Uniti Group (UNIT) 2025 Conference June 04, 2025 08:00 AM ET Speaker0 Alright. Let's get started. Good morning. Welcome to the Wednesday morning session of NAREIT REIT week twenty twenty five. My name is Greg Williams. I cover cable, wireless and telco as well as fiber at TD Cowen. I'm joined in this session by the President and CEO of Unity, Kenny Gunderman. Kenny, thanks for joining us. Speaker1 Greg, good morning. It's good to be here. Speaker0 Maybe we could just start with finishing off the quarter in ...

LITTLE ROCK, Ark., May 28, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present at the Nareit 2025 REITweek Investor Conference. The presentation is scheduled for 8:00 AM EDT on June 4, 2025 in New York, NY. You may access a live webcast of the event on Uniti’s Investor Relations website at investor.uniti.com. The webcast will be available for replay for a limited time following the present ...

Financial Data and Key Metrics Changes - The company reported strong demand and reiterated guidance for the combined company, indicating that the fundamentals of the business are strong despite perceived misguidance [6][8] - The total addressable market (TAM) for hyperscalers in the fiber industry has grown from de minimis to an estimated $15 billion, with projections to reach close to $50 billion in the coming years [16][17] - Hyperscalers currently represent less than 5% of revenue and EBITDA, but this is expected to change significantly as economic benefits from deals materialize [17][18] Business Line Data and Key Metrics Changes - The company has seen a significant increase in the number of generative AI deals in its funnel, growing from less than five to close to 100, now representing about 20% of the funnel [24][25] - The company maintains incredibly low churn rates, which supports mid-single-digit top-line growth even with steady bookings [21][22] - Fiber to the home providers have become the largest customer segment, with backhaul representing 10-20% of the cost of providing fiber to the home [48][49] Market Data and Key Metrics Changes - Wireless carriers have shown signs of growth in 2025 after a decline in 2024, with network infilling and backhaul purchases expected to increase [45][46] - The company is diversifying its customer segments, ensuring no single segment represents more than 20% of revenue or bookings [44] Company Strategy and Development Direction - The company is focused on building a robust edge network to support the growing demand for inference models in AI, which is expected to drive future growth [27][37] - The merger with Windstream is seen as a strategic move to consolidate fiber to the home business and maximize fiber penetration [73][78] - The company is prioritizing capital allocation towards fiber infrastructure over M&A opportunities, although it remains open to bolt-on acquisitions and joint ventures [60][62] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the technical noise around the stock but emphasizes strong underlying business trends and demand, particularly in generative AI and hyperscaler markets [5][8] - The company is optimistic about the future, expecting to see significant growth in bookings and recurring revenue as it transitions from bespoke deals to more standardized offerings [18][19] - Management believes that the integration of AI into their operations will enhance efficiency and customer service post-merger with Windstream [55][56] Other Important Information - The company is not experiencing challenges in service delivery or meeting demand, maintaining discipline in its building strategy [40][41] - The company is actively exploring joint ventures to enhance its capabilities and capitalize on market opportunities [62][65] Q&A Session Summary Question: What are the expectations regarding the stock price and market perception? - Management noted that the stock price fluctuations are largely due to technical factors and misperceptions, but the fundamentals remain strong [5][6] Question: How is the company addressing the demand for generative AI? - The company has seen a significant increase in generative AI deals and expects this segment to grow, representing a substantial portion of the future funnel [24][25] Question: What is the outlook for the wireless segment? - Management indicated that there are early signs of growth in the wireless segment, particularly in network infilling and backhaul purchases [45][46] Question: How does the company view M&A opportunities? - While M&A is always a consideration, the company currently sees the best returns from investing in fiber infrastructure rather than pursuing acquisitions [60][62] Question: What are the next steps post-merger with Windstream? - The focus will be on integrating Kinetic and maximizing fiber coverage, with plans to reach 3.5 million homes by 2029 [76][78]

TD Cowen 53rd Annual Technology, Media & Telecom Conference May 28, 2025 Together, Building the Future Safe Harbor Statement Forward-Looking Statements Certain statements in this communication may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended from time to time. Those forward-looking statements include all statements that are not historical statements of fact, including, without limitation, statements regarding the anticipated clo ...

LITTLE ROCK, Ark., May 22, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Senior Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to participate at the Goldman Sachs 10th Annual Leveraged Finance and Credit Conference on May 29, 2025 in Dana Point, CA. Any investor materials will be made available on Uniti’s Investor Relations website at investor.uniti.co ...

Core Points - Uniti Group Inc. will have its President and CEO, Kenny Gunderman, presenting at the TD Cowen 53rd Annual Technology, Media and Telecom Conference on May 28, 2025, at 9:40 AM EDT in New York, NY [1] - A live webcast of the event will be available on Uniti's Investor Relations website, with a replay option for a limited time after the presentation [2] - Uniti is an internally managed real estate investment trust focused on acquiring and constructing critical communications infrastructure, owning approximately 147,000 fiber route miles and 8.8 million fiber strand miles across the United States as of March 31, 2025 [3]

Uniti Group (UNIT) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing ea ...

MoffettNathanson 2025 Media, Internet & Communications Conference May 14, 2025 Together, Building the Future Safe Harbor Statement Forward-Looking Statements Certain statements in this communication may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended from time to time. Those forward-looking statements include all statements that are not historical statements of fact, including, without limitation, statements regarding the anticipat ...

Uniti Group (UNIT) 2025 Conference May 14, 2025 08:00 AM ET Speaker0 One. Thanks for joining us. For those of you who don't know me, I'm Nick Del Deo. I come with Digital Infrastructure at MoffettNathanson, and I'm thrilled to be kicking off our twenty twenty five media Internet and communications conference. It's our it's our twelfth one of these over the years. Joining us. This is our commercial fiber panel, and I'm thrilled to have two phenomenal speakers with us. To my left is Dave Schafer, the founder, ...

Uniti Group (UNIT) FY Conference May 13, 2025 03:50 PM ET Speaker0 Hi. My name is Richard Cho. I cover Communications Infrastructure for JPMorgan. Today, we're joined by Kenny Gunderman, President and CEO of Uniti Group. Thank you for joining us today. Speaker1 Thanks for having us, Richard. It's a pleasure to be here. Speaker0 For those that might not follow Uniti that closely, can you give us a quick summary of your assets and customer base? And what were or what are the key benefits to the proposed trans ...