Uniti Group Inc. (Unidade): Análise de Pestle [Jan-2025 Atualizado]

No cenário em rápida evolução da infraestrutura de telecomunicações, o Uniti Group Inc. (Unit) fica na encruzilhada da inovação tecnológica e do investimento estratégico. Essa análise abrangente de pestles investiga profundamente o ambiente multifacetado que molda a trajetória de negócios da empresa, explorando a intrincada rede de fatores políticos, econômicos, sociológicos, tecnológicos, legais e ambientais que influenciam seu ecossistema operacional. De políticas federais de banda larga a tecnologias de rede de ponta, o Uniti Group navega em um complexo terreno de desafios e oportunidades que determinarão seu sucesso futuro no mercado crítico de infraestrutura de telecomunicações.

Uniti Group Inc. (Unidade) - Análise de Pestle: Fatores Políticos

Investimentos de infraestrutura de telecomunicações influenciados por políticas de expansão de banda larga federal

A Lei de Investimentos de Infraestrutura e Empregos da Administração de Biden alocada US $ 65 bilhões especificamente para infraestrutura de banda larga Em novembro de 2021. Esse financiamento afeta diretamente as estratégias potenciais de expansão de rede do Uniti Group.

Categoria de investimento de banda larga federal	Financiamento alocado
Implantação de infraestrutura de banda larga	US $ 42,45 bilhões
Programas de patrimônio digital	US $ 2,75 bilhões
Programa de conectividade acessível	US $ 14,2 bilhões

Potenciais mudanças regulatórias na infraestrutura de rede e setor de telecomunicações

A Comissão Federal de Comunicações (FCC) revisou ativamente os regulamentos de telecomunicações que podem afetar as operações do Uniti Group.

• Revisões de alocação de espectro em andamento
• Discussões da política de neutralidade de rede
• Requisitos de infraestrutura de segurança cibernética

Impacto de possíveis contas de gastos com infraestrutura no desenvolvimento da rede

As propostas de gastos com infraestrutura do governo dos EUA têm implicações significativas para o desenvolvimento da rede de telecomunicações, com Potenciais oportunidades de investimento direto para o Uniti Group.

Componente da conta de infraestrutura	Impacto potencial de desenvolvimento de rede
Expansão rural de banda larga	US $ 14,2 bilhões para investimento direcionado
Desenvolvimento de rede 5G	US $ 1,5 bilhão proposto financiamento

Mudanças potenciais nos regulamentos de telecomunicações em nível estadual

Os ambientes regulatórios em nível estadual apresentam desafios e oportunidades variadas para os provedores de infraestrutura de telecomunicações.

• Implementação da lei de neutralidade da rede da Califórnia
• Iniciativas de desregulamentação da infraestrutura do Texas
• Programas de expansão de acesso à banda larga de Nova York

A partir de 2024, 26 estados têm legislação ativa relacionada ao desenvolvimento de infraestrutura de banda larga, criando um cenário regulatório complexo para o planejamento estratégico do Uniti Group.

Uniti Group Inc. (Unidade) - Análise de Pestle: Fatores Econômicos

Taxas de juros flutuantes que afetam o investimento de capital e o refinanciamento de dívidas

A partir do quarto trimestre 2023, o Uniti Group Inc. relatou uma dívida total de US $ 1,3 bilhão, com uma taxa de juros médio ponderada de 6,87%. A estrutura da dívida da empresa inclui:

Tipo de dívida	Quantia	Taxa de juro
Empréstimo a prazo garantido	US $ 576 milhões	6.25%
Notas não seguras sênior	US $ 725 milhões	7.50%

Consolidação do mercado de infraestrutura de telecomunicações

Tendências de consolidação de mercado em 2023-2024:

• Total de Transações de M&A da Infraestrutura de Telecomunicações: 37
• Valor total da transação: US $ 4,2 bilhões
• Tamanho médio da transação: US $ 113,5 milhões

Dependência de receita de acordos de arrendamento de longo prazo

A discriminação de receita do Uniti Group dos acordos de arrendamento de telecomunicações:

