Uniti Group Inc. (UNIT)

Uniti Group Inc. is a premier digital infrastructure company operating a fiber network spanning approximately 240,000 route miles across 47 states, serving more than 1.0 million customers, including over 500,000 residential fiber customers, with roughly 1.9 million fiber-equipped households concentrated in the Midwest and Southeast U.S. The company was formed through the August 1, 2025 merger of Windstream and Old Uniti Group Inc. (a former internally managed REIT that focused on Uniti Fiber and Uniti Leasing), with the combined entity ceasing REIT status and now organized into three business segments: Kinetic, Uniti Solutions, and Fiber Infrastructure. The Kinetic segment (FY2025 revenue of $928.4 million) is a leading provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services to residential and small business customers across roughly 1,400 markets in 18 states, offering broadband, CPE (including eero Pro 7 Wi-Fi gateways), wireless bundling with AT&T, internet security, premium technical support, streaming TV via YouTube TV, and voice services, while competing against cable operators, fiber overbuilders, fixed wireless providers, and satellite internet companies. The Uniti Solutions segment (FY2025 revenue of $332.3 million) is a platform-led managed services provider delivering cloud-optimized connectivity, integrated security, and collaboration solutions to enterprise and government customers across vertical markets such as retail, healthcare, financial services, education, manufacturing, hospitality, and state/local government; its offerings include SD-WAN, SASE, SSE, managed network security, LAN services, UCaaS (via OfficeSuite®), CCaaS (powered by Talkdesk), and fiber transport connectivity to major cloud ecosystems, competing against facilities-based national carriers, WAN aggregators/capex-light MSPs, and pure-play security/SASE vendors.

The Fiber Infrastructure segment (FY2025 revenue of $1,053.9 million) combines legacy fiber and leasing operations with the CLEC portion of Windstream’s acquired wholesale business, delivering fiber-based connectivity and enterprise networking to mission-critical customers like banks, hospitals, schools, and government entities in the Southeast, as well as high-capacity bandwidth, transport, ethernet (e-access), dedicated internet access, and fiber-to-the-tower services to wholesale customers including telecom companies, hyperscalers, content providers, cable operators, and international network operators. For the year ended December 31, 2025, the company generated total revenues of $2,234.5 million and net income of $1,304.7 million, and its common stock trades on the Nasdaq Global Select Market under the symbol "UNIT."