Uniti Group Inc UNIT

Uniti Is Rapidly Building Fiber

The new Uniti consists of three parts. The legacy Windstream telecom business, known as Kinetic, is rapidly converting its old copper-based networks to fiber, following the same path as other phone companies. The fiber business, primarily made up of the Windstream wholesale business and former Uniti leasing business, has good growth potential as demand for network capacity among data center and cloud computing firms ramps up. Finally, the managed services business provides a range of telecom-related services to enterprise customers. Like similar businesses at AT&T and Verizon, managed services are in sharp decline as technology shifts render many of these offerings obsolete.