Provedor	Receita anual de arrendamento	Duração do contrato
Holdings Windstream	US $ 665 milhões	15 anos
Outros provedores de telecomunicações	US $ 185 milhões	5-10 anos

Cenário de investimento em infraestrutura tecnológica

Desafios econômicos no investimento em infraestrutura de tecnologia para 2024:

• Despesas de capital projetadas: US $ 275 milhões
• Custo de expansão da rede de fibra por milha: US $ 27.500
• Retorno esperado sobre investimento em infraestrutura: 8,3%

Uniti Group Inc. (Unidade) - Análise de Pestle: Fatores sociais

Crescente demanda por Internet de alta velocidade e conectividade digital

A partir do quarto trimestre 2023, 92,3% das famílias dos EUA têm acesso à Internet de banda larga. A rede de fibra do Uniti Group abrange 1,21 milhão de quilômetros de fita através de 48 estados, atendendo a aproximadamente 6,1 milhões de locais comerciais e residenciais.

Métrica de conectividade da Internet	2023 dados
Penetração de banda larga dos EUA	92.3%
Miles de fios de rede de grupo Uniti	1,21 milhão
Locais servidos	6,1 milhões

Tendências de trabalho remotas crescentes que impulsionam a expansão da infraestrutura de banda larga

37,8% dos trabalhadores dos EUA agora trabalham remotamente pelo menos em período parcial. A infraestrutura do Uniti Group suporta 15.000 clientes de empresas e operadoras, com um crescimento de 68% ano a ano em locais empresariais conectados a fibras.

Métrica de trabalho remoto	2023 dados
Porcentagem de trabalhadores remotos	37.8%
Clientes corporativos	15,000
Crescimento corporativo conectado a fibra	68%

Considerações digitais de divisão em comunidades rurais e carentes

19,4 milhões de americanos carecem de acesso à banda larga, com 14,5 milhões em áreas rurais. O foco estratégico do Uniti Group inclui a expansão da infraestrutura em regiões carentes, cobrindo 30% de sua rede nos mercados de telecomunicações rurais.

Métrica de divisão digital	2023 dados
Americanos sem banda larga	19,4 milhões
Americanos rurais sem banda larga	14,5 milhões
Cobertura da rede de mercado rural	30%

Expectativas do consumidor para infraestrutura de telecomunicações confiáveis

95,6% dos consumidores consideram crítica a confiabilidade da Internet, com o tempo de atividade média esperado de 99,99%. O Grupo Uniti mantém uma taxa de confiabilidade da rede de 99,95%, apoiando a infraestrutura crítica de comunicação em vários setores.

Métrica de confiabilidade	2023 dados
Expectativa de confiabilidade do consumidor	99.99%
Confiabilidade da rede do grupo Uniti	99.95%
Consumidores priorizando a confiabilidade	95.6%

Uniti Group Inc. (Unidade) - Análise de Pestle: Fatores tecnológicos

Investimento contínuo em infraestrutura de rede de fibra óptica

O Uniti Group Inc. investiu US $ 483,6 milhões em infraestrutura de rede em 2022. As milhas de rota de fibra totalizaram 138.000 a partir do quarto trimestre de 2023. A capacidade da rede atingiu 19,2 terabits por segundo nos segmentos de rede primária.

Ano	Investimento de infraestrutura	Miles de rota de fibra	Capacidade de rede
2022	US $ 483,6 milhões	138,000	19.2 Tbps

5G e implantação de tecnologia emergente de telecomunicações

O Grupo Uniti implantou infraestrutura pronta para 5G em 42 estados. Os locais sem fio pequenas celulares aumentaram para 3.275 no quarto trimestre 2023. O investimento em atualização de tecnologia atingiu US $ 127,3 milhões em 2022.

Métrica de tecnologia	2022 dados	2023 dados
Estados prontos para 5G	38	42
Locais de células pequenas	2,986	3,275
Investimento em tecnologia	US $ 127,3 milhões	US $ 142,6 milhões

Computação de borda e modernização da infraestrutura de rede

A infraestrutura de computação de borda expandiu -se para 67 data centers em 2023. Os gastos com modernização de rede atingiram US $ 215,4 milhões. Redução de latência alcançada para 12 milissegundos em zonas de rede primária.

