Uniti Group Inc. Completes Strategic Transaction with Everstream
LITTLE ROCK, Ark., June 01, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (Uniti) (Nasdaq: UNIT) announced today that it has completed its previously announced strategic transaction with Everstream Solutions LLC (Everstream). As part of the transaction that was initially announced on November 9, 2020, Uniti entered into two 20 year IRU lease agreements with Everstream on Uniti-owned fiber. In addition, Uniti sold to Everstream a portion of Uniti Fibers Northeast operations and certain dark fiber IRU customer contracts acquired as part of the Windstream settlement.
Uniti Group Inc. Completes Strategic Transaction with Everstream
LITTLE ROCK, Ark., June 01, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (Uniti) (Nasdaq: UNIT) announced today that it has completed its previously announced strategic transaction with Everstream Solutions LLC (Everstream). As part of the transaction that was initially announced on November 9, 2020, Uniti entered into two 20 year IRU lease agreements with Everstream on Uniti-owned fiber. In addition, Uniti sold to Everstream a portion of Uniti Fibers Northeast operations and certain dark fiber IRU customer contracts acquired as part of the Windstream settlement.