Uniti Group Inc UNIT

Real Estate REIT - Diversified

Uniti Group Inc. is an independent, internally managed real estate investment trust (REIT), which is engaged in the acquisition, construction, and leasing of mission critical infrastructure in the communications industry. The Company is principally focused on acquiring and constructing fiber optic, copper and coaxial broadband networks and data centers. The Company’s lines of business include Uniti Leasing and Uniti Fiber. The Uniti Leasing is engaged in acquiring and constructing mission-critical communications assets, such as fiber, data centers, next generation consumer broadband, coaxial and upgradeable copper, and leasing them back to anchor customers on either an exclusive or shared-tenant basis. The Uniti Fiber is a provider of infrastructure solutions, including cell site backhaul and small cell for wireless operators and ethernet, wavelengths and dark fiber for telecommunications carriers and enterprises. The Company owns approximately 1,40,000 fiber network route miles.

NDAQ:UNIT - Post by User

Uniti Group Inc

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Comment by Shnappson Sep 28, 2017 3:52pm

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Post# 26755452

RE:TOOK A GAMBLE HERE

I did the same.
The defailt on debt is not clear cut and may not be a default at all. Lawyers will argue that in the near future. If WED is found not to be in default we could see a quick 20% pop for UNIT.

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