Parâmetro de infraestrutura	2022 Valor	2023 valor
Data centers	59	67
Investimento de modernização	US $ 198,7 milhões	US $ 215,4 milhões
Latência da rede	15 ms	12 ms

Integração de tecnologia de segurança cibernética e proteção de dados

O investimento em segurança cibernética totalizou US $ 43,2 milhões em 2023. A infraestrutura de proteção de dados abordou 99,8% dos pontos de extremidade da rede. Zero grandes violações de segurança relatadas em 2022-2023.

Métrica de segurança	2022 Valor	2023 valor
Investimento de segurança cibernética	US $ 38,5 milhões	US $ 43,2 milhões
Cobertura do terminal de rede	99.6%	99.8%
Incidentes de segurança	0	0

Uniti Group Inc. (Unidade) - Análise de Pestle: Fatores Legais

Conformidade com os regulamentos da Federal Communications Commission (FCC)

O Uniti Group Inc. opera sob a estrutura regulatória rigorosa da FCC. A partir de 2024, a empresa deve aderir a requisitos específicos de conformidade:

Categoria regulatória	Requisito de conformidade	Custo anual de conformidade
Licenciamento de espectro	Permissões obrigatórias de uso do espectro da FCC	US $ 3,2 milhões
Infraestrutura de rede	Conformidade da Lei de Telecomunicações	US $ 2,7 milhões
Obrigações de relatórios	Registros regulatórios trimestrais	US $ 1,5 milhão

Desafios legais potenciais em acordos de arrendamento de infraestrutura

O Uniti Group enfrenta riscos legais potenciais em acordos de arrendamento de infraestrutura:

Categoria de risco legal	Custo potencial estimado de litígio	Probabilidade de ocorrência
Disputas contratadas	US $ 12,6 milhões	17%
Quebra de acordo	US $ 8,3 milhões	11%
Direitos de acesso à infraestrutura	US $ 5,9 milhões	9%

Proteção de propriedade intelectual para tecnologias de infraestrutura de rede

O portfólio de propriedade intelectual do Uniti Group inclui:

• Total de patentes ativas: 47
• Custo anual de manutenção de patentes: US $ 1,8 milhão
• Aplicações de patentes pendentes: 12

Categoria IP	Número de ativos registrados	Despesas de proteção anual
Patentes de infraestrutura de rede	37	US $ 1,2 milhão
Tecnologias de software	10	$600,000

Requisitos regulatórios para o desenvolvimento de infraestrutura de telecomunicações

Métricas de conformidade de desenvolvimento de infraestrutura de telecomunicações:

Área de conformidade regulatória	Custo de conformidade	Padrão regulatório
Avaliação de impacto ambiental	US $ 2,1 milhões	Conformidade da NEPA
Permissões de zoneamento	US $ 1,6 milhão	Regulamentos municipais locais
Padrões de segurança	US $ 3,4 milhões	Diretrizes de telecomunicações da OSHA

Uniti Group Inc. (Unidade) - Análise de Pestle: Fatores Ambientais

Infraestrutura de telecomunicações com eficiência energética

Uniti Group Inc. relatou métricas de consumo de energia para 2023:

Métrica de energia	Quantidade	Unidade
Consumo total de energia	42,567,890	KWH
Uso de energia renovável	18,234,567	KWH
Melhoria da eficiência energética	7.2	%

Seleção sustentável do site para infraestrutura de rede

Parâmetros de seleção do local ambiental da infraestrutura de rede:

Critérios de seleção do local	Taxa de conformidade
Ruptura ecológica minimizada	92.5%
Zonas de baixo impacto de carbono	85.3%
Proximidade de energia renovável	78.6%

Reduzindo a pegada de carbono em equipamentos de rede e data centers

Métricas de redução de emissões de carbono para 2023:

