Slide 1: INCOMPAS 2024 Keynote Presentation
INCOMPAS 2024 Keynote Presentation October 21, 2024
Slide 2: Cautionary Statement
Cautionary Statement No Offer or Solicitation This communication and the information contained in it are provided for information purposes only and are not intended to be and shall not constitute a solicitation of any vote or approval, or an offer to sell or solicitation of an offer to buy, or an in
Slide 3: Cautionary Statement
Cautionary Statement Forward-Looking Statements This communication contains forward-looking statements, including within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can often be identified by terms such as “may,” “will,” “appears,” “should,” “expec
Slide 4: Fiber Landscape Has Improved Substantially Since Telecom Act of 1996
Fiber Landscape Has Improved Substantially Since Telecom Act of 1996 Convergence & Hyperscaler Trends Reinforce Mission Critical Nature of Fiber More Rational Competitive Landscape ▪ Less Overbuilding ▪ Rational Capital Deployment Greater Number of Network On-Ramps Today vs. Mostly Long-Haul Routes
Slide 5: More Rational Competitive Landscape
More Rational Competitive Landscape 2000 2010 Today Long-Haul: ~677,000 Long-Haul: ~1.0 Million Long-Haul: ~1.4 Million Fiber Route Miles Deployed Metro: ~36,000 Metro: ~300,000 Metro: ~2.0 Million Top Long-Haul Providers Last Mile Fiber Providers Source: Altman Solon and company estimates. 5
Slide 6: Growing Number of Network On Ramps
Growing Number of Network On Ramps Cellphone Users Number of Cell Sites Number of Lit Buildings ~3.0M 326M 447K 17M ~2.5M 250M 202K 253K 167M 168M 309M 114K 109K 245K 139K ~0.3M 82M 109K 2000 2010 Today 2000 2010 Today 2000 2010 Today Smart Phone Users Non-Smart Phone Users Macro Sites Small Cells F
Slide 7: Gen AI Driving Significant Broadband Data Usage
Gen AI Driving Significant Broadband Data Usage 48.9 ZB Digital Transformation AI Pandemic Accelerates Generation Digital Change Cloud ▪ Hybrid work AI Disrupts Network Economy environment Architecture Internet ▪ Next wave of cloud and Economics DCI Explodes Post Dot-Com Monetization edge services ▪
Slide 8: More Diversified and Balanced Fiber Customer Base
More Diversified and Balanced Fiber Customer Base Early 2000’s 2010 Today Key Network Locations • Central Offices • Towers • Data Centers • MTSOs / MSCs • Carrier Hotels • Cloud Interconnection Product Focus • Lit Service (TDM) • Ethernet • Dark Fiber, Conduit & Waves • SONET, Early Stage DWDM, DS3,
Slide 9: Hyperscalers Fueling National Growth Opportunity
Hyperscalers Fueling National Growth Opportunity ▪ Recent industry trends have created significant demand for lit and dark long-haul capacity ▪ Uniti’s Dark Fiber Capabilities: • Nearly 200K Combined Fiber Route Miles Available Nationally to Lease / IRU • 300+ Metro Markets; ~325K On-Net / Near-Net
Slide 10: New Uniti: Creating a Premier Insurgent Fiber Provider
New Uniti: Creating a Premier Insurgent Fiber Provider ~236K ~4.3M Fiber Route Residential Miles(1) Households ~75% ~150K % Network Inventory On-Net Available Locations(2) ~600K 300+ Near-Net Metro Locations(3) Markets ~12.8K ~2.6K Fiber-to-the-Tower Small Cell Connections Connections Company’s Comb