Uniti Group Inc UNIT

Uniti Group Inc is an internally managed real estate investment trust, focused on the acquiring and constructing of various communications infrastructure, and providing wireless solutions for the communications industry, including fibre, wireless towers and ground leases. The company is focused on the acquisition of mission-critical communications assets with the view of leasing those assets to anchor customers on either an exclusive or shared-tenant basis. The firm was established in 2014 and serves a wide range of customers and partners across the United States. Uniti is based in Little Rock, Arkansas.

The firm operates through the following business segments: Leasing, Fiber Infrastructure, Towers, Consumer CLEC, and Corporate. As of September 2021, Uniti owns approximately 126,000 fibre route miles, 7.5 million fibre strand miles, and other communications real estate throughout the United States.

While rental income from the Uniti Group Inc owned real estate properties and communication assets forms the company’s primary revenue source, the firm also operates a small consumer competitive local exchange carrier business. The firm trades on the NASDAQ stock exchange where it is listed under the ticker UNIT.

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