UNIT on Nasdaq
Uniti
Logo: Uniti Group, Inc, CC BY-SA 4.0, via Wikimedia Commons4
Telecommunications service provider based in Little Rock, founded in 20151
In its 2025 annual report the company says: “Uniti Group Inc. is an independent, internally managed REIT engaged in the acquisition, construction and leasing of mission critical infrastructure in the communications industry. We are principally focused on acquiring and constructing fiber optic, copper and coaxial broadband networks and data centers.”7
Price unavailable
Last updated Oct 21, 2026.
Overview
Apr 24, 2015Founded1
Compare with CoreCivic, MID AMERICA APARTMENT COMMUNITIES INC. or Lamar Advertising Company, or pick any stock.
- TickerUNIT on Nasdaq1
- Industrytelecommunications1
- HeadquartersLittle Rock1
- Websiteuniti.com
- Legal formLimited Liability Company3
- LEI549300V3NU625PJUVA843
- StatusActive3
- LEI statusIssued and current3
- Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States3
- Registered withDivision of Corporations, Department of State, 102763943
See how the biggest companies compare on our leaderboards
Uniti Group Inc. (the “Company”, “Uniti”, “we”, “us” or “our”) is an independent, internally managed REIT engaged in the acquisition, construction and leasing of mission critical infrastructure in the communications industry. We are principally focused on acquiring and constructing fiber optic, copper and coaxial broadband networks and data centers.7 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
11.7%Operating margin8
58.4%Net margin8
91.5%Revenue growth, 20258
343.1%Return on equity8
25.06×Debt to equity8
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Managed Services brought in 20% of the revenue Uniti broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Managed Services | $0 | $0 | $299.0M |
| DSL Subscriber And Other | $0 | $0 | $257.0M |
| Wholesale | $6.9M | $6.5M | $247.1M |
| Uniti Fiber | $215.2M | $220.9M | $226.5M |
| Fiber Subscriber | $0 | $0 | $195.4M |
| Business Services | $0 | $0 | $165.7M |
| Sales Revenue | $15.9M | $10.3M | $46.5M |
| Time Division Multiplexing | $0 | $0 | $18.7M |
| Switched Access | $0 | $0 | $5.5M |
Business segments
Fiber Infrastructure brought in 46% of the revenue Uniti broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Fiber Infrastructure | $1.1B | $1.2B | $1.1B |
| Kinetic | $0 | $0 | $928.4M |
| Uniti Solutions | $0 | $0 | $330.1M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Selling, general and admin16¢$351.5M
- Other costs20¢$441.8M
- Income tax6¢$136.5M
- Profit58¢$1.3B
Out of $2.2B in revenue.8
Where each dollar of operating cash went, fiscal 2025
- Kept or used elsewhere100¢$350.2M
Out of $350.2M of cash from operations.8
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total revenues and sales | $2.2B | $1.2B | $1.1B |
| Selling, general and administrative | $351.5M | $105.0M | $100.5M |
| Depreciation and amortization | $666.6M | $314.9M | $310.5M |
| Goodwill impairment | $0 | $0 | $204.0M |
| Gain on sale of operating assets | $0 | -$19.0M | $0 |
| Transaction related and other costs | $211.8M | $38.7M | $12.6M |
| Total costs and expenses | $2.0B | $579.9M | $771.9M |
| Operating income | $262.0M | $587.0M | $377.9M |
| Other income (expense), net | $8.1M | $300.0K | -$18.4M |
| Loss on extinguishment of debt | -$183.0M | $0 | -$31.2M |
| Gain on settlement of preexisting relationships | $1.7B | $0 | $0 |
| Interest expense, net | -$602.8M | -$511.4M | -$481.2M |
| Income (loss) before income taxes | $1.2B | $75.9M | -$152.9M |
| Income tax benefit | $136.5M | $17.5M | $68.5M |
| Adjustments for equity in earnings from unconsolidated entities | $0 | $0 | $2.7M |
| Net income | $1.3B | $93.4M | -$81.7M |
| Participating securities share in earnings | -$30.6M | -$2.1M | -$1.2M |
| Dividends declared on preferred stock | -$25.4M | $0 | $0 |
| Net income (loss) attributable to common shareholders | $1.2B | $91.3M | -$82.9M |
| Basic (in dollars per share) | $6.61 | $0.64 | -$0.58 |
| Diluted (in dollars per share) | $4.87 | $0.64 | -$0.58 |
| Basic (in shares) | 189.0M shares | 143.1M shares | 142.5M shares |
| Diluted (in shares) | 266.5M shares | 143.1M shares | 142.5M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $53.5M | $155.6M | ||
| Restricted cash | $80.6M | $28.2M | ||
| Accounts receivable, net | $359.0M | $51.5M | ||
| Inventories | $44.0M | $0 | ||
| Prepaid expenses | $137.6M | $16.2M | ||
| Other current assets | $156.3M | $18.1M | ||
| Total current assets | $831.0M | $269.6M | ||
| Goodwill | $1.2B | $157.4M | ||
| Intangible assets, net | $1.3B | $275.4M | ||
| Property, plant and equipment, net | $8.1B | $4.2B | ||
| Operating lease right-of-use assets, net | $516.6M | $126.8M | ||
| Deferred income tax assets, net | $0 | $128.0M | ||
| Other assets | $95.6M | $115.2M | ||
| Total assets | $12.0B | $5.3B | ||
| Current portion of notes and other debt | $10.0M | $0 | ||
| Accounts payable | $171.5M | $13.6M | ||
| Deferred revenue | $239.8M | $84.5M | ||
