Core Viewpoint - Uniti Group Inc. and Windstream have received regulatory approval for their merger, expected to close around August 1, 2025, following prior approvals and stockholder consent [2][4]. Group 1: Merger Details - The merger will result in Uniti becoming an indirect, wholly owned subsidiary of Windstream Parent, Inc., which will be renamed "Uniti Group Inc." [4]. - The common stock of the newly formed Uniti Group Inc. is anticipated to be listed on the Nasdaq Global Market under the symbol "UNIT" starting around August 4, 2025 [4]. Group 2: Management Commentary - The CEO of Uniti expressed excitement about the merger, highlighting its potential to create a leading fiber provider and enhance connectivity for businesses and communities [3]. Group 3: Tax Implications - The merger is expected to be a taxable transaction for Uniti's stockholders, and the company has received a favorable private letter ruling from the IRS regarding certain tax consequences, which may lead to a step-up in the tax basis of some assets post-merger [5]. Group 4: Company Overview - Uniti is a 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 U.S. as of March 31, 2025 [6].

Uniti Fiber contributed $71.5 million of revenues and $28.8 million of Adjusted EBITDA for the first quarter of 2025, achieving Adjusted EBITDA margins of approximately 40%. Uniti Fiber's net success-based capital expenditures during the quarter were $17.7 million. Updates 2025 Outlook LITTLE ROCK, Ark., May 06, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti" or the "Company") (Nasdaq: UNIT) today announced its results for the first quarter 2025. "We are off to a strong start at Uniti this year and are e ...