Merger Overview - Uniti and Windstream are merging to create a premier insurgent fiber provider with approximately $4 billion in revenue[13] - The combined company will have approximately 240,000 fiber route miles covering 47 states in the U S [13] - Existing Uniti shareholders will own approximately 62% and existing Windstream shareholders will own approximately 38% of the combined company's outstanding common equity[13] - The combined company will have approximately 4 4 million residential households, approximately 150,000 on-net locations, and approximately 625,000 near-net locations[8] Financial Highlights - The combined company's core fiber revenue is estimated to be between $2 845 million and $2 865 million in 2025[25] - Total revenue for the combined company is estimated to be between $3 745 million and $3 780 million in 2025[25] - Total adjusted EBITDA for the combined company is estimated to be between $1 545 million and $1 575 million in 2025[25] - Total net Capex for the combined company is estimated to be between $1 210 million and $1 220 million in 2025[25] Growth and Strategy - Uniti is targeting strategic recurring revenue growth of approximately 4% to 6% in 2025[35] - Uniti is targeting strategic recurring adjusted EBITDA growth of approximately 8% to 10% in 2025[35] - Consolidated new sales bookings MRR was $0 8 million in the first quarter of 2025, up approximately 40% from the prior year period[49]