Uniti Announces New Montgomery Infrastructure Award with Large Hyperscaler
2024年10月17日 - 9:00PM
Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) is pleased to announce a
new 20-year contract award from a strategic hyperscale customer in
Montgomery, Alabama, one of Uniti’s existing 30+ enterprise
markets. Anchored by this hyperscaler contract award, Uniti will
construct 90 route miles of new multi-conduit systems and
high-strand count fiber cables.
This new route will connect key data center
locations and points-of-presence in a ring configuration within the
Montgomery metropolitan area. These rings will allow long-haul
routes to connect to the metro infrastructure from all directions,
including the route between Mobile and Montgomery that the company
recently announced. Expected delivery of the fiber rings will take
place throughout late 2025 and into early 2026.
“The demand for AI-optimized infrastructure
continues to create a significant opportunity for Uniti where our
operational presence aligns with availability of the required land
and power,” commented Greg Ortyl, Uniti’s President of Wholesale
& Strategic Accounts. “Uniti is proud to have our network team
providing best-in-class delivery and network performance, making
the decision to use Uniti that much easier for our customers.”
FORWARD-LOOKING STATEMENTS
Certain statements in this press release may
constitute forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, as amended from
time to time. Those forward-looking statements include all
statements that are not historical statements of fact.
Words such as "anticipate(s)," "expect(s),"
"intend(s)," “estimate(s),” “foresee(s),” "plan(s)," "believe(s),"
"may," "will," "would," "could," "should," "seek(s)" and similar
expressions, or the negative of these terms, are intended to
identify such forward-looking statements. These statements are
based on management's current expectations and beliefs and are
subject to a number of risks and uncertainties that could lead to
actual results differing materially from those projected,
forecasted or expected. Although we believe that the assumptions
underlying the forward-looking statements are reasonable, we can
give no assurance that our expectations will be attained. Factors
which could materially alter our expectations include, but are not
limited to, the future prospects of Windstream, our largest
customer; the ability and willingness of our customers to meet
and/or perform their obligations under any contractual arrangements
entered into with us, including master lease arrangements; the
ability of our customers to comply with laws, rules and regulations
in the operation of the assets we lease to them; the ability and
willingness of our customers to renew their leases with us upon
their expiration, and the ability to reposition our properties on
the same or better terms in the event of nonrenewal or in the event
we replace an existing tenant; the adverse impact of litigation
affecting us or our customers; our ability to renew, extend or
obtain contracts with significant customers (including customers of
the businesses we acquire); the availability of and our ability to
identify suitable acquisition opportunities and our ability to
acquire and lease the respective properties on favorable terms; the
risk that we fail to fully realize the potential benefits of
acquisitions or have difficulty integrating acquired companies; our
ability to generate sufficient cash flows to service our
outstanding indebtedness and fund our capital funding commitments;
our ability to access debt and equity capital markets; the impact
on our business or the business of our customers as a result of
credit rating downgrades and fluctuating interest rates; our
ability to retain our key management personnel; changes in the U.S.
tax law and other state, federal or local laws; covenants in our
debt agreements that may limit our operational flexibility; other
risks inherent in the communications industry and in the ownership
of communications distribution systems, including potential
liability relating to environmental matters and illiquidity of real
estate investments; and additional factors described in our reports
filed with the U.S. Securities and Exchange Commission.
Uniti expressly disclaims any obligation to
release publicly any updates or revisions to any of the
forward-looking statements set forth in this press release to
reflect any change in its expectations or any change in events,
conditions or circumstances on which any statement is based.
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, 2024, Uniti owns
approximately 142,000 fiber route miles, 8.6 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, 727-421-0388Senior Vice President, Chief Revenue
Officerron.mudry@uniti.com
Greg Ortyl, 314-749-2478President, Wholesale & Strategic
Accountsgreg.ortyl@uniti.com
INVESTOR and MEDIA CONTACTS:
Paul Bullington, 251-662-1512Senior Vice President, Chief
Financial Officer & Treasurerpaul.bullington@uniti.com
Bill DiTullio, 501-850-0872Vice President, Investor Relations
& Treasurybill.ditullio@uniti.com
This press release was published by a CLEAR® Verified
individual.
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