Melody completed the acquisition of a 90% stake in Uniti Towers for $220m.

Melody Investment Advisors, an alternative asset manager focused on communications infrastructure, completed the acquisition of a 90% stake in Uniti Towers, the wireless tower business of real estate investment trust Uniti Group, for $220m. "As 5G continues to rollout, increasing demand for new and improved communications infrastructure, we are pleased to partner with Melody, our new financial sponsor, to both develop new and continue to provide existing mission critical infrastructure to our carrier customers," Lawrence Gleason, Uniti Towers President.