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Stock impact report

Uniti Announces New Montgomery Infrastructure 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., Oct. 17, 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 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 o Show less Read more
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