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 (Nasdaq: UNIT) is set to release its Q2 2024 financial results on August 1, 2024, before the Nasdaq market opens.
A conference call to discuss the earnings will take place the same day at 8:30 AM ET, accessible via live webcast on their Investor Relations website. Interested parties can register for telephone participation through the Investor Relations site or by following the provided link. A replay will also be available on the website.
Uniti Group (Nasdaq: UNIT) announced that its President and CEO, Kenny Gunderman, and VP of Investor Relations & Treasury, Bill DiTullio, will present at the Nareit 2024 REITweek Investor Conference.
The event is scheduled for 9:30 AM EDT on June 5, 2024, in New York, NY. Investors can access a live webcast of the presentation on Uniti’s Investor Relations website, with a replay available for a time afterward.
Uniti Group announced that its President and CEO, Kenny Gunderman, along with SVP, CFO, and Treasurer, Paul Bullington, will 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. A live webcast of the event will be available on Uniti's Investor Relations website, and it will be accessible for replay for a time.
Uniti Group (Nasdaq: UNIT) announced that its President and CEO, Kenny Gunderman, and VP, Investor Relations & Treasury, Bill DiTullio, will participate in the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference in Boston, MA, on May 22, 2024. Investor materials related to their participation will be available on Uniti's Investor Relations website under the Events & Presentations tab.
Uniti Group has announced its participation at the Barclays 2024 Leveraged Finance Conference, scheduled for May 21, 2024, in Austin, TX. Representing Uniti will be Paul Bullington, the Senior Vice President, Chief Financial Officer, and Treasurer, along with Bill DiTullio, the Vice President of Investor Relations & Treasury. Any investor materials related to this event will be available on Uniti’s Investor Relations website under the Events & Presentations tab.
Uniti Group Inc. announced that its President and CEO, along with the VP of Investor Relations, will participate in the Goldman Sachs 9th Annual Leveraged Finance and Credit Conference. The event is scheduled for May 14, 2024, in Rancho Palos Verdes, CA. Investor materials will be accessible on Uniti's Investor Relations website.
Uniti Group Inc. announced the pricing of $300 million aggregate principal amount of 10.50% Senior Secured Notes due 2028. The notes will be issued at an issue price of 103.00% and will be guaranteed by the Company and its subsidiaries. The offering is expected to close on May 17, 2024, with proceeds to be used for general corporate purposes, including funding for the merger with Windstream.
Uniti Group Inc. announced a private offering of $300 million aggregate principal amount of 10.50% Senior Secured Notes due 2028. The notes will be guaranteed by the Company and its subsidiaries, secured by first-priority liens on their assets. The proceeds will be used for general corporate purposes, potentially including funding the merger with Windstream.
Uniti Group Inc. reported solid first quarter 2024 results, featuring a 4% growth in core recurring strategic fiber business, successful lease-up strategy, and decreasing capital intensity. The merger with Windstream promises enhanced network reach and financial profile, positioning the company for future growth. Quarterly revenues stood at $286.4 million, with net income of $41.3 million and Adjusted EBITDA of $228.6 million. AFFO per diluted common share was $0.32. The Company had approximately $470.1 million in unrestricted cash at quarter-end and declared a quarterly cash dividend of $0.15 per common share.
Uniti Group Inc. announced a merger with Windstream Holdings II, to create a premier fiber provider in the U.S. The merger will result in Uniti shareholders holding 62% of the common equity, while Windstream shareholders will hold 38%. The combined company will have a strong presence in Tier II and III markets, serving over 1.1 million customers. The merger is expected to enhance free cash flow, generate synergies, align capital allocation objectives, de-lever the balance sheet, and offer strategic optionality. The transaction is set to close in the second half of 2025.
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