Tower Demand Up, Dark Fiber Demand Strong, Uniti Says
Pointing to strong demand for dark fiber and small-cell deployment plus an uptick in new tower demand, Uniti said Thursday it still expected revenue this year of $1.07 billion to $1.08 billion. Announcing its latest quarterly results, Uniti anticipates Windstream,…
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which is going through a Chapter 11 bankruptcy, to continue making its full lease payments on time. Uniti said its fiber business is on track to finish multiple major network expansions by year's end and it just completed a "successful" E-rate season. Uniti stock closed Friday up 4.7 percent to $11.79.