Uniti Group

Uniti Fiber is a real estate investment trust (REIT) that specializes in the acquisition and construction of essential communications infrastructure, including fiber networks, wireless towers, and ground leases. With approximately 140,000 route miles of fiber, primarily located in the Southeast, Uniti Fiber focuses on leasing fiber to enterprise customers. The company has a significant partnership with Windstream, which is its largest customer, providing a substantial portion of its revenue. Uniti is in the process of merging with Windstream, a move that will transition it away from its REIT status and expand its operations to include consumer telecommunications services. Once the merger is complete, the combined entity will own 217,000 route miles of fiber, serving 4.3 million households and 150,000 commercial buildings, predominantly in less densely populated areas. This merger will enable Uniti Fiber to enhance its offerings while maintaining its commitment to supporting critical communications infrastructure for businesses and communities.

Paul Bullington

CFO, Finance and Senior Vice President

5 past transactions

Telstra

Acquisition in 2020
Telstra is a leading telecommunications and information services company based in Australia, with a strong presence in Asia, the US, and Europe. Established in 1975 and headquartered in Melbourne, Telstra offers a comprehensive range of communication services, including voice, mobile, internet access, and pay television. The company has developed a fully integrated IP and mobile network, and it boasts the largest privately owned subsea cable network in the Asia Pacific region. Telstra's international operations, based in Hong Kong, provide a wide array of solutions for wholesale and enterprise customers, encompassing data, voice, satellite, and managed network services. Additionally, Telstra Ventures, its corporate venture capital arm, invests in high-growth technology companies strategically aligned with Telstra, focusing on sectors such as mobile, cloud, and media. The company aims to enhance connectivity and improve the lives of its customers through innovative technology and content solutions.

Southern Light

Acquisition in 2017
Southern Light is a provider of data transport services along the Gulf Coast region serving twelve attractive Tier II and Tier III markets. The company provides large bandwidth solutions to telecommunication carriers, government agencies, and enterprise businesses.

Hunt Telecom

Acquisition in 2017
Hunt Telecom is in telecommunications and data service. Hunt Telecom created and manages large multi-state networks for commercial telecommunications providers. Hunt Telecom has also built and operates large Wide Area Networks for the Department of Defense and federal agencies and local governments.

Tower Cloud

Acquisition in 2016
Tower Cloud provides telecom backhaul services to wireless carriers. The company builds and operates fiber optic and wireless networks to connect cellular towers to the wireless carriers' mobile switching centers. Wireless carriers utilize Ethernet and Sonet T-1 broadband capacity provided by Tower Cloud to manage the exploding volume of voice and data traffic on their cellular networks. Tower Cloud currently operates backhaul networks in the greater Orlando, FL and Miami, FL markets and is in the process of constructing a new network in Atlanta, GA. The company was founded in 2006 and is headquartered in St. Petersburg, FL.

Peg Bandwidth

Acquisition in 2016
PEG Bandwidth is uniquely positioned to customize backhaul networks across disparate fiber networks. PEG Bandwidth provides high-capacity fiber connections from the edge of the wireless carrier's network back to existing geographic core fiber infrastructure.
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