Welcome to our dedicated page for Uniti Group news (Ticker: UNIT), a resource for investors and traders seeking the latest updates and insights on Uniti Group stock.
Uniti Group Inc (NASDAQ: UNIT) maintains this dedicated news hub for tracking developments in its telecommunications infrastructure business and strategic initiatives. As a specialized REIT transitioning into integrated telecom services through its Windstream merger, this page provides investors and industry observers with timely updates on fiber network expansions, enterprise partnerships, and residential service developments.
Our curated news collection offers essential insights into UNIT's evolving business model, including quarterly earnings reports, infrastructure investment announcements, and regulatory filings related to its 140,000+ route mile fiber network. Users will find analysis of the company's dual focus on enterprise fiber leasing and emerging consumer telecom markets.
The resource prioritizes factual reporting on network expansion milestones, contract renewals with hyperscale customers, and integration progress with Windstream's residential services. All content undergoes strict verification to ensure compliance with financial disclosure standards while maintaining accessibility for both professional analysts and infrastructure investment newcomers.
Bookmark this page for consolidated access to UNIT's corporate communications, including SEC filings, merger-related updates, and technology deployment announcements. Regular updates ensure stakeholders remain informed about this strategic player in Southeast US telecom infrastructure development.
Uniti Group announced the tax treatment of its 2022 common share distributions, confirming a total distribution of $0.75 per share. This includes ordinary dividends of $0.15 per share for each quarterly distribution made in 2022, recorded on specified dates. These dividends are classified as non-qualified and will be reported accordingly on Form 1099-DIV. Of the total distribution, $0.005886 per share will be treated as Section 897 Ordinary Dividends. As of September 30, 2022, Uniti owns approximately 134,000 fiber route miles and 8.0 million fiber strand miles across the U.S.
Uniti Group Inc. (Nasdaq: UNIT) announced that it will release its fourth quarter and full year 2022 financial results before the Nasdaq market opens on February 24, 2023. A conference call to discuss these results is scheduled for the same day at 8:30 AM ET, and will be accessible via webcast on Uniti's Investor Relations website. A replay of the call will be available starting at 12:00 PM ET on the same day.
Uniti Group Inc. (Nasdaq: UNIT) has announced that Mike Friloux, Executive Vice President and Chief Technology Officer, along with Bill DiTullio, Vice President of Finance and Investor Relations, will participate in the Citi 2023 Communications, Media & Entertainment Conference on January 4, 2023, in Scottsdale, AZ. Written materials from the meetings will be available on Uniti's Investor Relations website starting at 9:00 AM EST on the same day. Uniti is a prominent real estate investment trust specializing in critical communications infrastructure, owning approximately 134,000 fiber route miles nationwide.
Uniti Group has priced its offering of $300 million in 7.50% convertible senior notes due 2027. The notes are set to settle on December 12, 2022, with an option for an additional $45 million. Investors can convert the notes into cash, shares, or both, starting in 2027. The initial conversion price is around $7.29 per share, a 20% premium over the current stock price. Proceeds will be used for capped call transactions and general corporate purposes, including repurchasing existing notes. This offering may impact share values and existing note prices.
Uniti Group Inc. (Nasdaq: UNIT) announced a proposed offering of $300 million in convertible senior notes due 2027, with an option for initial purchasers to buy an additional $45 million. The notes will be senior unsecured obligations, and proceeds will be used for general corporate purposes, including repurchasing existing senior notes. The offering is targeted at qualified institutional buyers and will not be registered under the Securities Act. This move seeks to enhance liquidity and potentially reduce dilution through capped call transactions linked to the notes.
Uniti Group (Nasdaq: UNIT) announced that its CFO, Paul Bullington, and VP of Finance, Bill DiTullio, will present at the BofA Securities 2022 Leveraged Finance Conference on November 30, 2022, at 8:50 AM EST, in Boca Raton, FL. A live webcast will be available on Uniti’s website under the Investors tab, with a replay for a limited time post-event. Uniti is a real estate investment trust focused on critical communications infrastructure, owning approximately 134,000 fiber route miles and 8.0 million fiber strand miles across the U.S.
CTI Towers announced the acquisition of 180 wireless towers from Uniti Group (Nasdaq: UNIT), spanning 14 states. This strategic move enhances CTI Towers' presence in the Southeastern U.S. and follows their earlier acquisition of SCI Towers. Currently, CTI Towers operates over 1,200 towers across 47 states, leasing to major carriers like AT&T, T-Mobile, and Verizon. The acquisition is expected to increase connectivity for their wireless carrier customers.
Uniti Group Inc. (Nasdaq: UNIT) announced participation in Nareit’s REITworld 2022 Annual Conference on November 16, 2022, in San Francisco, CA. Senior VP and CFO Paul Bullington and VP of Finance Bill DiTullio will represent the company. Written materials from the investor meetings will be available on Uniti's website starting at 9:00 AM ET on the day of the conference. Uniti is a leading provider of fiber and wireless solutions, owning approximately 134,000 fiber route miles and 8 million fiber strand miles throughout the U.S.
Uniti Group Inc. (UNIT) reported Q3 2022 results, highlighting a net loss of $155.7 million, primarily due to a $216 million goodwill impairment charge. Consolidated revenues reached $283.1 million, while Adjusted EBITDA rose to $225.1 million. Uniti Fiber contributed $74.5 million in revenues, achieving a 38% EBITDA margin. The company holds $268.4 million in unrestricted cash and projects full-year 2022 revenues between $1,123 million and $1,141 million. A quarterly dividend of $0.15 per share was declared, payable on December 30, 2022.
Uniti Group Inc. (Nasdaq: UNIT) announced a quarterly cash dividend of $0.15 per share, payable on December 30, 2022, to stockholders on record as of December 16, 2022. The company is a real estate investment trust focused on mission-critical communications infrastructure, owning approximately 133,000 fiber route miles and 7.8 million fiber strand miles throughout the U.S.
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