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. reports developments tied to its fiber communications business, including Kinetic residential broadband expansion, multi-gigabit internet services, whole-home Wi-Fi, internet security, voice offerings, and enterprise and wholesale connectivity. The company operates through brands that include Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions, serving consumers and businesses across U.S. markets.
Recurring Uniti news also covers broadband builds in state and local markets, service bundles such as Kinetic fiber internet with streaming television options, investor conference participation, operating and financial results, customer contract activity, and debt financing or refinancing actions affecting the company’s capital structure.
Uniti Group Inc. (Nasdaq: UNIT) will release its Q3 2020 financial results after the market closes on November 9, 2020. A conference call to discuss these results is scheduled for the same day at 4:15 PM Eastern Time. Investors can join the call by dialing (844) 513-7153 or (508) 637-5603 for international attendees, using conference ID 3536128. Uniti, a real estate investment trust, specializes in mission-critical communications infrastructure and owns 6.5 million fiber strand miles across the U.S. More details can be found on their website.
Uniti Group announced the filing of a prospectus supplement with the U.S. SEC to register the resale of approximately 18.2 million shares of its common stock, previously issued to certain creditors of Windstream as part of a settlement. This filing fulfills Uniti's obligations under disclosed stock purchase agreements. Importantly, Uniti will not issue or sell any shares through this prospectus supplement. As of June 30, 2020, Uniti owns 6.5 million fiber strand miles and operates in the communications infrastructure sector.
Uniti Group Inc. (Nasdaq: UNIT) announced the launch of nationwide dark fiber services across 31,000 fiber route miles in 35 states, enhancing its existing fiber network to over 3 million strand miles. This expansion, rooted in a settlement with Windstream, aims to meet increasing demands for connectivity from various sectors including content providers and telecom operators. The network addresses challenges such as bandwidth needs driven by remote work and 5G solutions. Uniti's infrastructure supports critical communications, positioning it as a leader in fiber solutions.
Uniti Group announced that its Executive Vice President and CFO, Mark Wallace, along with Senior VP of Sales, Joe McCourt, will attend Deutsche Bank’s 28th Annual Leveraged Finance Conference on October 6 & 7, 2020. Uniti, a real estate investment trust, specializes in the acquisition and construction of critical communications infrastructure. As of June 30, 2020, the company owns 6.5 million fiber strand miles across the U.S., enhancing its position as a leading provider of wireless infrastructure solutions.
Uniti Group announced that its Executive Vice President and CFO, Mark Wallace, along with Senior Vice President of Sales, Joe McCourt, will be attending Deutsche Bank's 28th Annual Leveraged Finance Conference on October 6-7, 2020. Uniti is a real estate investment trust focused on mission-critical communications infrastructure, owning 6.5 million fiber strand miles as of June 30, 2020. For more information, visit www.uniti.com.
Uniti Group Inc. (UNIT) announced the effective settlement with Windstream Holdings, coinciding with Windstream's emergence from bankruptcy. This settlement resolves all claims between Uniti and Windstream, enhancing Uniti's strategic position by expanding its fiber footprint by approximately 90%. CEO Kenny Gunderman noted significant benefits including improved credit structures through new master leases. This development marks a pivotal moment for Uniti, allowing it to leverage expanded operational capacity and financial stability.
Harmoni Towers LLC, formerly Uniti Towers, announced its name change following the acquisition of 90% of the company by Melody Investment Advisors in June 2020. The rebranding aims to enhance its market position and growth potential amidst the 5G rollout. Harmoni Towers retains its management team and has built over 500 towers since 2017, currently marketing over 1,000 site locations across the U.S. Executives emphasize continued service excellence and infrastructure expansion to meet rising demand for wireless solutions.
Uniti Group announced that its President and CEO, Kenny Gunderman, along with CFO Mark Wallace, will speak at the Goldman Sachs 29th Annual Communacopia Conference on September 17, 2020, at 8:50 AM ET. The presentation will be accessible via a live webcast on Uniti's website, with a replay available later. Uniti is a real estate investment trust focused on acquiring and constructing communications infrastructure, owning 6.5 million fiber strand miles across the U.S. For more details, visit www.uniti.com.
Uniti Group (Nasdaq: UNIT) announced that its CFO Mark Wallace and VP of Finance Bill DiTullio will participate in the Wells Fargo 9th Annual Virtual Net Lease REIT Forum on September 14, 2020. Uniti specializes in the acquisition and construction of vital communications infrastructure, owning 6.5 million fiber strand miles across the United States as of June 30, 2020. For more information, visit www.uniti.com.
Melody Investment Advisors has announced a definitive agreement to acquire CTI Towers, a leading wireless tower owner and manager in the U.S. This acquisition expands Melody's portfolio of communications infrastructure assets and is expected to close later in 2020. CTI Towers, with around 1,150 towers across 47 states and lessors including AT&T, T-Mobile, and Verizon, plays a crucial role in wireless communications. The management team will continue to lead CTI Towers, aiming for valuable partnerships with cable companies while building on their existing assets and services.