| Current portion of operating lease obligations | $122.6M | $12.7M | ||
| Accrued taxes | $51.8M | $7.1M | ||
| Accrued interest | $138.8M | $143.9M | ||
| Other current liabilities | $389.4M | $118.9M | ||
| Total current liabilities | $1.1B | $380.7M | ||
| Notes and other debt, net | $9.5B | $5.8B | ||
| Noncurrent operating lease obligations | $360.5M | $67.8M | ||
| Noncurrent deferred revenue | $368.7M | $1.3B | ||
| Deferred income tax liabilities, net | $17.7M | $0 | ||
| Other liabilities | $256.1M | $185.4M | ||
| Total liabilities | $11.7B | $7.7B | ||
| Common stock, $0.0001 par value, 5,550.0 million shares authorized, 239.0 million shares issued and outstanding at December 31, 2025 and 500.0 million shares authorized, 143.2 million shares issued and outstanding at December 31, 2024 | $0 | $0 | ||
| Additional paid-in capital | $2.8B | $1.2B | ||
| Accumulated other comprehensive loss | -$1.9M | -$600.0K | ||
| Distributions in excess of accumulated earnings | -$2.4B | -$3.7B | ||
| Total Uniti shareholders' equity (deficit) | $380.3M | -$2.5B | ||
| Noncontrolling interests | $100.0K | $500.0K | ||
| Total shareholders' equity (deficit) | $380.4M | -$2.5B | -$2.5B | -$2.3B |
| Total liabilities and shareholders' equity | $12.0B | $5.3B | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in shares) | 5.5B shares | 500.0M shares | ||
| Common stock, shares issued (in shares) | 234.0M shares | 143.2M shares | ||
| Common stock, shares outstanding (in shares) | 234.0M shares | 143.2M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $53.5M | $155.6M | ||
| Restricted cash | $80.6M | $28.2M | ||
| Accounts receivable, net | $359.0M | $51.5M | ||
| Inventories | $44.0M | $0 | ||
| Prepaid expenses | $137.6M | $16.2M | ||
| Other current assets | $156.3M | $18.1M | ||
| Total current assets | $831.0M | $269.6M | ||
| Goodwill | $1.2B | $157.4M | ||
| Intangible assets, net | $1.3B | $275.4M | ||
| Property, plant and equipment, net | $8.1B | $4.2B | ||
| Operating lease right-of-use assets, net | $516.6M | $126.8M | ||
| Deferred income tax assets, net | $0 | $128.0M | ||
| Other assets | $95.6M | $115.2M | ||
| Total assets | $12.0B | $5.3B | ||
| Current portion of notes and other debt | $10.0M | $0 | ||
| Accounts payable | $171.5M | $13.6M | ||
| Deferred revenue | $239.8M | $84.5M | ||
| Current portion of operating lease obligations | $122.6M | $12.7M | ||
| Accrued taxes | $51.8M | $7.1M | ||
| Accrued interest | $138.8M | $143.9M | ||
| Other current liabilities | $389.4M | $118.9M | ||
| Total current liabilities | $1.1B | $380.7M | ||
| Notes and other debt, net | $9.5B | $5.8B | ||
| Noncurrent operating lease obligations | $360.5M | $67.8M | ||
| Noncurrent deferred revenue | $368.7M | $1.3B | ||
| Deferred income tax liabilities, net | $17.7M | $0 | ||
| Other liabilities | $256.1M | $185.4M | ||
| Total liabilities | $11.7B | $7.7B | ||
| Common stock, $0.0001 par value, 5,550.0 million shares authorized, 239.0 million shares issued and outstanding at December 31, 2025 and 500.0 million shares authorized, 143.2 million shares issued and outstanding at December 31, 2024 | $0 | $0 | ||
| Additional paid-in capital | $2.8B | $1.2B | ||
| Accumulated other comprehensive loss | -$1.9M | -$600.0K | ||
| Distributions in excess of accumulated earnings | -$2.4B | -$3.7B | ||
| Total Uniti shareholders' equity (deficit) | $380.3M | -$2.5B | ||
| Noncontrolling interests | $100.0K | $500.0K | ||
| Total shareholders' equity (deficit) | $380.4M | -$2.5B | -$2.5B | -$2.3B |
| Total liabilities and shareholders' equity | $12.0B | $5.3B | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in shares) | 5.5B shares | 500.0M shares | ||
| Common stock, shares issued (in shares) | 234.0M shares | 143.2M shares | ||
| Common stock, shares outstanding (in shares) | 234.0M shares | 143.2M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $1.3B | $93.4M | -$81.7M |
| Depreciation and amortization | $666.6M | $314.9M | $310.5M |
| Amortization of deferred financing costs, debt discount and premium | $14.3M | $22.7M | $18.5M |
| Loss on extinguishment of debt | $183.0M | $0 | $31.2M |
| Deferred income taxes | -$143.5M | -$18.9M | -$68.5M |
| Straight-line revenues and amortization of below-market lease intangibles | -$15.4M | -$30.6M | -$37.9M |
| Stock-based compensation | $23.5M | $13.5M | $12.5M |
| Goodwill impairment | $0 | $0 | $204.0M |
| Gain on sale of operating assets | $0 | -$19.0M | $0 |
| Gain on settlement of preexisting relationships | -$1.7B | $0 | $0 |
| Provision for estimated credit losses | $15.9M | $1.1M | $1.2M |
| Other, net | $8.1M | $7.3M | $7.0M |
| Accounts receivable | -$8.5M | -$6.2M | -$4.9M |
| Inventory | -$41.5M | $0 | $0 |
| Prepaid expenses | -$7.5M | $800.0K | -$1.4M |
| Other current assets | $5.6M | -$1.6M | $600.0K |
| Other assets | -$13.0M | -$500.0K | $20.6M |
| Accounts payable | $32.7M | $7.8M | $200.0K |
| Accrued interest | -$64.1M | $10.2M | $12.4M |
| Accrued taxes | $4.9M | $1.2M | $1.4M |
