JPMorgan Downgrades Uniti Group (UNIT) to Underweight
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Uniti Group Inc. Issues Statement on Windstream Court Ruling
February 19, 2019 8:01 AM ESTLITTLE ROCK, Ark., Feb. 19, 2019 (GLOBE NEWSWIRE) -- Uniti Group Inc. (Uniti) (Nasdaq: UNIT) issued a statement today regarding last weeks unfavorable court ruling against Windstream Services, LLC., a subsidiary of Windstream Holdings, Inc. (Windstream), Unitis largest customer. The ruling, which was announced by Windstream on February 15, 2019, relates to Windstreams 2015 spinoff of certain telecommunications network assets into Uniti, and Windstreams agreements with bondholders. Uniti was not a party to this litigation.
Kenny Gunderman, President and Chief Executive Officer of Uniti, commented, It is our understanding that Windstream intends to... More
Uniti Group Inc. Issues Statement on Windstream Court Ruling
February 19, 2019 8:00 AM ESTLITTLE ROCK, Ark., Feb. 19, 2019 (GLOBE NEWSWIRE) -- Uniti Group Inc. (Uniti) (Nasdaq: UNIT) issued a statement today regarding last weeks unfavorable court ruling against Windstream Services, LLC., a subsidiary of Windstream Holdings, Inc. (Windstream), Unitis largest customer. The ruling, which was announced by Windstream on February 15, 2019, relates to Windstreams 2015 spinoff of certain telecommunications network assets into Uniti, and Windstreams agreements with bondholders. Uniti was not a party to this litigation.
Kenny Gunderman, President and Chief Executive Officer of Uniti, commented, It is our understanding that Windstream... More