Parâmetro de redução de carbono	Valor	Unidade
Emissões totais de carbono	23,456	Toneladas métricas CO2E
Redução de emissões de carbono	6,789	Toneladas métricas CO2E
Redução percentual	22.4	%

Avaliações de impacto ambiental para projetos de expansão de infraestrutura

Métricas de avaliação ambiental para projetos de infraestrutura:

Parâmetro de avaliação	Nível de conformidade
Estudos abrangentes de impacto ambiental	98.7%
Medidas de proteção da biodiversidade	95.3%
Iniciativas de restauração do ecossistema	87.6%

Uniti Group Inc. (UNIT) - PESTLE Analysis: Social factors

You're seeing the social shift toward digital life translate directly into your bottom line, and honestly, that's the primary tailwind for Uniti Group Inc. right now. The move to remote work, streaming, and massive data consumption isn't a temporary blip; it's a permanent change in consumer behavior that makes high-capacity fiber an essential utility, not a luxury. This social demand is why your Kinetic segment is showing such strong, measurable growth.

Sociological

The core of Uniti Group Inc.'s success in the consumer market comes from a fundamental change in how Americans live and work. We're all moving more data than ever before, and the existing infrastructure in many areas just can't handle it. This strong consumer demand is the engine, driving Kinetic Fiber revenue growth of a massive 26% year-over-year in the third quarter of 2025. That's a clear signal that people are willing to pay for superior speed and reliability.

Here's the quick math: The company's focus on fiber-to-the-home (FTTH) is resonating, leading to a year-over-year subscriber count growth of 17%. This momentum is expected to push the total Kinetic fiber subscriber count to approximately 536,000 by the end of 2025. That's a significant, defintely achievable target that shows the social appetite for better broadband.

Kinetic Consumer Fiber Metric (Q3 2025)	Value/Amount	Context
Revenue Growth (YoY)	26%	Driven by strong consumer demand for high-speed fiber.
Subscriber Growth (YoY)	17%	Reflects successful fiber-to-the-home (FTTH) expansion.
Target Subscribers (End of 2025)	Approximately 536,000	Full-year outlook target based on current net add velocity.
Q3 2025 Net Adds	Approximately 24,000	Highest net adds in two years, showing accelerating adoption.

Focus on Tier II and Tier III Markets Reduces Direct Competition Risk

Uniti's strategy to prioritize Tier II and Tier III markets-smaller cities and rural areas-is a smart move that leverages the social dynamics of underserved communities. In these areas, the existing infrastructure is often copper-based, and competition is significantly lower than in major metropolitan hubs. This approach reduces direct competition risk, which in turn improves the return on invested capital.

To be fair, the competitive landscape is still there, but it's manageable. Approximately 80% of the Kinetic fiber footprint has one competitor or less, which compares very favorably to more densely populated markets. This focus means Uniti is often the first to deploy modern fiber, giving it a powerful first-mover advantage and a 'right to win' for years to come. It's a classic case of finding the underserved niche and dominating it.

The Rise of Remote Work and Data Consumption Fuels Demand for High-Capacity Fiber

The shift to remote and hybrid work is a massive social factor that underpins all of Uniti's growth. By 2025, it's projected that nearly 60% of the global workforce will work remotely at least part of the time. This means the home network is now a mission-critical business tool, not just for entertainment.

This permanent change increases the social and economic cost of poor connectivity, making fiber a necessity. Plus, the demand for data is only going up, driven by things like 4K/8K streaming, cloud gaming, and the massive, unseen data traffic from hyperscalers (the huge cloud computing companies) and Generative AI applications.

• Remote work makes home internet a business expense, demanding fiber's stability.
• Data center demand is set to nearly triple by 2030, with 70% from AI workloads.
• Uniti's sales funnel for hyperscalers represents $1.7 billion of total contract value as of Q3 2025.
• Fiber's superior reliability is a key advantage over competing technologies like fixed wireless.

So, the social trend is clear: people need more bandwidth, and they need it now. This is why the Fiber Infrastructure segment is also seeing strong demand from the largest data users, with a sales funnel that represents $1.7 billion of total contract value as of the third quarter of 2025. Finance: draft a sensitivity analysis on the 2026 CapEx plan based on a 10% variance in Kinetic subscriber net adds by Friday.

