UNITI + WINDSTREAM
Transaction Highlights
Premier Insurgent U.S. Fiber Provider
Creates scaled platform for growth with differentiated focus on Tier II and III markets. Combined company will serve more than 1.1 million customers and be well-positioned in the rapidly growing market for digital infrastructure services.
Creates scaled platform for growth with differentiated focus on Tier II and III markets. Combined company will serve more than 1.1 million customers and be well-positioned in the rapidly growing market for digital infrastructure services.
Enhanced Cash Flow Generation
Drives Growth
Combination will accelerate fiber-to-the-home deployments, with the option to expand FTTH builds by up to 1 million additional households.
Combination will accelerate fiber-to-the-home deployments, with the option to expand FTTH builds by up to 1 million additional households.
Meaningful Synergies and M&A Opportunities Create Additional Value
Expect total targeted annual opex and capex synergies of up to $125 million. With a national scaled platform, Uniti expects to have substantial M&A opportunities.
Expect total targeted annual opex and capex synergies of up to $125 million. With a national scaled platform, Uniti expects to have substantial M&A opportunities.
De-levered Balance Sheet
Net leverage at year-end 2023 for the combined company is 4.8x, which is a significant improvement over Uniti’s year-end net leverage of 6.0x. Growth and free cash flow generation are expected to improve leverage trajectory.
Net leverage at year-end 2023 for the combined company is 4.8x, which is a significant improvement over Uniti’s year-end net leverage of 6.0x. Growth and free cash flow generation are expected to improve leverage trajectory.
Improved Services to an Expanded
Customer Set
Customers will benefit from an expanded network and more integrated services that will deliver faster speeds at competitive prices.
Customers will benefit from an expanded network and more integrated services that will deliver faster speeds at competitive prices.
Bridging the Digital Divide
The combination will help address the growing demand for telecom services by providing high speed connectivity to both businesses and consumers, including areas that are currently under-served today.
The combination will help address the growing demand for telecom services by providing high speed connectivity to both businesses and consumers, including areas that are currently under-served today.