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Uniti Group (UNIT)

Common Shares
Sell: $5.8|Buy: $5.94|Change: 0.06 (1.04%)

This share can be held in a Dealing accountISALifetime ISAJISASIPP

Company profile

Uniti is a REIT with about 140,000 route miles of fiber in the U.S., primarily in the Southeast. Uniti reports its business in two segments: leasing and fiber. Leasing currently makes up about 75% of total revenue and consists mostly of Uniti's master lease agreement with Windstream. Windstream spun off a substantial portion of its network assets to form Uniti in 2015, and Uniti immediately leased the entire portfolio back for Windstream's exclusive use. Other leasing revenue stems from sale-leaseback transactions with other fiber holders. Uniti generates fiber revenue by leasing dark and lit fiber to wireless carriers and other enterprises.

Address

10802 Executive Center Drive
Benton Building, Suite 300
Little Rock
AR
USA
72211


Telephone

+1 501 850-0820


Sector 

Real Estate


AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.

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