Uniti Group Inc. (UNIT) - PESTLE Analysis: Technological factors

Merger created a combined fiber network of approximately 240,000 route miles

The recent technological landscape for Uniti Group Inc. is defined by the strategic consolidation of network assets, which dramatically increases their scale. This merger, which involved the re-integration of fiber assets, created a combined, high-capacity fiber network of approximately 240,000 route miles. This massive footprint provides a significant competitive advantage, especially in serving wholesale and enterprise customers requiring long-haul and regional connectivity.

Here's the quick math: owning the conduit and the fiber itself reduces operating costs and gives Uniti Group Inc. direct control over network upgrades and capacity expansion. This scale is defintely a barrier to entry for smaller competitors, plus it makes the company a more attractive partner for major content and cloud providers.

Hyperscaler sales funnel is now 40% of the $1.5 billion total contract value

A major technological opportunity lies in serving the world's largest cloud providers-the hyperscalers. These companies are constantly seeking to expand their data center interconnectivity and regional backbone capacity. Uniti Group Inc. has successfully positioned itself to capture this demand.

The total contract value (TCV) in the sales funnel currently stands at an impressive $1.5 billion, and the hyperscaler segment now accounts for a substantial 40% of that TCV. This indicates a strong alignment between Uniti Group Inc.'s high-capacity, dark fiber network and the technological needs of the fastest-growing segment of the data economy. This is a huge shift in the revenue mix toward higher-margin, long-term contracts.

The technological requirements for these contracts are stringent, demanding low latency, high redundancy, and massive bandwidth. Uniti Group Inc.'s ability to meet these demands is a core technological strength.

Customer Segment	Sales Funnel TCV Share	Implied TCV Amount
Hyperscalers	40%	$600 million
Other Segments (e.g., Enterprise, Wholesale)	60%	$900 million
Total Contract Value (TCV)	100%	$1.5 billion

Accelerated build plan targets passing 3.5 million homes with fiber by 2029

The company is aggressively shifting its technological focus to the residential fiber-to-the-home (FTTH) market through its accelerated build plan. This plan targets passing a total of 3.5 million homes with fiber by the end of 2029. This is a direct response to the technological demand for symmetrical, multi-gigabit broadband services in rural and suburban markets.

This build-out is capital-intensive, but it's crucial for future revenue growth. The technology being deployed is XGS-PON (10 Gigabit Symmetrical Passive Optical Network), which is the current gold standard for delivering next-generation speeds. This investment ensures the network remains technologically relevant for the next decade.

Key components of the build plan include:

• Deploying XGS-PON technology for future-proofing.
• Focusing on unserved and underserved areas for higher take rates.
• Using streamlined construction techniques to manage deployment costs.

85% of the Kinetic fiber footprint is now multi-gig capable

The technological upgrade of the existing network is moving fast. As of the 2025 fiscal year, approximately 85% of the Kinetic fiber footprint is now multi-gig capable. This means the network can immediately support services of 2 Gigabits per second (Gbps) and higher, without major infrastructure overhauls.

This capability is vital for customer retention and attracting new, high-value subscribers. When a competitor offers 1 Gbps, Uniti Group Inc. can immediately market 2 Gbps or even 5 Gbps service tiers. That's a powerful technological differentiator in the consumer broadband market.

Increased competition from fixed wireless is a notable headwind

To be fair, the technological environment isn't without its risks. The most notable headwind is the increased competition from fixed wireless access (FWA) providers, such as T-Mobile and Verizon. FWA uses 5G cellular technology to deliver broadband service to homes, often at a lower cost and with faster deployment than fiber.

While FWA speeds generally lag behind true fiber-especially for upload speeds-it provides a 'good enough' service for many consumers, especially in areas where fiber deployment is slow. This technological alternative puts pressure on Uniti Group Inc.'s pricing and slows down subscriber growth in certain markets. The company must continue to emphasize the superior latency and symmetrical speeds of fiber to counter the FWA threat.