| Deferred revenue | $86.1M | $8.2M | $1.0M |
| Other current liabilities | $25.9M | $0 | -$6.0M |
| Other liabilities | -$11.0M | -$2.1M | -$1.4M |
| Noncurrent deferred revenue | -$42.2M | -$37.4M | -$47.6M |
| Operating lease assets and lease obligations | $8.0M | $1.8M | -$18.5M |
| Other, net | $1.5M | $0 | $0 |
| Net cash provided from operating activities | $350.2M | $366.6M | $353.2M |
| Capital expenditures | -$787.8M | -$354.8M | -$417.0M |
| Merger cash consideration paid, net of cash acquired | -$229.5M | $0 | $0 |
| Capital expenditures funded by government grants | -$22.0M | $0 | $0 |
| Grant funds received for broadband expansion | $17.0M | $0 | $0 |
| Proceeds from sale of IPv4 addresses and other assets | $10.6M | $2.6M | $5.7M |
| Proceeds from sale of operating assets | $0 | $40.0M | $0 |
| Proceeds from sale of unconsolidated entity | $0 | $40.0M | $0 |
| Net cash used in investing activities | -$1.0B | -$272.2M | -$411.3M |
| Proceeds from issuance of debt | $4.7B | $714.0M | $3.1B |
| Repayments of debt | -$3.8B | -$460.9M | -$2.7B |
| Dividends paid | $0 | -$108.5M | -$107.4M |
| Payments of settlement obligation | -$73.5M | -$98.0M | -$98.0M |
| Payments for financing costs | -$235.7M | -$15.8M | -$71.3M |
| Other, net | -$13.0M | -$3.7M | -$3.0M |
| Net cash provided from financing activities | $611.8M | $27.1M | $76.6M |
| Net (decrease) increase in cash, restricted cash and cash equivalents | -$49.7M | $121.5M | $18.5M |
No quarter-by-quarter statement was filed.
Corporate structure
Uniti sits at the top of its group. 78 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Uniti
- T. Rowe Price Investment Management, Inc. Filed SCHEDULE 13G/A on Uniti, latest Aug 14, 2026 (3 filings since Feb 17, 2026)
- BlackRock Filed SCHEDULE 13G/A on Uniti, latest Jul 30, 2026 (10 filings since Jan 26, 2022)
- VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on Uniti, latest Apr 29, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Uniti, latest Mar 26, 2026 (7 filings since Feb 9, 2022)
- PACIFIC INVESTMENT MANAGEMENT CO LLC Filed SCHEDULE 13G on Uniti, latest Nov 14, 2025
- Elliott Investment Management L.P. Filed SCHEDULE 13D on Uniti, latest Aug 8, 2025 (2 filings since Feb 14, 2023)
- Uniti Baltimore, Maryland, United States
- ANS Connect, LLC Subsidiary · Georgia, United States
- Contact Network, LLC Subsidiary · Alabama, United States
- CSL Alabama System, LLC Subsidiary · Delaware, United States
- CSL Arkansas System, LLC Subsidiary · Delaware, United States
- CSL Capital, LLC Subsidiary · Delaware, United States
- CSL Florida System, LLC Subsidiary · Delaware, United States
- CSL Georgia Realty, LLC Subsidiary · Delaware, United States
- CSL Georgia System, LLC Subsidiary · Delaware, United States
- CSL Iowa System, LLC Subsidiary · Delaware, United States
- CSL Kentucky System, LLC Subsidiary · Delaware, United States
- CSL Mississippi System, LLC Subsidiary · Delaware, United States
- CSL Missouri System, LLC Subsidiary · Delaware, United States
- CSL National GP, LLC Subsidiary · Delaware, United States
- CSL National, LP Subsidiary · Delaware, United States
- CSL New Mexico System, LLC Subsidiary · Delaware, United States
- CSL North Carolina Realty GP, LLC Subsidiary · Delaware, United States
- CSL North Carolina Realty, LP Subsidiary · Delaware, United States
- CSL North Carolina System, LP Subsidiary · Delaware, United States
- CSL Ohio System, LLC Subsidiary · Delaware, United States
- CSL Oklahoma System, LLC Subsidiary · Delaware, United States
- CSL Realty, LLC Subsidiary · Delaware, United States
- CSL Tennessee Realty Partner, LLC Subsidiary · Delaware, United States
- CSL Tennessee Realty, LLC Subsidiary · Delaware, United States
- CSL Texas System, LLC Subsidiary · Delaware, United States
- Hunt Brothers of Louisiana, L.L.C. Subsidiary · Louisiana, United States
- and 52 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Uniti reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $6.2B11 Dec 31, 2023 | $6.0B11 Dec 31, 2022 | +4.1% |
| Finance-lease assets | $52.8M12 Dec 31, 2024 | $52.6M12 Dec 31, 2023 | +0.4% |
| Operating-lease assets (leased space) | $126.8M12 Dec 31, 2024 | $125.1M12 Dec 31, 2023 | +1.3% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $155.6M12 Dec 31, 2024 | $62.3M12 Dec 31, 2023 | +149.9% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $157.4M12 Dec 31, 2024 | $157.4M12 Dec 31, 2023 | 0% |
| Intangible assets, net (excluding goodwill) | $275.4M12 Dec 31, 2024 | $305.1M12 Dec 31, 2023 | −9.7% |
| Accumulated amortization | $203.7M12 Dec 31, 2024 | $174.0M12 Dec 31, 2023 | +17.1% |
Properties, in its own words
Uniti and its subsidiaries own or lease approximately 145,000 fiber network route miles, representing approximately 8.8 million fiber strand miles, approximately 231,000 route miles of copper cable lines, wireless communication towers, central office land and buildings across 44 states and beneficial rights to permits, pole agreements and easements.
