Uniti Group (NASDAQ: UNIT)
Uniti Group Return vs. S&P
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Uniti Group Company Info
Uniti Group, Inc. is a real estate investment trust company, which is engaged in the acquisition and construction of mission infrastructure in the communications industry. It operates through the following business segments: Leasing, Fiber Infrastructure, Towers, Consumer CLEC, and Corporate. The Leasing segment represents the real estate investment trust operations of the company and includes the results from leasing business, Uniti leasing, which engages in the acquisition of mission-critical communications assets and leasing them to anchor customers on either and exclusive or shared-tenant basis. The Fiber Infrastructure segment refers to the operations of the fiber business of the company, Uniti Fiber, which provides infrastructure solutions, including cell site backhaul and dark fiber, to the telecommunications industry. The Towers segment encompasses Uniti Towers, which acquires and construct tower-related real estate in the United States and Latin America. The Consumer CLEC segment is the operations of Talk America, which provides local telephone, high-speed internet and long distance services to customers in the eastern and central United States. The Corporate segment consists of corporate and back office functions of the company. The company was founded in February 2014 and is headquartered in Little Rock, AR.
News & Analysis
Why Is Uniti Group's Dividend So High?
Uniti, a REIT, owns fiber optic cables, but it has one gigantic risk hovering over it even though it easily covers its dividend with adjusted funds from operations.
3 5G Stocks to Buy Right Now
5G networks may have gone live nationwide, but the race is really only just beginning.
Why Shares of Uniti Group Are Soaring Today
An earnings beat and new terms for the sale of the U.S. tower business lit a fire under the stock.
REIT Investors Need to Pay Attention to This Scary Lawsuit
This REIT spin-off was pitched as a win/win, but it hasn't turned out that way. If you invest in REITs, you'll want to know what went wrong.
Here's Why Telecom Infrastructure Stocks Surged on Tuesday
The merger between Sprint and T-Mobile is back on track. That's not all wine and roses for the infrastructure companies, but a major source of uncertainty is going away.
Why Uniti Group's Stock Plummeted 39% in the First Half of 2019
The network operator's parent company and largest customer finally filed for bankruptcy.
Why Uniti Group Stock Plunged Today
News of an exchangeable notes offering was poorly received by investors.
After-Hours News: Micron and Uniti Earnings
These two companies are making headlines after the bell. Here's why.
Valuation
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