating leases		6,691			8,835			7,075			10,733			15,850			2,893			4,552
Total fixed charges		96,703			104,798			86,076			80,413			115,945			18,315			29,550
Total deficiency	$	202,032		$	173,076		$	143,313		$	92,544		$	132,931		$	9,032		$	16,302