Leasing Segment
The rest of Item 2
Uniti Leasing’s network properties include its fiber route miles and copper route miles. Below is a geographic distribution summary as of December 31, 2024:
Location · Fiber Route Miles · Copper Route Miles · Total Route Miles
GA · 16,100 · 45,000 · 61,100
TX · 13,900 · 39,100 · 53,000
KY · 13,800 · 32,700 · 46,500
IA · 9,700 · 31,600 · 41,300
OH · 6,200 · 10,700 · 16,900
NC · 6,000 · 18,000 · 24,000
AR · 5,200 · 13,500 · 18,700
FL · 3,600 · 8,400 · 12,000
IL · 3,600 · — · 3,600
OK · 2,700 · 12,200 · 14,900
IN · 2,100 · — · 2,100
MI · 2,100 · — · 2,100
WI · 2,000 · — · 2,000
CA · 1,800 · — · 1,800
MO · 1,800 · 10,800 · 12,600
NM · 1,800 · 5,200 · 7,000
NY · 1,400 · — · 1,400
TN · 1,400 · — · 1,400
AL · 1,300 · 2,400 · 3,700
PA · 1,300 · — · 1,300
VA · 1,100 · — · 1,100
CO · 1,000 · — · 1,000
Other(1) · 6,800 · 1,300 · 8,100
Total · 106,700 · 230,900 · 337,600
(1)Includes 22 states.
Fiber Segment
Uniti Fiber’s network properties include its fiber route miles and wireless communications towers. Below is a geographic distribution summary of approximate fiber route miles and wireless communications towers as of December 31, 2024:
Location · Fiber Route Miles
FL · 9,700
LA · 7,100
GA · 6,200
AL · 5,500
MS · 3,400
VA · 1,600
NY · 1,500
TX · 1,200
Other(1) · 2,200
Total · 38,400
(1)Includes 14 states.
Location · Towers
LA · 9
Other(1) · 3
Total · 12
(1)Includes 3 states.
Item 2 of the 10-K filed Feb 21, 2025.7
Leadership
Who has led Uniti, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
20202025
- Chief executive officerKenny Gunderman Aug 5, 2025 to now16
- Chief executive officerKenny Gunderman Jun 2, 2015 to now17
- PresidentJohn Harrobin Aug 5, 2025 to now18
- PresidentKenny Gunderman Aug 5, 2025 to now16
- PresidentKenny Gunderman Jun 2, 2015 to Aug 5, 202517
- Chief financial officerPaul Bullington Aug 5, 2025 to now19
- Chief financial officerPaul Bullington Jun 1, 2021 to now20
- Chief financial officerMark A. Wallace Apr 1, 2015 to Apr 6, 202121
Board members and other officers (30)
- SEVP, Ch. Fin. Off. & Treas.Paul Bullington Aug 4, 2025 to now22
- SEVP, Gen. Counsel & SecretaryDaniel L. Heard Aug 5, 2025 to now23
- Pres. & Chief Exec. OfficerKenny Gunderman Aug 5, 2025 to now24
- SEVP & Chief Tech. OfficerMichael Friloux Aug 5, 2025 to now25
- SVP & Chief Accounting OfficerTravis Black Aug 5, 2025 to now26
- EVP-CHIEF TECHNOLOGY OFFICERMichael Friloux Feb 28, 2022 to now27
- Interim PAOTravis Black May 11, 2021 to now28
- EVP-Pres of Fiber OperationsRonald J. Mudry Sep 2, 2016 to now29
- OfficerKenny Gunderman Mar 26, 2015 to Mar 2, 201630
- OfficerBlake Schuhmacher May 12, 2015 to Apr 6, 202131
- OfficerDaniel L. Heard Jun 2, 2015 to now32
- OfficerMark A. Wallace Jun 2, 2015 to Apr 4, 201633
- Board memberJarrett Appleby May 26, 2026 to now34
- Board memberHarold Zeitz Jun 9, 2025 to now35
- Board memberCarmen Perez-Carlton Aug 5, 2025 to now36
- Board memberFrancis X. Frantz Aug 5, 2025 to now37
- Board memberHarold Zeitz Aug 5, 2025 to now38
- Board memberJoseph M. Natale Aug 5, 2025 to now39
- Board memberKenny Gunderman Aug 5, 2025 to now24
- Board memberMary McLaughlin Aug 5, 2025 to now40
- Board memberRandolph Dunbar Aug 5, 2025 to now41
- Board memberScott G. Bruce Aug 5, 2025 to now42
- Board memberCarmen Perez-Carlton Oct 3, 2019 to now43
- Board memberScott G. Bruce Jul 1, 2016 to now44
- Board memberAndrew Frey Aug 11, 2016 to Apr 8, 201945
- Board memberFrancis X. Frantz Mar 26, 2015 to now46
- Board memberKenny Gunderman Mar 26, 2015 to now30
- Board memberDavid L. Solomon Jun 2, 2015 to Feb 24, 202247
- Board memberJennifer S. Banner Jun 2, 2015 to now48
- General counselDaniel L. Heard Apr 1, 2015 to Apr 1, 201549
Subsidiaries and ownership
Subsidiaries
- Kinetic
Subsidiaries (Exhibit 21)
- ANS Connect, LLC Georgia5
- CSL Alabama System, LLC Delaware5
- CSL Arkansas System, LLC Delaware5
- CSL Capital, LLC Delaware5
- CSL Florida System, LLC Delaware5
- CSL Georgia Realty, LLC Delaware5
- CSL Georgia System, LLC Delaware5
- CSL Iowa System, LLC Delaware5
- CSL Kentucky System, LLC Delaware5
- CSL Mississippi System, LLC Delaware5
- CSL Missouri System, LLC Delaware5
- CSL National GP, LLC Delaware5
- CSL National, LP Delaware5
- CSL New Mexico System, LLC Delaware5
- CSL North Carolina Realty GP, LLC Delaware5
- CSL North Carolina Realty, LP Delaware5
