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Uniti Group Inc - UNIT STOCK NEWS

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.

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Uniti Group (Nasdaq: UNIT) announced that its CEO, Kenny Gunderman, and CFO, Mark Wallace, will present at the Citi 2021 Global Property CEO Conference on March 10, 2021, at 4:15 PM ET. A live webcast will be available on the company’s website under the Investors tab, with a replay later accessible.

As of December 31, 2020, Uniti owned over 123,000 fiber route miles and approximately 6.9 million fiber strand miles across the U.S., specializing in mission-critical communications infrastructure.

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Uniti Group announced that its Executive Vice President and CFO, Mark Wallace, along with President of Wholesale and Strategic Accounts, Greg Ortyl, will present at the Deutsche Bank 29th Annual Media, Internet & Telecom Conference. The event is scheduled for 3:00 PM ET on March 8, 2021. Interested parties can access a live webcast of the presentation on Uniti’s website under the Investors tab, with a replay available for a limited time afterward. Uniti specializes in building and acquiring communications infrastructure, owning over 123,000 fiber route miles across the U.S.

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On March 1, 2021, Uniti Group announced preliminary results for Q4 and full year 2020, reporting revenues of $275.3 million and $1.1 billion, respectively. The company faced a net loss of $47.7 million in Q4 and $718.8 million for the year, impacted by a $71 million goodwill impairment. Adjusted Funds From Operations (AFFO) were $0.42 and $1.72 per diluted share for Q4 and the full year. Uniti successfully refinanced its credit facilities, lowering interest costs and improving financial flexibility. The outlook for 2021 anticipates solid growth and strategic transactions.

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On February 25, 2021, Uniti Group announced a quarterly cash dividend of $0.15 per share, which will be paid on April 16, 2021, to stockholders of record by April 1, 2021. Uniti, a real estate investment trust, specializes in critical communications infrastructure, owning approximately 6.7 million fiber strand miles across the United States as of September 30, 2020. The dividend declaration reflects the company's ongoing commitment to returning value to its shareholders.

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Uniti Group Inc. (Nasdaq: UNIT) announced presentations at key investor conferences in March 2021. Executive Vice President and CFO, Mark Wallace, along with Vice President of Finance and Investor Relations, Bill DiTullio, will present at the following events:

  • J.P. Morgan 2021 Global High Yield and Leveraged Finance Conference on March 2 at 2:45 PM ET
  • Raymond James 42nd Annual Institutional Investors Conference on March 3 at 2:10 PM ET
  • Morgan Stanley 2021 Technology, Media & Telecom Conference on March 4 at 9:30 AM ET

Webcasts of the events will be available on Uniti’s website.

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Uniti Group Inc. (Nasdaq: UNIT) will announce its fourth quarter and year-end 2020 financial results on March 1, 2021, after market close. A conference call to discuss these results will take place the same day at 4:15 PM ET, accessible by dialing (844) 513-7153 or (508) 637-5603 for international callers, with the conference ID 7875254. Uniti specializes in mission-critical communications infrastructure and owns 6.7 million fiber strand miles across the U.S. Further details can be found on Uniti's website.

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Uniti Group Inc. (Nasdaq: UNIT) announced the tax treatment of its 2020 distributions, detailing federal income tax implications for shareholders. A total distribution of $0.60 per share was reported, with $0.5199 as ordinary dividends. The press release underscores that ordinary dividends will be reported as Section 199A Dividends, necessitating a 45-day holding period for qualification. Shareholders are advised to consult tax advisors regarding these distributions. Uniti is recognized for its extensive fiber optic network, owning 6.7 million fiber strand miles across the U.S.

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Uniti Group (Nasdaq: UNIT) announced the pricing of $1.11 billion in 6.50% senior notes due 2029, increasing from the initial offering size of $750 million. The offering is expected to close on February 2, 2021. Proceeds will fund the purchase of outstanding 8.25% Senior Notes due 2023 in a tender offer and repay additional debt if needed. The new notes will not be registered under the Securities Act and will be available to qualified institutional buyers only. Uniti, a real estate investment trust, manages critical communications infrastructure across the U.S.

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Uniti Group Inc. (Nasdaq: UNIT) has amended its cash tender offer for the 8.25% Senior Notes due 2023, removing the $750 million cap, allowing all outstanding notes to be included in the offer. The offer is contingent upon receiving at least $1,110 million in gross proceeds from concurrent debt financing. Changes to the consent solicitation include the elimination of the proration condition. Citigroup Global Markets acts as the dealer manager, with Global Bondholder Services as the information agent. The complete terms can be found in the Offer Statement dated January 19, 2021.

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Uniti Group has announced the pricing of $1.11 billion in senior notes due 2029, increasing the offering size by $360 million. The senior notes will be issued at an issue price of 100% and guaranteed by the company and its subsidiaries. Proceeds will be used to fund a tender offer for $8.25% senior notes due 2023 and to repay additional outstanding debt if the offer is not completed. The notes will not be registered under the Securities Act and are offered to qualified institutional buyers only.

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FAQ

What is the current stock price of Uniti Group (UNIT)?

The current stock price of Uniti Group (UNIT) is $4.88 as of April 28, 2025.

What is the market cap of Uniti Group (UNIT)?

The market cap of Uniti Group (UNIT) is approximately 1.1B.
Uniti Group Inc

Nasdaq:UNIT

UNIT Rankings

UNIT Stock Data

1.12B
233.13M
2.7%
89.64%
5.31%
REIT - Specialty
Real Estate Investment Trusts
Link
United States
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