Uniti Signs Long-Haul Dark Fiber Agreement with Global Internet Provider
January 26 2023 - 8:00AM
Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it
has signed a long-term contract with a large global internet
provider, offering long-haul dark fiber connectivity to premier
data centers located in 12 cities within the Central and
Southeastern United States. The routes include El Paso, TX to San
Antonio, TX, Indianapolis, IN to Nashville, TN, Nashville, TN to
Atlanta, GA, Dallas, TX to Beaumont, TX, Houston, TX to
Jacksonville, FL, Tallahassee, FL to Tampa, FL, and Miami, FL to
Tampa, FL. The agreement provides scalable and secure transport
over a combined 3,100 fiber route miles, connecting several
Internet traffic aggregation points and key infrastructure hubs for
Uniti’s customer.
The Houston, TX to Jacksonville, FL route will
require Uniti to build ten (10) new In-Line Amplifier (ILA)
shelters where its customer will lease space and power to
regenerate their optical signal. These locations will not only
allow Uniti to lease additional space and power to other customers,
but they will also allow Uniti to regenerate its own optical signal
as it deploys its Private Wave Channel (PWC) product along this
route in the near future.
“Today’s announcement represents one of the largest customer
contracts, by total contract value, in Uniti’s history,
encompassing over 10,600 fiber strand miles,” said Greg Ortyl,
President of Wholesale and Strategic Accounts. “This existing
customer continues to demonstrate confidence in Uniti’s ability to
deliver unique, end-to-end infrastructure solutions that meet their
increasing bandwidth demands. Furthermore, the new ILA shelters
position us for incremental space and power lease-up and quicker
deployment intervals of our PWC product when we commence the
lighting of Houston to Jacksonville, allowing Uniti to offer 100G,
400G and spectrum services along this route.”
This recent agreement further reflects Uniti’s continued
commitment and success of driving long-term recurring revenue
lease-up with built-in escalators on its national fiber network of
134,000 route miles. Uniti expects to deliver these routes
throughout 2023 and 2024.
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 September 30, 2022, Uniti owns
approximately 134,000 fiber route miles, 8.0 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, 727-421-0388Senior Vice President, Chief Revenue
Officerron.mudry@uniti.com
Greg Ortyl, 314-749-2478President, Wholesale & Strategic
Accountsgreg.ortyl@uniti.com
INVESTOR and MEDIA CONTACTS:
Paul Bullington, 251-662-1512Senior Vice President, Chief
Financial Officer & Treasurerpaul.bullington@uniti.com
Bill DiTullio, 501-850-0872Vice President, Finance and Investor
Relationsbill.ditullio@uniti.com
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