Uniti Announces New Long-Haul Fiber Contract Award with Large Hyperscaler
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Uniti Group Inc. has secured a 20-year contract with a strategic hyperscale customer to build a long-haul fiber network connecting Montgomery, AL to Cuba, AL. This involves constructing over 130 miles of new fiber infrastructure.
January 21, 2025 | 1:15 pm
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Uniti Group Inc. has been awarded a significant 20-year contract to build a long-haul fiber network, enhancing its infrastructure and market presence.
The new contract is a long-term commitment that will likely increase Uniti's revenue and strengthen its market position. The construction of new fiber infrastructure indicates growth and expansion, which is positive for the company's stock price.
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