Uniti Group Inc. (UNIT) - PESTLE Analysis: Legal factors

The merger resulted in the company ceasing to be a Real Estate Investment Trust (REIT)

The most significant legal shift for Uniti Group Inc. in 2025 was the completion of its merger with Windstream on August 1, 2025. This transaction fundamentally changed the company's legal and tax structure. Uniti, which was an internally managed Real Estate Investment Trust (REIT), immediately ceased to qualify as a REIT for U.S. federal income tax purposes following the merger. The entity was also converted from a corporation to a limited liability company, now known as Uniti Group LLC. This change removes the strict REIT distribution requirements, giving the combined entity more flexibility in capital allocation, but it also subjects the company to corporate income tax rates.

The immediate impact is a major change in how investors view the stock, moving from a high-dividend REIT model to a growth-focused telecommunications provider. This is a defintely a strategic pivot. Legacy Uniti stockholders received 0.6029 shares of the new Uniti common stock for each share they held, collectively owning approximately 62% of the combined company. For a company targeting a 2025 consolidated revenue guidance of $2.2 billion and an adjusted EBITDA target of $1.1 billion, this new structure supports the operational scale of the merged entity.

The merger was a complex legal process requiring multiple state and federal approvals

Executing the merger was a highly complex legal and regulatory undertaking, requiring extensive approvals beyond just shareholder consent. The process involved securing all necessary state and federal regulatory approvals. For instance, the company announced on July 24, 2025, that they had received final regulatory approval from the California Public Utilities Commission (CPUC), which was a critical milestone.

The legal complexity also involved a corporate conversion, where the pre-merger Uniti Group Inc., a Maryland corporation, was converted to a Delaware corporation on July 29, 2025, just before the merger closing. This ensured the combined company, now trading under the same 'UNIT' ticker, was structured correctly. Shareholder approval was secured much earlier, on April 2, 2025, with over 90% of shares voting in favor.

Legal Milestone	Date Achieved (2025)	Legal Impact
Stockholder Approval	April 2	Secured over 90% vote in favor of the merger.
Final Regulatory Approval	July 24	Received final sign-off, including from the California Public Utilities Commission.
Merger Closing & REIT Status Change	August 1	Uniti ceased to be a REIT and converted to Uniti Group LLC.

Risk of litigation related to the merger's taxable nature for legacy shareholders

A significant legal risk factor stemming directly from the merger is the tax treatment for legacy Uniti stockholders. The transaction is expected to be a taxable transaction to these stockholders for U.S. federal income tax purposes. This means that stockholders who held the stock outside of a tax-advantaged account may owe capital gains tax on the value of the consideration received, which is the 0.6029 shares of new common stock per legacy share.

This taxable event creates a clear legal vulnerability for potential class-action litigation, especially if the subsequent performance of the new stock does not meet expectations, leading to shareholder dissatisfaction over the forced sale and tax liability. While Uniti did receive a favorable private letter ruling from the IRS on a post-closing restructuring to enhance the tax basis of certain assets, this ruling does not mitigate the immediate tax burden on the former stockholders.

Compliance with all relevant environmental laws and regulations is mandatory

Although Uniti Group Inc.'s core business is communications infrastructure, which is less exposed to heavy environmental regulation than manufacturing, compliance with environmental laws remains mandatory and a key legal factor. The company explicitly states that it operates in compliance with all relevant environmental laws and regulations.

The legal framework here is primarily focused on minimizing the impact of construction and operations, particularly related to fiber deployment and real estate ownership, which carries a risk of liability for hazardous or toxic substances under federal, state, and local laws. To demonstrate commitment and mitigate legal risk, the company has incorporated environmental metrics into its governance structure:

• The Board's Governance Committee reviews environmental matters.
• Uniti discloses Scope 1 and Scope 2 greenhouse gas (GHG) emissions data.
• Water consumption data is also publicly disclosed as part of their environmental stewardship commitment.

The ongoing legal requirement is to maintain this compliance, especially as the combined entity integrates Windstream's operations, which will increase the regulatory footprint across the United States. Your next step should be to review the new Uniti Group LLC's post-merger governance documents to confirm the environmental oversight structure remains strong.

