Uniti Group to merge with Windstream Holdings II in a $13.4bn deal.

Uniti Group, a digital infrastructure and solution provider, agreed to merge with Windstream Holdings II, a telecom services provider, in a $13.4bn deal. “As a combined company, we will continue our disciplined growth trajectory while expanding FTTH buildouts and significantly improving our overall financial profile. The demand for fiber broadband has never been greater, and Uniti is now expanding its reach into FTTH with an attractive scaled platform. The combination of Uniti and Windstream also removes several dis-synergies that exist in the current landlord/tenant relationship and greatly enhances Uniti’s optionality for strategic initiatives. We look forward to working with Windstream to create a national fiber powerhouse that will continue to bridge the digital divide for our customers,” Kenny Gunderman, Uniti President and CEO.