FAQ

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Why are you doing this transaction?

The combination brings together Uniti’s national wholesale owned fiber network and Windstream’s fiber-to-the-home business, creating a premier insurgent fiber provider in the U.S., with a particularly strong presence in the Midwest and Southeast. The new combined company will have an expanded and diversified footprint and compelling financial profile that is well-positioned in the rapidly growing market for digital infrastructure services, particularly in Tier II and Tier III markets. Importantly, the combination accelerates our growth and competitiveness, including significantly expanding our broadband buildout. Together, we will create a premier national fiber provider that will help bridge the digital divide by providing high-speed connectivity to businesses and consumers.

What does this transaction mean for customers? Will this impact Uniti’s current products and services?

The combination will enable us to deliver improved services to an expanded set of customers. It is anticipated that as many as one million more households will gain access to high-speed broadband as a result of the combination. Customers will benefit from an expanded network which will deliver faster speeds at competitive prices.

Where will the combined company be headquartered?

The combined company will operate as Uniti under the ticker UNIT, with operational headquarters remaining in Little Rock, Arkansas.

Should I expect any changes to my existing contracts?

We do not expect any immediate changes to existing contracts as a result of today’s announcement. Our top priority remains serving our customers to the best of our ability and we are taking several steps to ensure a seamless transition process.

Will my point of contact change?

No, your point of contact at either Uniti or Windstream will remain the same for the time being. If there is any change to your point of contact, we will be sure to communicate that well before implementing any changes.

What are the next steps in the process?

Today’s announcement is just the first step in the process. We do not anticipate the transaction to be final until the second half of 2025. Until the transaction closes, Uniti and Windstream will remain separate companies.

Who can I contact if I still have questions?

You should reach out to your usual point of contact if you have any further questions.

FORWARD-LOOKING STATEMENTS

Certain statements in this communication 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, including, without limitation, statements regarding the anticipated closing of the merger of Uniti and Windstream (the “Merger”) and the future performance of Uniti, Windstream and the combined company following the Merger (the “Merged Group”). Words such as "anticipate(s)," "expect(s)," "intend(s)," “estimate(s),” “foresee(s),” "plan(s)," "believe(s)," "may," "will," "would," "could," "should," "seek(s)," “appear(s),” “target(s),” “project(s),” “contemplate(s),” “predict(s),” “potential,” “continue(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 management believes that the assumptions underlying the forward-looking statements are reasonable, the Company can give no assurance that its expectations will be attained. Factors which could materially alter the Company’s expectations include, but are not limited to, the satisfaction of the conditions precedent to the consummation of the Merger, including, without limitation, regulatory approvals obtained on terms desired or anticipated; unanticipated difficulties or expenditures relating to the Merger, including, without limitation, difficulties that result in the failure to realize expected synergies, efficiencies and cost savings from the Merger within the expected time period (if at all); potential difficulties in Uniti’s and Windstream’s ability to retain employees as a result of the announcement and pendency of the Merger; risks relating to the value of the Merged Group’s securities to be issued in connection with the Merger; disruptions of Uniti and Windstream’s current plans, operations and relationships with customers caused by the announcement and pendency of the Merger; legal proceedings that may be instituted against Uniti or Windstream following announcement of the Merger; demands on the Merger Group’s cash resources to make interest and principal payments on indebtedness and other expenses following closing of the Merger; changes in current or future state, federal or local laws, regulations or rules; risks inherent in the communications industry and in the ownership of communications distribution systems, including potential liability relating to environmental matters and illiquidity of real estate investments; risks associated with general economic conditions; and additional factors described in the Company’s reports filed with the SEC, including Uniti’s annual report on Form 10-K, periodic quarterly reports on Form 10-Q, periodic current reports on Form 8-K and other documents filed with the SEC.

All forward-looking statements are based on information and estimates available at the time of this communication and are not guarantees of future performance.

Except as required by applicable law, Uniti does not assume any obligation to, and expressly disclaims any duty to, provide any additional or updated information or to update any forward-looking statements, whether as a result of new information, future events or results, or otherwise. Nothing in this communication will, under any circumstances (including by reason of this communication remaining available and not being superseded or replaced by any other presentation or publication with respect to Uniti, Windstream or the Merged Group, or the subject matter of this communication), create an implication that there has been no change in the affairs of Uniti or Windstream since the date of this communication.