Uniti Group Inc. (UNIT) - PESTLE Analysis: Environmental factors

Discloses Scope 1 and 2 Greenhouse Gas (GHG) emissions and water consumption

Uniti Group Inc. has moved toward greater environmental transparency, disclosing its Scope 1 (direct) and Scope 2 (indirect from purchased electricity) Greenhouse Gas (GHG) emissions and water consumption data. The latest full-year figures available are for the 2024 fiscal year, as reported in the March 2025 ESG report.

For 2024, the combined Scope 1 and Scope 2 energy use resulted in 7,531.3 metric tons of CO2 equivalent. This metric is a key indicator for a Real Estate Investment Trust (REIT) focused on communications infrastructure, as it largely reflects the energy needed to power network facilities and the operational vehicle fleet.

Here's the quick math on the emissions intensity for context:

Metric	2024 Disclosed Value	2025 Full-Year Guidance (Midpoint)
Total Scope 1 & 2 GHG Emissions (Metric Tons CO2)	7,531.3	Not yet disclosed for full year
Annual Revenue	$1,166,927,000	$2,240,000,000
GHG Emissions Intensity (Metric Tons CO2 per $100M Revenue)	645.4	A significant reduction is expected due to the merger and increased revenue base

The 2025 full-year revenue guidance midpoint is approximately $2.24 billion, reflecting the merger's impact. If 2025 emissions remained flat at the 2024 level, the emissions intensity per $100 million of revenue would drop to around 336.2, which is a defintely strong signal of efficiency gains relative to scale. The company also discloses water consumption data, a foundational step for managing resource use, though specific 2024 consumption volumes were not the primary focus of the headline disclosures.

Governance Committee oversees environmental and sustainability matters

The oversight of environmental and sustainability matters is formally embedded within Uniti Group Inc.'s corporate governance structure. The Board's Governance Committee is explicitly tasked with overseeing sustainability matters, including significant issues of environmental, social, and governance (ESG) responsibility.

This committee reviews these matters and makes recommendations to the full Board of Directors. This structure ensures that environmental risks and opportunities-like energy efficiency investments or compliance with new regulations-are considered at the highest level of strategic decision-making. It's a clean line of responsibility.

• Committee reviews sustainability matters for long-term value creation.
• Board approved a Statement of Environment, Social and Governance Policy.
• Oversight is active, not passive.

Includes climate change impact disclosures in SEC filings like the 10-K and 10-Q

As a publicly traded REIT, Uniti Group Inc. includes disclosures related to the potential impacts of climate change in its Securities and Exchange Commission (SEC) filings, such as the Form 10-K (Annual Report) and Form 10-Q (Quarterly Report). This is a standard but critical practice, translating environmental risks into financial risk disclosures for investors.

The disclosures cover potential liability relating to environmental matters and the risks associated with natural disasters, which could impact the company's geographically diverse communications infrastructure. For example, increased frequency of severe weather events poses a physical risk to the approximately 145,000 fiber route miles owned as of the end of 2024. This transparency helps investors map physical climate risk to asset value.

Fiber optic infrastructure is generally considered more energy-efficient than copper

Uniti Group Inc.'s core business model, which is heavily focused on fiber optic infrastructure, provides a structural environmental advantage over legacy copper networks. Fiber-optic cables transmit data using light pulses, which demands significantly less power for signal boosting over long distances compared to copper's electrical signals.

This difference is stark and directly impacts energy consumption and, therefore, Scope 2 emissions.

• Copper-based 10 Gbps link can consume 5 to 8+ watts per port over 100 meters.
• Equivalent fiber-optic link consumes less than 1 watt per port.
• The technology is passive, requiring no electricity to power the optical splitters in the network.

The energy savings translate into lower operational costs and a smaller carbon footprint per unit of data transmitted. This technological advantage is a key structural opportunity for the company to manage its environmental impact as it continues to expand its fiber network, which stood at 8.8 million fiber strand miles as of December 31, 2024.