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Uniti Announces New Long-Haul Dark Fiber Route Connecting Key Data Centers in Pittsburgh & Ashburn
Adds New Hyperscale Customer LITTLE ROCK, Ark., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it has
About this update from Uniti Group Inc.
[{"type":"text","content":"Adds New Hyperscale Customer\nLITTLE ROCK, Ark., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it has executed a twenty-year contract with a large, international hyperscale customer to provide high-strand count fiber infrastructure along a route to connect key data centers in Pittsburgh, PA and Ashburn, VA. The deal completes a new master agreement with yet another hyperscale customer for Uniti. This agreement represents the continued lease-up of Uniti’s owned 123,000 fiber route mile national network, including lease-up of the dark fiber Uniti acquired the rights to as part of its settlement agreement with Windstream. “Uniti has always excelled at providing customized infrastructure solutions to our customers and this is another example of that. We are customizing the route for optimal line system performance and providing our customer the diversity and redundancy they require for their network,” said Thomas Vito, Vice President, Strategy & Business Development at Uniti. “This deal secures a new logo for Uniti, adds another hyperscaler to our customer base, and again demonstrates successful lease-up on our national dark fiber network.” FORWARD-LOOKING STATEMENTS Certain statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended from time to time. Those forward-looking statements include all statements that are not historical statements of fact. Words such as \"anticipate(s),\" \"expect(s),\" \"intend(s),\" “estimate(s),” “foresee(s),” \"plan(s),\" \"believe(s),\" \"may,\" \"will,\" \"would,\" \"could,\" \"should,\" \"seek(s)\" and similar expressions, or the negative of these terms, are intended to identify such forward-looking statements. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could lead to actual results differing materially from those projected, forecasted or expected. Although we believe that the assumptions underlying the forward-looking statements are reasonable, we can give no assurance that our expectations will be attained. Factors which could materially alter our expectations include, but are not limited to, the future prospects of Windstream, our largest customer; the ab...