by Pivot
Tag: Uniti
Windstream and Uniti to Recombine with Tier 2 & 3 Focus
Nine years after Windstream spun off certain network assets into a real estate investment trust (REIT) that came to be known as Uniti Group, the two companies said today that they plan to recombine. On…
Uniti Sells Off Two Fiber Investments, Wireless Towers
Uniti Group, the telecom real estate investment trust (REIT) spun off from Windstream several years ago, said it has sold its “remaining investment interest” in Bluebird Network, as well as fiber and other network assets…
Uniti Densification Targets Wholesale, Enterprise Opportunities
Little Rock, Arkansas – April 11, 2023 – (GLOBE NEWSWIRE) – Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today the continued strategic densification of its best-in-class fiber network within several key Southeastern metro markets, providing advanced…
Uniti Signs Long-Haul Dark Fiber Agreement with Global Internet Provider
Little Rock, Arkansas – January 26, 2023 – (GLOBE NEWSWIRE) – Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it has signed a long-term contract with a large global internet provider, offering long-haul dark fiber connectivity to premier…
Uniti Announces New Long-Haul Dark Fiber Route Connecting Key Data Centers
LITTLE ROCK, Ark., Oct. 25, 2021 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it has executed a twenty-year contract with a large, international hyperscale customer to provide high-strand count fiber…
Report: Zayo on the Hunt to Acquire Windstream, Uniti
According to a Wall Street Journal report, fiber network operator Zayo is in talks to acquire both Windstream and Uniti. No deal is imminent, and according to the report, negotiations have stalled over the price…
Uniti Expects Big Growth from Wave Lease Offering
Uniti Group is expecting strong growth from a new offering launched yesterday called Wave Lease. Customers using the service can purchase their own transponders which, according to Uniti, provides a more cost-effective cost structure than…
Everstream Uniti Deal Closes, Adding Northeast Capacity to Everstream
Everstream has completed its previously announced purchase of fiber network assets from Uniti. In addition to adding Uniti’s customers, the acquisition extends Everstream’s fiber network into Pennsylvania – including the major markets of Philadelphia and…
Everstream Expands Again with Fiber Asset Purchase from Uniti
Everstream will expand its fiber network into Pennsylvania and will acquire existing Uniti customers in an agreement the two companies announced today. The Everstream Uniti deal calls for Everstream to add more than 5,600 route…
Uniti to Offer Dark Fiber Services on Strands It Got from Windstream
Uniti said yesterday that it will begin offering nationwide dark fiber services on 2.2 million fiber strand miles miles spanning 35 states in Tier I, II and III markets. The company said it has “full…
Court Approves Windstream Restructuring Plan, Eyes August Bankruptcy Exit
The U.S Bankruptcy Court for the Southern District of New York today approved a Windstream bankruptcy exit reorganization plan. With the restructuring plan approved, the company expects to complete its financial restructuring process and emerge…
Uniti, Windstream Near Settlement With Successful Windstream Restructuring Plan Now in Reach
Uniti and Windstream have reached an agreement in principle that would settle litigation between the two companies related to Windstream’s spinoff of certain network assets to Uniti and Windstream’s bankruptcy filing. The settlement is subject…