SOURCE: Uniti Fiber

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October 24, 2016 08:02 ET

Uniti Fiber Expands Footprint In Southeast Iowa and Central, Northern Illinois Region Through Dark Fiber Award

Multi-million dollar projects in Quad Cities, Peoria and Rockford bring enhanced services, business development opportunities

ST. PETERSBURG, FL and DALLAS, TX--(Marketwired - October 24, 2016) - Uniti Fiber, a leading provider of communication infrastructure solutions for the telecommunication industry, announced a partnership with one of the nation's largest wireless carriers. The partnership includes three new network expansion projects, the Quad Cities/Davenport, Iowa area and Peoria and Rockford, Illinois.

Uniti Fiber is a newly formed company combining the leadership and communications infrastructure of industry-defining companies Tower Cloud and PEG Bandwidth, both of whom were acquired in the last year by CS&L, the Communications REIT.

Uniti Fiber has served portions of Iowa and Illinois since 2011, with an initial network footprint of over 90,000 fiber strand miles, supporting over 400 customer connections. Uniti Fiber is broadening their infrastructure to augment and expand its fiber density in these areas.

"The expanded communication infrastructure resources in these markets offer an incredibly high bandwidth, low latency network which lays the foundation for future growth and enhanced service availability," said Ron Mudry, president of Uniti Fiber. "This expansion deepens our strong commitment to these underserved regions and creates a denser fiber network that provides new and enhanced connectivity options with major commercial data centers from Chicago to St. Louis."

The investment in new dark fiber infrastructure will significantly bolster the telecom capabilities of the region across all industries, Mudry said. Benefits of the expansion include:

  • High bandwidth networks throughout the region that previously did not exist, enabling carriers to add improved competitive services
  • Improved capacity and capabilities for data -hungry applications (e.g., HD mobile, streaming video, the "Internet of Things") in underserved markets
  • Greater high-bandwidth accessibility to support improved business success, business development and community quality of life in the build-out areas
  • High performance, reliable and secure network for the transition to next generation (5G) telecommunication needs

"A strong and sustainable local and regional economy is dependent upon the communications resources available for business and residential growth," Mudry said. "This investment solidifies potential growth opportunities for the region, particularly for industries like healthcare, data centers, financial services, and other companies requiring high-speed networks looking to establish a presence in these regions. In addition, wireless carriers and their consumers will have the potential for increased availability to today's most sought-after network services."

Uniti Fiber focuses its expertise and resources on providing a variety of network connectivity options from metro and suburban areas, to lower-tier and rural markets where customers often struggle to find reliable, scalable and affordable communications solutions. The company's growing infrastructure spans 580,000+ fiber strand miles over a 19 state region, with local access to over 2,500 municipalities and dozens of utilities. This uniquely positions Uniti Fiber to deliver customized solutions wherever customers' toughest connectivity challenges exist.

About Uniti Fiber

Uniti Fiber is a leading provider of infrastructure solutions, including cell site backhaul and small cell for wireless operators, and Ethernet, Wavelengths and Dark Fiber for telecom carriers and enterprises. Whether the challenge is improving network reach and quality, increasing capacity or maintaining cost certainty for the future, Uniti Fiber delivers a custom-designed, technology-agnostic and access-agnostic solution. Uniti Fiber is a division of Communications Sales and Leasing, Inc. (CS&L), a publicly traded Real Estate Investment Trust (REIT). CS&L's common stock trades on the NASDAQ stock market under the ticker symbol: CSAL.

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