- CSL North Carolina System, LP Delaware5
- CSL Ohio System, LLC Delaware5
- CSL Oklahoma System, LLC Delaware5
- CSL Realty, LLC Delaware5
- CSL Tennessee Realty Partner, LLC Delaware5
- CSL Tennessee Realty, LLC Delaware5
- CSL Texas System, LLC Delaware5
- Contact Network, LLC Alabama5
All 78 listed subsidiaries
- Hunt Brothers of Louisiana, L.L.C. Louisiana5
- Hunt Telecommunications, LLC Louisiana5
- InLine Services, LLC Delaware5
- Information Transport Solutions, LLC Alabama5
- Integrated Data Systems, L.L.C. Louisiana5
- Nexus Systems, LLC Louisiana5
- Nexus Wireless, L.L.C. Louisiana5
- PEG Bandwidth DC, LLC Delaware5
- PEG Bandwidth DE, LLC Delaware5
- PEG Bandwidth LA, LLC Delaware5
- PEG Bandwidth MA, LLC Delaware5
- PEG Bandwidth MD, LLC Delaware5
- PEG Bandwidth MS, LLC Delaware5
- PEG Bandwidth NJ, LLC Delaware5
- PEG Bandwidth NY Telephone Corp. New York5
- PEG Bandwidth PA, LLC Delaware5
- PEG Bandwidth Services, LLC Delaware5
- PEG Bandwidth TX, LLC Delaware5
- PEG Bandwidth VA, LLC Delaware5
- Southern Light, LLC Alabama5
- Talk America Services, LLC Delaware5
- Uniti Dark Fiber LLC Delaware5
- Uniti Fiber 2020 LLC Delaware5
- Uniti Fiber ABS Holdco LLC Delaware5
- Uniti Fiber ABS Issuer LLC Delaware5
- Uniti Fiber ABS Parent LLC Delaware5
- Uniti Fiber Bridge Borrower LLC Delaware5
- Uniti Fiber Bridge HoldCo LLC Delaware5
- Uniti Fiber GulfCo LLC Delaware5
- Uniti Fiber Holdings Inc. Delaware5
- Uniti Fiber LLC Delaware5
- Uniti Fiber TRS AssetCo LLC Delaware5
- Uniti Fiber TRS HoldCo LLC Delaware5
- Uniti Fiber TRS Issuer LLC Delaware5
- Uniti Fiber TRS LLC Delaware5
- Uniti Group Finance 2019 Inc. Delaware5
- Uniti Group Finance Inc. Delaware5
- Uniti Group Holdco LLC Delaware5
- Uniti Group LP Delaware5
- Uniti Group LP LLC Delaware5
- Uniti Holdings GP LLC Delaware5
- Uniti Holdings LP Delaware5
- Uniti LATAM GP LLC Delaware5
- Uniti LATAM LP Delaware5
- Uniti Leasing LLC Delaware5
- Uniti Leasing X LLC Delaware5
- Uniti Leasing XI LLC Delaware5
- Uniti Leasing XII LLC Delaware5
- Uniti National LLC Delaware5
- Uniti QRS Holdings GP LLC Delaware5
- Uniti QRS Holdings LP Delaware5
- Uniti Towers NMS Holdings LLC Delaware5
- Uniti Wireless Holdings LLC Delaware5
- WE UC SOLUTIONS LIMITED IRELAND6
From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Aug 21, 20268-K Other events50
- Jul 31, 20268-K Other events51
- Jul 30, 20268-K Results of operations52
- Jul 23, 20268-K Other events53
- Jul 17, 20268-K Entered a material agreement; New debt or obligation54
- Jun 5, 20268-K Other events55
- Jun 1, 20268-K Other events56
- May 22, 20268-K Executive or director change; Shareholder vote57
- May 11, 20268-K Results of operations58
- Apr 14, 20268-K Bylaws or fiscal year changed59
- Mar 2, 20268-K Results of operations60
- Feb 4, 20268-K Entered a material agreement; New debt or obligation61
- Jun 2, 2015New chief executive Kenny Gunderman becomes CEO17
- Apr 24, 2015Founded Founded1
- Apr 20, 2015Went public Listed on NASDAQ1
Calendar
Coming up
- Nov 9, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.16 a share, on Nov 4, 2025.62
When it reported results
- Jul 30, 2026Reported quarterly or annual results52
- May 11, 2026Reported quarterly or annual results58
- Mar 2, 2026Reported quarterly or annual results60
- Nov 4, 2025Reported quarterly or annual results63
- Aug 5, 2025Reported quarterly or annual results64
- May 6, 2025Reported quarterly or annual results65
- Feb 21, 2025Reported quarterly or annual results66
- Oct 31, 2024Reported quarterly or annual results67
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
437 filings to the SEC since October 2021: 11 annual reports, 17 quarterly reports, 102 major events, 178 insider forms, 24 large holders, 105 other. The latest 20:
- Aug 21, 20268-K EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 3, 20264 PRIMARY DOCUMENT EDGAR
- Aug 3, 20264 PRIMARY DOCUMENT EDGAR
- Aug 3, 20264 PRIMARY DOCUMENT EDGAR
- Aug 3, 20264 PRIMARY DOCUMENT EDGAR
- Jul 31, 20268-K EDGAR
- Jul 30, 2026SCHEDULE 13G/A EDGAR
- Jul 30, 202610-Q EDGAR
- Jul 30, 20268-K EDGAR
- Jul 23, 20268-K EDGAR
- Jul 17, 20268-K EDGAR
- Jun 5, 20268-K EDGAR
- Jun 1, 20268-K EDGAR
- May 26, 20264 PRIMARY DOCUMENT EDGAR
- May 26, 20263 PRIMARY DOCUMENT EDGAR
- May 26, 20264 PRIMARY DOCUMENT EDGAR
- May 26, 20263 PRIMARY DOCUMENT EDGAR
- May 26, 2026S-8 EDGAR
- May 22, 20268-K EDGAR
