Uniti Group Inc. (Nasdaq: UNIT) announced Wednesday a new 20-year long-haul fiber and conduit contract award from an existing hyperscale customer that will connect Montgomery, Alabama, one of Uniti’s existing enterprise markets, to Cuba, Alabama.
As part of the contract award, Uniti will construct more than 130 route miles of new multi-conduit systems and high-strand count fiber cables.
A news release from the company said the new east-west infrastructure will connect “key” data center locations and provide a diverse path to other north-south, long-haul routes. The new route will end just east of Meridian, Mississippi, which is another of Uniti’s existing enterprise markets.
“Uniti’s momentum within the hyperscale space continues and is evidence of the strong demand for our customized infrastructure solutions,” Greg Ortyl, Uniti’s president of wholesale and strategic accounts, said in the release. “We continue to see our hyperscale customers seeking three, four or, sometimes more, fiber paths into strategic data center locations to provide the network redundancy they demand, and we are excited to participate in future solutions that are also strategic for Uniti.”
The contract award was executed in the fourth quarter of 2024 and Uniti plans to deliver the fiber routes to its customer in 2026.
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