Uniti Group

Uniti Group, Inc. is a real estate investment trust company, which is engaged in the acquisition and construction of mission infrastructure in the communications industry. It operates through the following business segments: Leasing, Fiber Infrastructure, Towers, Consumer CLEC, and Corporate. The Leasing segment represents the real estate investment trust operations of the company and includes the results from leasing business, Uniti leasing, which engages in the acquisition of mission-critical communications assets and leasing them to anchor customers on either and exclusive or shared-tenant basis. The Fiber Infrastructure segment refers to the operations of the fiber business of the company, Uniti Fiber, which provides infrastructure solutions, including cell site backhaul and dark fiber, to the telecommunications industry. The Towers segment encompasses Uniti Towers, which acquires and construct tower-related real estate in the United States and Latin America. The Consumer CLEC segment is the operations of Talk America, which provides local telephone, high-speed internet and long distance services to customers in the eastern and central United States. The Corporate segment consists of corporate and back office functions of the company. The company was founded in February 2014 and is headquartered in Little Rock, AR.

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Uniti Group reports robust Q4 performance and strategic growth outlook

Uniti Group's Q4 2022 earnings call highlighted strong financial performance, strategic focus on fiber infrastructure, and successful refinancing. Despite challenges from potential competition and lease renewal discussions, Uniti remains optimistic about growth prospects, aiming for free cash flow positivity by 2026.

Uniti Group reports robust Q1 performance and eyes M&A growth

Uniti Group's Q1 performance showcases revenue growth and strategic focus on expanding fiber infrastructure. Despite challenges related to Sprint's tower decommissioning program, the company remains well-positioned with stable revenue streams and growth opportunities through M&A.

Uniti Group maintains solid performance, eyes M&A for growth

Uniti Group's Q2 performance reflects stability and growth potential in core operations and network expansion.
Strategic focus on regional markets and wholesale revenue provides resilience and growth opportunities.
Challenges lie in managing current economic conditions and balancing growth initiatives with financial stability.
Opportunities abound in achieving free cash flow positivity, M&A diversification, and revenue optimization strategies.

Uniti Group reports solid Q3 performance and explores strategic expansion

Uniti Group's Q3 performance reflects steady growth in core recurring revenue and a disciplined approach to regional expansion. The company is well-positioned to capitalize on the increasing demand for fiber and is actively exploring strategic opportunities for network expansion and financial optimization.

Uniti Group strengthens fiber focus with strategic financing decisions

Uniti Group's Q4 2023 earnings call highlighted strategic refinancing, asset sales, and a focus on fiber projects for growth. Strong industry position with a disciplined approach to revenue generation and network expansion.

Uniti Group announces transformative merger with Windstream, enhancing fiber capabilities

Uniti Group's merger with Windstream marks a significant step towards becoming a premier fiber provider, with operational synergies and financial benefits.
While facing regulatory approval challenges and investor sentiment impacts, the company aims to leverage the merger for strategic growth and enhanced market positioning.
The focus on expanding fiber builds, capitalizing on market opportunities, and driving operational efficiencies underscores Uniti's commitment to long-term value creation.
Overall, Uniti's strategic initiatives post-merger position the company well for future growth and competitive advantage in the evolving fiber infrastructure landscape.

Uniti Group reports solid Q2 performance and eyes merger synergies

Uniti Group's Q2 performance reflects stability, growth, and operational efficiency, positioning the company well for the future.
Strategic strengths in core fiber business, pending merger with Windstream, and focus on financial health offer long-term value.
Challenges in wireless bookings, analyst inquiries, and merger integration require proactive management and clear communication.
Opportunities in hyperscaler bookings, revenue diversification, and merger synergies present avenues for sustained growth and market expansion.

