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Uniti Group Inc. ("Uniti") (NASDAQ:UNIT) is pleased to announce a significant network expansion in Huntsville, Alabama, one of Uniti's existing 30 enterprise markets. This network expansion, which will span approximately 70 route miles when complete, will support one of its strategic hyperscale customers.
Through a recently signed 20 year contract, Uniti is providing multiple conduits and high-strand count fiber to its hyperscale customer in order to connect key data center locations within the Huntsville metropolitan area, as well as tie-in diverse, long-haul routes connecting Huntsville to other regional and national data center markets.
"We are excited to expand our relationship with this existing hyperscale customer in one of the fastest growing cities in the country," said Greg Ortyl, Uniti's President of Wholesale & Strategic Accounts. "With the explosion of generative Artificial Intelligence applications and the related power requirements, we have seen Uniti's southeastern tier-two and tier-three markets become more attractive to the hyperscaler segment as they identify areas with excess power availability."
The Huntsville market is a great example of Uniti's overall lease-up strategy. Uniti first launched this market in 2007 for a strategic government customer to connect key locations and immediately began selling to enterprise customers near that deployed network, highlighted by a sizeable biotechnology customer contract in 2015. Uniti then began providing fiber infrastructure to local school districts beginning in 2016. In the following years, Uniti was awarded several contracts by large wireless carriers to deploy fiber-based Ethernet backhaul to macro cell sites and dark fiber fronthaul to small cells. Uniti now counts healthcare organizations, K-12 and higher education institutions, data centers, biotechnology companies, wireless carriers and hyperscalers as customers within this market.
Uniti plans to deliver these fiber routes to its customer over the next two years, and once complete, will own 190 route miles of dark and lit infrastructure within the Huntsville market.
Posted In: UNIT
