Uniti Unveils Two New Long Haul Lit Routes

Rhea-AI Summary

Uniti Group Inc. (Nasdaq: UNIT) has announced the addition of two new lit routes to its fiber network in 2023, specifically from Dallas to Atlanta and Atlanta to Ashburn, VA. These routes will feature 100G and 400G wavelength services, as well as multiple-terabit spectrum services. The new infrastructure enhances connectivity to key markets, including Little Rock, Memphis, Nashville, and Charlotte. The company's Private Wave Channel offering aims to provide flexible bandwidth solutions at competitive costs, expected to drive growth.

Positive

• Introduction of 100G and 400G wavelength services.
• Expansion of fiber routes increases network capacity and connectivity.
• Private Wave Channel expected to enhance flexibility and reduce costs.

Negative

• None.

Dallas to Atlanta and Atlanta to Northern Virginia Routes Will Offer 100G and 400G Wavelength Services and Multiple-Terabit Spectrum Services to Key Markets

LITTLE ROCK, Ark., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today it will add two new lit routes to its state-of-the-art fiber network in 2023, with presale of 100G and 400G wavelength services and multiple-terabit Private Wave Channel spectrum services now available.

The new routes include Dallas to Atlanta and Atlanta to Ashburn, VA, offering physically diverse on-ramps in each location, including:

• 1950 N. Stemmons Fwy., Dallas, TX 75207
  
  
• 2323 Bryan St., Dallas, TX 75201
  
  
• 250 Williams St. NW, Atlanta, GA 30303
  
  
• 56 Marietta St. NW, Atlanta, GA 30303
  
  
• 1275 K St. NW, Washington, D.C. 20005
  
  
• 21715 Filigree Ct., Ashburn, VA 20147

Uniti’s new routes provide multi-terabit add-drop capability to key markets including Little Rock (15707 Chenal Pkwy.), Memphis (4005 S. Mendenhall Rd.), Nashville (211 Commerce St.), Charlotte (113 N. Meyers St.), Raleigh (5301 Departure Dr.), and Richmond (6000 Technology Blvd.).

With Uniti’s spectrum solution, Private Wave Channel, customers can purchase their own transponders in order to manage the ever-changing costs associated with the technology evolutions in photonics. Uniti’s new Open Line System leverages the latest optical advancements to support Flex-Grid Technology across both C- and L-Bands. These advancements provide seamless support for 100G and 400G wavelength services and multiple-terabit Private Wave Channel spectrum services, including adding advanced monitoring capabilities while doubling overall system capacity compared to older C-Band only systems.

These new lit routes follow Uniti’s launch of its Miami to Tampa route last year, which provides multiple-terabit add-drop capability for a variety of Florida markets including Orlando, Boca Raton, Fort Lauderdale and Daytona Beach. These combined lit routes now allow Uniti’s customers to connect from Dallas and Ashburn to key data centers and cable landing stations throughout Florida.

“We’re proud to extend our Private Wave Channel offering to more markets,” said Greg Ortyl, President of Wholesale & Strategic Accounts at Uniti. “Although we already offer wavelengths and dark fiber solutions as part of our current product portfolio, we expect significant growth in Private Wave Channel as it provides a high-capacity, flexible bandwidth solution with a more efficient cost structure than traditional waves and less operational complexity than dark fiber.”

ABOUT UNITI

Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of fiber and other wireless solutions for the communications industry. As of June 30, 2022, Uniti owns approximately 133,000 fiber route miles, 7.8 million fiber strand miles, and other communications real estate throughout the United States. Additional information about Uniti can be found on its website at www.uniti.com.

SALES CONTACTS:

Ron Mudry, 727-421-0388
Senior Vice President, Chief Revenue Officer
ron.mudry@uniti.com

Greg Ortyl, 314-749-2478
President, Wholesale & Strategic Accounts
greg.ortyl@uniti.com

INVESTOR AND MEDIA CONTACTS:

Paul Bullington, 251-662-1512
Senior Vice President, Chief Financial Officer & Treasurer
paul.bullington@uniti.com

Bill DiTullio, 501-850-0872
Vice President, Finance and Investor Relations
bill.ditullio@uniti.com

FAQ

What new routes is Uniti Group adding in 2023?

Uniti Group is adding routes from Dallas to Atlanta and from Atlanta to Ashburn, VA.

What services will the new Uniti routes provide?

The new routes will provide 100G and 400G wavelength services and multiple-terabit spectrum services.

How will Uniti's Private Wave Channel benefit customers?

The Private Wave Channel offers flexible bandwidth solutions with a more efficient cost structure than traditional waves.

What markets will Uniti's new routes enhance connectivity to?

The new routes will enhance connectivity to key markets including Little Rock, Memphis, Nashville, and Charlotte.

When was the press release for Uniti Group's new routes issued?

The press release was issued on October 12, 2022.