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0 0.00232018561484914 0 0.0162412993039442 0.0162412993039442 0.0185614849187935 0.0185614849187935 0.0348027842227377
Stock impact report

Uniti Announces New Contract Award with Large Hyperscaler

Uniti Group Inc. (UNIT) 
Last uniti group inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.uniti.com
Company Research Source: GlobeNewswire
LITTLE ROCK, Ark., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) is pleased to announce a new 20-year contract award from a strategic hyperscale customer in Alabama. As part of this award, Uniti will construct a new long-haul route that will span over 200 route miles when complete, connecting new data centers optimized for Generative AI, and broadening Uniti’s reach throughout the state. In order to deliver on the new contract and create significant capacity for future growth, Uniti will build a multi-duct fiber system with several high-count fiber cables between Montgomery and Mobile, AL. This route will create a diverse path between these two markets allowing Uniti’s customers to interconnect to other regional and long-haul routes, which connect data centers in other markets. “We are humbled to have earned the continued trust of our hyperscale customer, resulting in the building of this critical route connecting two important markets in Alabama,” c Show less Read more
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