Uniti Group

Uniti Group, Inc. is a real estate investment trust company, which is engaged in the acquisition and construction of mission infrastructure in the communications industry. It operates through the following business segments: Leasing, Fiber Infrastructure, Towers, Consumer CLEC, and Corporate. The Leasing segment represents the real estate investment trust operations of the company and includes the results from leasing business, Uniti leasing, which engages in the acquisition of mission-critical communications assets and leasing them to anchor customers on either and exclusive or shared-tenant basis. The Fiber Infrastructure segment refers to the operations of the fiber business of the company, Uniti Fiber, which provides infrastructure solutions, including cell site backhaul and dark fiber, to the telecommunications industry. The Towers segment encompasses Uniti Towers, which acquires and construct tower-related real estate in the United States and Latin America. The Consumer CLEC segment is the operations of Talk America, which provides local telephone, high-speed internet and long distance services to customers in the eastern and central United States. The Corporate segment consists of corporate and back office functions of the company. The company was founded in February 2014 and is headquartered in Little Rock, AR.

Earnings data Q1 2021

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Uniti Group reports robust Q4 performance and strategic growth outlook

Uniti Group's Q4 2022 earnings call highlighted strong financial performance, strategic focus on fiber infrastructure, and successful refinancing. Despite challenges from potential competition and lease renewal discussions, Uniti remains optimistic about growth prospects, aiming for free cash flow positivity by 2026.

Uniti Group reports robust Q1 performance and eyes M&A growth

Uniti Group's Q1 performance showcases revenue growth and strategic focus on expanding fiber infrastructure. Despite challenges related to Sprint's tower decommissioning program, the company remains well-positioned with stable revenue streams and growth opportunities through M&A.

Uniti Group maintains solid performance, eyes M&A for growth

Uniti Group's Q2 performance reflects stability and growth potential in core operations and network expansion.
Strategic focus on regional markets and wholesale revenue provides resilience and growth opportunities.
Challenges lie in managing current economic conditions and balancing growth initiatives with financial stability.
Opportunities abound in achieving free cash flow positivity, M&A diversification, and revenue optimization strategies.

Uniti Group reports solid Q3 performance and explores strategic expansion

Uniti Group's Q3 performance reflects steady growth in core recurring revenue and a disciplined approach to regional expansion. The company is well-positioned to capitalize on the increasing demand for fiber and is actively exploring strategic opportunities for network expansion and financial optimization.

Uniti Group strengthens fiber focus with strategic financing decisions

Uniti Group's Q4 2023 earnings call highlighted strategic refinancing, asset sales, and a focus on fiber projects for growth. Strong industry position with a disciplined approach to revenue generation and network expansion.

Uniti Group announces transformative merger with Windstream, enhancing fiber capabilities

Uniti Group's merger with Windstream marks a significant step towards becoming a premier fiber provider, with operational synergies and financial benefits.
While facing regulatory approval challenges and investor sentiment impacts, the company aims to leverage the merger for strategic growth and enhanced market positioning.
The focus on expanding fiber builds, capitalizing on market opportunities, and driving operational efficiencies underscores Uniti's commitment to long-term value creation.
Overall, Uniti's strategic initiatives post-merger position the company well for future growth and competitive advantage in the evolving fiber infrastructure landscape.

Uniti Group reports solid Q2 performance and eyes merger synergies

Uniti Group's Q2 performance reflects stability, growth, and operational efficiency, positioning the company well for the future.
Strategic strengths in core fiber business, pending merger with Windstream, and focus on financial health offer long-term value.
Challenges in wireless bookings, analyst inquiries, and merger integration require proactive management and clear communication.
Opportunities in hyperscaler bookings, revenue diversification, and merger synergies present avenues for sustained growth and market expansion.

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Uniti Group, Inc. is a real estate investment trust company, which engages in the acquisition, construction, and leasing of properties. It operates through the following business segments: Uniti Leasing, Uniti Fiber, and Corporate. The Uniti Leasing segment involves mission-critical communications assets on exclusive or shared-tenant basis, and dark fiber network. The Uniti Fiber segment includes the operation of infrastructure solutions, cell site backhauls, and dark fiber. The Corporate segment consists of office and shared service functions. The company was founded in February 2014 and is headquartered in Little Rock, AR.

UNIT yields 5.37% with a low 35.71% payout ratio. Q1 '21 had good gains in adjusted EBITDA, FFO, and AFFO.

Uniti Group: 5% Yield, Good Q1 2021

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LITTLE ROCK, Ark., July 01, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its second quarter 2021 financial results after the close of trading on the Nasdaq Stock Exchange on August 5, 2021. A conference call to discuss those earnings will be held the same day at 4:15 PM Eastern Time.

