Uniti Announces Network Expansion in Huntsville Through Large Hyperscaler Contract Award
10 April 2024 - 10:00PM
Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) is pleased to announce a
significant network expansion in Huntsville, Alabama, one of
Uniti’s existing 30 enterprise markets. This network expansion,
which will span approximately 70 route miles when complete, will
support one of its strategic hyperscale customers.
Through a recently signed 20 year contract,
Uniti is providing multiple conduits and high-strand count fiber to
its hyperscale customer in order to connect key data center
locations within the Huntsville metropolitan area, as well as
tie-in diverse, long-haul routes connecting Huntsville to other
regional and national data center markets.
“We are excited to expand our relationship with
this existing hyperscale customer in one of the fastest growing
cities in the country,” said Greg Ortyl, Uniti’s President of
Wholesale & Strategic Accounts. “With the explosion of
generative Artificial Intelligence applications and the related
power requirements, we have seen Uniti’s southeastern tier-two and
tier-three markets become more attractive to the hyperscaler
segment as they identify areas with excess power availability.”
The Huntsville market is a great example of
Uniti’s overall lease-up strategy. Uniti first launched this market
in 2007 for a strategic government customer to connect key
locations and immediately began selling to enterprise customers
near that deployed network, highlighted by a sizeable biotechnology
customer contract in 2015. Uniti then began providing fiber
infrastructure to local school districts beginning in 2016. In the
following years, Uniti was awarded several contracts by large
wireless carriers to deploy fiber-based Ethernet backhaul to macro
cell sites and dark fiber fronthaul to small cells. Uniti now
counts healthcare organizations, K-12 and higher education
institutions, data centers, biotechnology companies, wireless
carriers and hyperscalers as customers within this market.
Uniti plans to deliver these fiber routes to its
customer over the next two years, and once complete, will own 190
route miles of dark and lit infrastructure within the Huntsville
market.
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 December 31, 2023 Uniti owns
approximately 140,000 fiber route miles, 8.5 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, Investor Relations
& Treasurybill.ditullio@uniti.com
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