Uniti Announces Launch of Wave Lease Product
August 26 2021 - 8:00AM
Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it
has launched its Wave Lease product by deploying a
state-of-the-art, Open Line System across portions of its Florida
network, with plans to expand nationwide. This deployment will
allow Uniti to offer its customers 100G and 400G Wavelength
Services and multiple-Terabit Spectrum Services across the system.
With Uniti’s Wave Lease product, our customers
are able to purchase their own transponders in order to manage the
ever-changing costs associated with the technology evolutions in
photonics and C+L Band support. Uniti’s line system leverages
Ciena RLS technology to deliver C+L Band capabilities for both
Spectrum and 100G-400G traditional Wavelength Services. The
routes connect the major Florida markets of Tampa and Miami on
physically diverse paths, while also providing multi-Terabit
add-drop capability in other Florida markets such as Orlando, Boca
Raton, Fort Lauderdale and Daytona Beach. Extensions of the
system to Atlanta and to cable-landing stations in Jacksonville are
also now available.
The initial Florida markets are expected to be
live with traffic by the end of 2021. Uniti plans to
deploy similar systems along other high-demand, long haul routes
across its 123,000 route mile national network over the next
several quarters.
“Our Wave Lease product provides a
high-capacity, flexible bandwidth solution with a more efficient
cost structure than traditional waves and less operational
complexity than dark fiber,” said Greg Ortyl, President of
Wholesale & Strategic Accounts at Uniti Group. “Although we
already offer wavelengths and dark fiber solutions as part of our
product portfolio, we are expecting significant growth from our
Wave Lease product in the coming years.”
ABOUT UNITI
Uniti, an internally managed real estate
investment trust, is engaged in the acquisition and construction of
mission critical communications infrastructure, and is a leading
provider of fiber and other wireless solutions for the
communications industry. As of June 30, 2021, Uniti owns
approximately 123,000 fiber route miles, 7.1 million fiber strand
miles, and other communications real estate throughout the United
States. Additional information about Uniti can be found on its
website at www.uniti.com.
SALES CONTACTS:
Ron Mudry, 727-421-0388SVP, Chief Revenue
Officerron.mudry@uniti.com
Greg Ortyl, 314-749-2478President, Wholesale & Strategic
Accountsgreg.ortyl@uniti.com
INVESTOR and MEDIA CONTACTS:
Bill DiTullio, 501-850-0872Vice President,
Finance & Investor Relationsbill.ditullio@uniti.com
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