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Uniti Group, Inc. is a real estate investment trust company, which engages in the acquisition, construction, and leasing of properties. It operates through the following business segments: Uniti Leasing, Uniti Fiber, and Corporate. The Uniti Leasing segment involves mission-critical communications assets on exclusive or shared-tenant basis, and dark fiber network. The Uniti Fiber segment includes the operation of infrastructure solutions, cell site backhauls, and dark fiber. The Corporate segment consists of office and shared service functions. The company was founded in February 2014 and is headquartered in Little Rock, AR.

LITTLE ROCK, Ark., July 30, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present at the TD Cowen 10th Annual Communications Infrastructure Summit. The presentation is scheduled for 2:55 PM MDT / 4:55 PM EDT on August 13, 2024 in Boulder, CO.

Uniti Group Inc. to Present at the TD Cowen 10th Annual Communications Infrastructure Summit

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Uniti (UNIT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

Unlocking Q2 Potential of Uniti (UNIT): Exploring Wall Street Estimates for Key Metrics

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We had rated Uniti Group Inc. as a Sell in December 2023 and May 2024. We go over why we are now upgrading this to a Hold. We tell you why a bounce is very probable and why bullish investors should still look at the bonds for returns.

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LITTLE ROCK, Ark., July 01, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its second quarter 2024 financial results prior to the opening of trading on the Nasdaq Stock Exchange on August 1, 2024. A conference call to discuss those earnings will be held the same day at 8:30 AM Eastern Time.

Uniti Group Inc. To Report Second Quarter 2024 Financial Results and Host Conference Call

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LITTLE ROCK, Ark., May 29, 2024 (GLOBE NEWSWIRE) --  Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to present at the Nareit 2024 REITweek Investor Conference. The presentation is scheduled for 9:30 AM EDT on June 5, 2024 in New York, NY.

Uniti Group Inc. to Present at the Nareit 2024 REITweek Investor Conference

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LITTLE ROCK, Ark., May 22, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, are scheduled to present at the TD Cowen 52nd Annual Global Technology, Media and Telecom Conference. The presentation is scheduled for 9:40 AM EDT on May 29, 2024 in New York, NY.

Uniti Group Inc. to Present at the TD Cowen 52nd Annual Technology, Media and Telecom Conference

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LITTLE ROCK, Ark., May 15, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to participate at the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference on May 22, 2024 in Boston, MA.

Uniti Group Inc. to Participate at the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference

LITTLE ROCK, Ark., May 15, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to participate at the Barclays 2024 Leveraged Finance Conference on May 21, 2024 in Austin, TX.

Uniti Group Inc. to Participate at the Barclays 2024 Leveraged Finance Conference

LITTLE ROCK, Ark., May 07, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to participate at the Goldman Sachs 9th Annual Leveraged Finance and Credit Conference on May 14, 2024 in Rancho Palos Verdes, CA.

Uniti Group Inc. to Participate at the Goldman Sachs 9th Annual Leveraged Finance and Credit Conference

LITTLE ROCK, Ark., May 06, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that its subsidiaries, Uniti Group LP, Uniti Fiber Holdings Inc., Uniti Group Finance 2019 Inc. and CSL Capital, LLC (together, the “issuers”), have priced their offering of $300 million aggregate principal amount of 10.50% Senior Secured Notes due 2028 (the “notes”). The notes will be issued at an issue price of 103.00%. The notes will be guaranteed on a senior unsecured basis by the Company and on a senior secured basis by each of its subsidiaries (other than the issuers) that guarantees indebtedness under the Company's senior secured credit facility and the Company's existing secured notes (except initially those subsidiaries that require regulatory approval prior to guaranteeing the notes (such entities, the “regulated subsidiaries”)). The notes and the subsidiary guarantees will be secured by first-priority liens on substantially all of the assets of the issuers and the subsidiary guarantors (other than certain excluded assets), which liens also ratably secure the Company's senior secured credit facility and existing secured notes. The offering is expected to close on May 17, 2024.

Uniti Group Inc. Announces Pricing of Senior Secured Notes Offering

News for Uniti Group Stock (UNIT)