The 437 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 1 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 6, 2024 | Mudry Ronald J.SVP, Chief Revenue Officer | Sale | 28,693 | $3.94 | $113.0K | Form 4 |
| Mar 9, 2023 | Gunderman KennyPresident & Chief Exec. Off. | Buy | 225,000 | $4.37 | $983.2K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- T. Rowe Price Investment Management, Inc.SCHEDULE 13G/A, 3 filings Feb 17, 2026 to Aug 14, 202668
- BlackRockSCHEDULE 13G/A, 10 filings Jan 26, 2022 to Jul 30, 202669
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202670
- VANGUARD GROUP INCSCHEDULE 13G/A, 7 filings Feb 9, 2022 to Mar 26, 202671
- PACIFIC INVESTMENT MANAGEMENT CO LLCSCHEDULE 13G, 1 filing Nov 14, 202572
- Elliott Investment Management L.P.SCHEDULE 13D, 2 filings Feb 14, 2023 to Aug 8, 202573
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | John HarrobinSr. EVP & President of Kinetic | $476.0K | $13.0M74 | |
| 2025 | Kenneth A. GundermanPresident & CEO | 55 | $725.0K | $9.2M74 |
| 2025 | Paul BullingtonSr. EVP, CFO & Treasurer | $453.2K | $3.6M74 | |
| 2025 | Daniel L. HeardSr. EVP, General Counsel & Secretary | $424.4K | $2.6M74 | |
| 2025 | Michael FrilouxSr. EVP & Chief Technology Officer | $344.8K | $2.3M74 | |
| 2024 | Kenneth A. GundermanPresident and CEO | 54 | $725.0K | $11.3M75 |
| 2024 | Paul BullingtonSVP—CFO and Treasurer | $453.2K | $3.5M75 | |
| 2024 | Daniel L. HeardEVP—General Counsel and Secretary | $412.0K | $3.0M75 | |
| 2024 | Michael FrilouxEVP—Chief Technology Officer | $334.8K | $2.8M75 | |
| 2024 | Ronald J. MudrySVP—Chief Revenue Officer | $360.5K | $2.7M75 | |
| 2023 | Kenneth A. GundermanPresident and CEO | 54 | $725.0K | $4.9M75 |
| 2023 | Paul BullingtonSVP—CFO and Treasurer | $453.2K | $1.8M75 | |
| 2023 | Daniel L. HeardEVP—General Counsel and Secretary | $412.0K | $1.5M75 | |
| 2023 | Michael FrilouxEVP—Chief Technology Officer | $334.8K | $1.2M75 | |
| 2023 | Ronald J. MudrySVP—Chief Revenue Officer | $360.5K | $1.1M75 | |
| 2022 | Kenneth A. GundermanPresident and CEO | 54 | $725.0K | $5.0M75 |
| 2022 | Paul BullingtonSVP—CFO and Treasurer | $440.0K | $1.7M75 | |
| 2022 | Daniel L. HeardEVP—General Counsel and Secretary | $400.0K | $1.5M75 | |
| 2022 | Michael FrilouxEVP—Chief Technology Officer | $325.0K | $1.3M75 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Elliott Investment Management L.P. | 59,012,219 | $676.9M | 4.7% | No change |
| BlackRock, Inc. | 30,138,880 | $345.7M | 0.0% | +3,078,972 |
| Vanguard Portfolio Management LLC | 12,545,880 | $143.9M | 0.0% | +356,992 |
| Apollo Management Holdings, L.P. | 10,638,901 | $122.0M | 2.0% | +1,367,187 |
| Vanguard Capital Management LLC | 10,075,024 | $115.6M | 0.0% | +191,612 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 9,268,130 | $106.3M | 0.1% | +3,888,138 |
| State Street Corp | 8,848,002 | $101.5M | 0.0% | +1,065,414 |
| Bracebridge Capital, LLC | 8,023,590 | $92.0M | 20.0% | +280,125 |
| Geode Capital Management, LLC | 4,686,323 | $53.8M | 0.0% | +231,814 |
| Diameter Capital Partners LP | 4,000,000 | $45.9M | 6.0% | −1,681,528 |
| Charles Schwab Investment Management Inc | 3,452,970 | $39.6M | 0.0% | −237,401 |
| Allianz Asset Management GmbH | 3,448,842 | $39.6M | 0.0% | No change |
| LMR Partners LLP | 3,135,000 | $36.0M | 0.3% | +11,300 |
| Goldman Sachs Group Inc | 3,045,941 | $34.9M | 0.0% | +131,496 |
| Nomura Holdings Inc | 2,604,099 | $29.9M | 0.1% | −160,662 |
| Northern Trust Corp | 2,327,644 | $26.7M | 0.0% | +221,875 |
| Deutsche Bank Ag\ | 2,058,417 | $23.6M | 0.0% | +692,276 |
| Jpmorgan Chase & Co | 1,836,764 | $21.0M | 0.0% | −327,487 |
| Millennium Management LLC | 1,521,128 | $17.4M | 0.0% | −757,802 |
| Morgan Stanley | 1,416,372 | $16.2M | 0.0% | +112,632 |
| Sentinel Dome Partners, LLC | 1,401,907 | $16.1M | 20.8% | +620,000 |
| Bank of New York Mellon Corp | 1,368,867 | $15.7M | 0.0% | −5,393 |
| Dimensional Fund Advisors LP | 1,331,178 | $15.3M | 0.0% | +348 |
| Vanguard Fiduciary Trust Co | 1,311,027 | $15.0M | 0.0% | +105,733 |
| Verition Fund Management LLC | 1,207,984 | $13.9M | 0.1% | +582,984 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Uniti is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARUniti Group LLC2
- CIK0001620280
- Employer ID (EIN)46-52306307
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company7
- Incorporated inMaryland7