Uniti Group Inc. To Report Second Quarter 2021 Financial Results and Host Conference Call

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The State Of REITs: June 2021 Edition

LITTLE ROCK, Ark., June 02, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President, Chief Executive Officer, Kenny Gunderman, is scheduled to participate at the Nareit 2021 REITweek Investor Conference. The presentation is scheduled for 11:00 AM ET on June 8, 2021.

Uniti Group Inc. to Present at the Nareit 2021 REITweek Investor Conference

LITTLE ROCK, Ark., June 01, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it has completed its previously announced strategic transaction with Everstream Solutions LLC (“Everstream”). As part of the transaction that was initially announced on November 9, 2020, Uniti entered into two 20 year IRU lease agreements with Everstream on Uniti-owned fiber. In addition, Uniti sold to Everstream a portion of Uniti Fiber's Northeast operations and certain dark fiber IRU customer contracts acquired as part of the Windstream settlement.

Uniti Group Inc. Completes Strategic Transaction with Everstream

LITTLE ROCK, Ark., May 26, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President of Sales, Joe McCourt, and Vice President, Finance and Investor Relations, Bill DiTullio, are scheduled to participate at the Cowen 49th Annual Technology, Media & Telecom Conference. The presentation is scheduled for 11:10 AM ET on June 2, 2021.

Uniti Group Inc. to Present at the Cowen 49th Annual Technology, Media & Telecom Conference

LITTLE ROCK, Ark., May 20, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today that representatives of the Company are scheduled to present at the following upcoming investor conferences:

Uniti Group Inc. to Present at Upcoming Investor Conferences

LITTLE ROCK, Ark., May 20, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today that its Chief Financial Officer, Mark Wallace, is taking a leave of absence due to health reasons, effective immediately. The Company's Board of Directors has appointed Paul Bullington as interim Chief Financial Officer and Principal Financial Officer. Mr. Bullington currently serves as Senior Vice President of Strategic Operations at Uniti Fiber. Previously, Mr. Bullington was the Chief Financial Officer of Southern Light prior to its acquisition by Uniti in 2017.

Uniti Group Inc. CFO Mark Wallace to Take Leave of Absence

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Uniti Group Inc. (UNIT) CEO Kenny Gunderman on Q1 2021 Results - Earnings Call Transcript

Uniti (UNIT) delivered FFO and revenue surprises of 0.00% and 0.53%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Uniti Group (UNIT) Meets Q1 FFO Estimates

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UNIT yields 5.32%, with a 35% AFFO dividend payout ratio. It pays $.15/quarter, but also has $.75 put option premiums and $.50 call option premiums.

Uniti Group: 5% Tech Yield, 20% Options Yields, 2021 Guidance Upbeat

LITTLE ROCK, Ark., April 15, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its first quarter 2021 financial results after the close of trading on the Nasdaq Stock Exchange on May 6, 2021. A conference call to discuss those earnings will be held the same day at 4:15 PM Eastern Time.

Uniti Group Inc. To Report First Quarter 2021 Financial Results and Host Conference Call

LITTLE ROCK, Ark., April 01, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today the release of its first Environmental, Social and Governance (“ESG”) Report which provides an overview of Uniti's ESG policies and commitments, as well as highlights the Company's accomplishments in 2020.

Uniti Group Inc. Releases First Environmental, Social and Governance Report

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Uniti Group (UNIT) CFO, Mark Wallace Presents at Morgan Stanley 2021 Technology, Media and Telecom Conference - Conference Call Transcript

Uniti Group, Inc. (UNIT) Presents at Raymond James Institutional Investors Broker Conference Call - (Transcript)

LITTLE ROCK, Ark, March 03, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Executive Vice President, Chief Financial Officer and Treasurer, Mark Wallace, are scheduled to participate at the Citi 2021 Global Property CEO Conference. The presentation is scheduled for 4:15 PM ET on March 10, 2021.

Uniti Group Inc. to Present at the Citi 2021 Global Property CEO Conference

Uniti Group Inc. (UNIT) Management Presents at JP Morgan 2021 Global High Yield & Leveraged Finance Conference (Transcript)

LITTLE ROCK, Ark., March 02, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Executive Vice President, Chief Financial Officer and Treasurer, Mark Wallace, and President, Wholesale and Strategic Accounts, Greg Ortyl, are scheduled to participate at the Deutsche Bank 29th Annual Media, Internet & Telecom Conference. The presentation is scheduled for 3:00 PM ET on March 8, 2021.

Uniti Group Inc. to Present at the Deutsche Bank 29th Annual Media, Internet & Telecom Conference

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