Uniti Group Inc. announced Friday it will take over operations of Windstream Holdings Inc. in an estimated $13.4 billion merger that reunites the Little Rock companies to create "the premier insurgent fiber provider in the United States" with more than 1 million customers.
Uniti Group Inc. announced Friday it will take over operations of Windstream Holdings Inc. in an estimated $13.4 billion merger that reunites the Little Rock companies to create "the premier insurgent fiber provider in the United States" with more than 1 million customers.
Uniti Group Inc. is not generating profits for shareholders though the Little Rock fiber provider announced Thursday it cut its losses by about half in the third quarter ending Sept. 30.
Uniti Group Inc. reported steep losses in net income and earnings per share for the first quarter of 2023 on revenue that was up 4%, the company announced Thursday.