Uniti Group (UNIT) Stock News

Uniti Group (NASDAQ:UNIT) reported Q2 2025 results and completed its merger with Windstream on August 1, 2025. The company posted Q2 revenues of $300.7 million, with a net loss of $10.7 million ($0.04 per diluted share) and AFFO of $0.36 per diluted share.

The merger creates a premier fiber provider with 240,000 route miles. Legacy Uniti shareholders received 0.6029 shares per share held, retaining 62% ownership, while Windstream shareholders received $371 million cash, preferred stock with $575 million liquidation preference, and 38% ownership plus warrants.

For 2025, the combined company projects revenues of $2.215-2.265 billion and Adjusted EBITDA of $1.11-1.16 billion, including Windstream's five-month contribution of approximately $1.0 billion in revenue and $160 million in Adjusted EBITDA.

Uniti Group Inc. (Nasdaq: UNIT) has completed its merger with Windstream, creating a combined entity where Legacy Uniti stockholders will hold approximately 62% of the outstanding common stock. The merger involved Legacy Uniti stockholders receiving 0.6029 shares of Uniti common stock for each share of Legacy Uniti common stock held.

The company's convertible senior notes due 2027 have been adjusted, with each $1,000 principal amount now convertible into 82.7023 shares of Uniti common stock, modified from the previous 137.1742 shares. Uniti plans to consolidate Legacy Uniti and Windstream debt silos by August 4, 2025, when the combined company's stock will begin trading on the Nasdaq Global Select Market under the symbol "UNIT".

Uniti Group Inc. (Nasdaq: UNIT) and Windstream have secured all necessary regulatory approvals, including from the California Public Utilities Commission, to complete their previously announced merger. The transaction, approved by Uniti stockholders on April 2, 2025, is expected to close around August 1, 2025.

Post-merger, Windstream Parent Inc. will be renamed Uniti Group Inc. and will trade under the symbol UNIT on Nasdaq starting around August 4, 2025. The merger will be a taxable transaction for Uniti stockholders. The company has received a favorable IRS ruling regarding post-closing restructuring, enabling a tax basis step-up for certain company assets.

Uniti Group (Nasdaq: UNIT) has announced its upcoming second quarter 2025 financial results release and conference call schedule. The company will release its Q2 2025 results before the Nasdaq market opens on August 5, 2025.

A conference call to discuss the results will be held at 8:30 AM Eastern Time on the same day. Investors can access the live webcast through Uniti's Investor Relations website at investor.uniti.com. Telephone participation is available through registration on the website.

Uniti Group Inc. announced the pricing of $600 million aggregate principal amount of 8.625% Senior Unsecured Notes due 2032, issued at 100.000%. The notes will be guaranteed on a senior unsecured basis by the Company and its subsidiaries that guarantee indebtedness under the Company's senior secured credit facility. The offering is expected to close on June 24, 2025. The company plans to use the proceeds to partially redeem $500 million of their outstanding 10.50% senior notes due 2028, with remaining funds allocated for general corporate purposes. The redemption is contingent upon completing debt financings of at least $550 million. The notes will be offered exclusively to qualified institutional buyers under Rule 144A and outside the US under Regulation S.

Uniti Group Inc. (UNIT) announced a private offering of $600 million senior notes due 2032 through its subsidiaries. The notes will be guaranteed on a senior unsecured basis by the Company and its subsidiaries that guarantee indebtedness under Uniti's senior secured credit facility. The primary purpose of this offering is to fund the partial redemption of $500 million of their outstanding 10.50% senior notes due 2028, which is scheduled for June 24, 2025. The redemption is contingent upon completing debt financings of at least $550 million. The new notes will be offered exclusively to qualified institutional buyers under Rule 144A and international investors under Regulation S, without registration under the Securities Act.

Uniti Group Inc. (NASDAQ: UNIT) has announced that its President and CEO, Kenny Gunderman, will deliver a presentation at the Nareit 2025 REITweek Investor Conference. The presentation is scheduled for June 4, 2025, at 8:00 AM EDT in New York, NY. Investors can access a live webcast of the event through Uniti's Investor Relations website at investor.uniti.com, with a limited-time replay option available after the presentation.

Uniti Group Inc. (NASDAQ: UNIT) announced that its senior executives, including CFO and Treasurer Paul Bullington and SVP of Investor Relations & Treasury Bill DiTullio, will participate in the Goldman Sachs 10th Annual Leveraged Finance and Credit Conference. The conference is scheduled for May 29, 2025 in Dana Point, CA. Investor materials related to the conference presentation will be accessible on Uniti's Investor Relations website at investor.uniti.com under the Events & Presentations section.

Uniti Group Inc. (Nasdaq: UNIT) has announced that its President and CEO, Kenny Gunderman, will be presenting at the TD Cowen 53rd Annual Technology, Media and Telecom Conference. The presentation is scheduled for May 28, 2025, at 9:40 AM EDT in New York, NY. Investors can access a live webcast of the event through Uniti's Investor Relations website at investor.uniti.com, with a replay option available for a limited time after the presentation.