- Fiscal year endsDecember 312
- Industry code (SIC)6798 Real Estate Investment Trusts2
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance2
- Business address2101 Riverfront Drive, Suite A, Little Rock, AR 722022
- Phone501-850-08202
- Shares outstanding246,191,625 as of Jul 24, 202576
- Public float$694.5M as of Jun 30, 20247
- AuditorKPMG LLP, Dallas, Texas PCAOB ID 185; it also attests to the company’s internal control over financial reporting7
- On EDGAR sinceOct 24, 20142
- Filings674 in all: 4 (243), 8-K (170), 425 (44), 10-Q (32), SC 13G/A (22), 3 (19), CORRESP (13), UPLOAD (12)2
All 44 form types
10-K (10), DEF 14A (10), SC 13G (10), DEFA14A (9), 424B3 (7), 10-K/A (6), SCHEDULE 13G/A (6), 424B7 (5), 10-12B/A (4), 424B5 (4), 8-K/A (4), CT ORDER (4), ARS (3), NT 10-K (3), POSASR (3), S-3ASR (3), S-8 (3), S-8 POS (3), SC 13D/A (3), 4/A (2), SEC STAFF LETTER (2), 10-12B (1), 144 (1), 15-12B (1), 15-12G (1), 424B4 (1), CERTNAS (1), D (1), DEFM14A (1), EFFECT (1), FWP (1), PRE 14A (1), RW (1), S-11 (1), S-4 (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Feb 21, 2025
Quarterly report (10-Q) Jul 31, 2025
Proxy statement (DEF 14A) Apr 29, 2025
Latest 8-K (8-K) Aug 1, 2025
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.0001 Par Value | UNIT | The NASDAQ Global Select Market |
From the cover page of the 10-K filed Feb 21, 2025 (Section 12(b) of the Exchange Act).7
Risk factors and legal proceedings
The risks Uniti names in Item 1A of its 10-K filed Feb 21, 2025: 32 risks under these headings, as written.7
- Risks Related to our Proposed Merger with Windstream
- A failure to complete and close our Merger with Windstream could cause reputational harm and have a negative impact on our business, operations, earnings, financial results and the trading and pricing of our common stock.
- Failure to realize the benefits expected from our Merger with Windstream could adversely affect the value of our common stock.
- Business uncertainties while our Merger with Windstream is pending may negatively impact our ability to attract and retain personnel.
- If our Merger with Windstream is not completed, we will have incurred substantial expenses without realizing the expected benefits of our Merger with Windstream.
- Our Merger with Windstream may distract our management from their other responsibilities and the Merger Agreement may limit our ability to pursue new opportunities.
- The Merger Agreement contains provisions that limit our ability to pursue alternatives to the Merger and could discourage a potential competing transaction counterparty from making a favorable alternative transaction proposal to us.
- Shareholder litigation could prevent or delay the closing of our Merger with Windstream or otherwise negatively impact our business and operations.
- If our Merger with Windstream is completed, Uniti shareholders may recognize taxable gain or loss for U.S. federal income tax purposes as a result of the transaction, and be liable for tax with respect to any such gain, even though they will not receive any cash in the transaction.
- Our Merger with Windstream is subject to the receipt of required approvals, consents and clearances from regulatory authorities, which if delayed or not granted or granted with unacceptable conditions, may prevent, delay or jeopardize the consummation of our Merger with Windstream, result in additional expenditures of money and resources and/or reduce the anticipated benefits of our Merger with Windstream.
- If our Merger with Windstream is completed, the Windstream Leases will become intercompany agreements; the performance and financial condition of New Uniti will remain subject to Windstream’s ability to satisfy its payment and other obligations under the Windstream Leases.
- Upon consummation of our Merger with Windstream, New Uniti will become an integrated telecommunications company and will be subject to additional risks associated with Windstream’s business.
The other 21 risks
- Risks Related to our Business
- We are dependent on Windstream to make payments to us under the Windstream Leases, and an event that materially and adversely affects Windstream’s business, financial position or results of operations could materially and adversely affect our business, financial position or results of operations.
- We may be unable to renew the Windstream Leases on commercially attractive terms or at all.
- Our level of indebtedness could materially and adversely affect our financial position, including reducing funds available for other business purposes and reducing our operational flexibility.
- We anticipate that we will have sufficient access to liquidity to fund our cash needs; if we are unable to do so, we would need to reduce our spending and it could have an adverse effect on us.
- We intend to pursue acquisitions and seek other strategic opportunities, which may result in the use of a significant amount of management resources or significant costs, and we may not fully realize the potential benefits of such transactions.
- We are dependent on the communications industry and may be susceptible to the risks associated with it, which could materially adversely affect our business, financial position or results of operations.
- Any further impairment of our goodwill would negatively impact our financial condition.
- We or our tenants may experience uninsured or underinsured losses, which could result in a significant loss of the capital we have invested in a property, decrease anticipated future revenues or cause us to incur unanticipated expenses.
- We rely on information technology in our operations, and any material failure, inadequacy, interruption or security failure of that technology could harm our business.
- Any failure of our physical infrastructure or services could lead to significant costs and disruptions.
- Unforeseen events could adversely affect our operations, business, and reputation.
- Risks Related to the Status of Uniti as a REIT
- If we failed to qualify as a REIT for those years for which we have elected REIT status or cease to qualify as a REIT in connection with our Merger with Windstream, we will be subject to U.S. federal income tax as a regular corporation and could face a substantial tax liability, which could reduce the amount of cash available for distribution to our stockholders and to service debt.
- Legislative or other actions affecting REITs could have a negative effect on us
- We could fail to qualify as a REIT if income we receive from lease transactions, such as income from Windstream pursuant to the Windstream Leases, is not treated as qualifying income
- REIT distribution requirements could adversely affect our ability to execute our business plan
- A deterioration in Windstream’s financial condition could adversely affect our ability to continue to qualify as a REIT
- Even if we remain qualified as a REIT, we may face other tax liabilities that reduce our cash flow
- Complying with the REIT requirements may cause us to forego otherwise attractive acquisition opportunities
- Risks Related to Our Common Stock
- We cannot guarantee our ability to pay dividends in the future (including if our Merger with Windstream is consummated), and we could elect to pay dividends substantially in the form of additional shares of our common stock.
- The market price and trading volume of our common stock may fluctuate widely
- Our charter restricts the ownership and transfer of our outstanding stock, which may have the effect of delaying, deferring or preventing a transaction or change of control of our company
Legal proceedings
A description of legal proceedings can be found in Note 15 - Commitments and Contingencies to our consolidated financial statements in Part II, Item 8 “Financial Statements and Supplementary Data,” of this Annual Report on Form 10-K and is incorporated by reference into this Item 3.
The opening of Item 3, Legal Proceedings.7
Links
- Websiteuniti.com1
- X (Twitter)x.com/unitifiber1
- LinkedInwww.linkedin.com/company/uniti-group-inc1
- WikidataQ135579976
- SEC EDGARCIK 1620280
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataUniti on Wikidata
- 2SEC EDGARUniti filings on SEC EDGAR
- 3
- 4Wikimedia CommonsUniti logo by Uniti Group, Inc, CC BY-SA 4.0
- 5
- 6
- 7
- 8SEC EDGARUniti 10-K for fiscal 2025
- 9SEC EDGARUniti 10-K for fiscal 2019
- 10SEC EDGARUniti 10-K for fiscal 2020
- 11SEC EDGARUniti 10-K for fiscal 2021
- 12SEC EDGARUniti 10-K for fiscal 2022
- 13SEC EDGARUniti 10-Q for fiscal 2026
- 14SEC EDGARUniti 10-Q for fiscal 2026
- 15SEC EDGARUniti 10-K for fiscal 2019
- 16
- 17
- 18SEC EDGARJohn Harrobin, President
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28SEC EDGARTravis Black, Interim PAO
- 29
- 30SEC EDGARKenny Gunderman, Officer
- 31SEC EDGARBlake Schuhmacher, Officer
- 32SEC EDGARDaniel L. Heard, Officer
- 33SEC EDGARMark A. Wallace, Officer
- 34SEC EDGARJarrett Appleby, Board member
- 35SEC EDGARHarold Zeitz, Board member
- 36SEC EDGARCarmen Perez-Carlton, Board member
- 37SEC EDGARFrancis X. Frantz, Board member
- 38SEC EDGARHarold Zeitz, Board member
- 39SEC EDGARJoseph M. Natale, Board member
- 40SEC EDGARMary McLaughlin, Board member
- 41SEC EDGARRandolph Dunbar, Board member
- 42SEC EDGARScott G. Bruce, Board member
- 43SEC EDGARCarmen Perez-Carlton, Board member
- 44SEC EDGARScott G. Bruce, Board member
- 45SEC EDGARAndrew Frey, Board member
- 46SEC EDGARFrancis X. Frantz, Board member
- 47SEC EDGARDavid L. Solomon, Board member
- 48SEC EDGARJennifer S. Banner, Board member
- 49SEC EDGARDaniel L. Heard, General counsel
- 50SEC EDGAROther events
- 51SEC EDGAROther events
- 52SEC EDGARResults of operations
- 53SEC EDGAROther events
- 54
- 55SEC EDGAROther events
- 56SEC EDGAROther events
- 57
- 58SEC EDGARResults of operations
- 59SEC EDGARBylaws or fiscal year changed
- 60SEC EDGARResults of operations
- 61
- 62NasdaqNasdaq calendar
- 63
- 64
- 65
- 66
- 67
- 68
- 69SEC EDGARBlackRock SCHEDULE 13G/A on Uniti
- 70
- 71
- 72
- 73
- 74
- 75
- 76