Report
Matthew Dolgin
EUR 100.00 For Business Accounts Only

Windstream Provides Update on Bankruptcy Proceedings and View of Uniti Lease With 1Q Results

No-moat Windstream released first-quarter results that highlighted some of the challenges its business faces but were consistent with recent trends. The unsurprising results also had some encouraging items, including accelerating growth in its consumer broadband base and continuing strides in enterprise strategic services. In addition, management provided its view on the Uniti network lease, which Windstream must accept or reject by June 25 (although we expect Windstream to invoke its right to e...
Underlying
Uniti Group Inc.

Uniti Group is a real estate investment trust engaged in the acquisition and construction of infrastructure in the communications industry. The company's four lines of business are: Uniti Fiber, which is a provider of infrastructure solutions, including cell site backhaul and small cell for wireless operators and ethernet; Uniti Towers, which constructs and leases space on communications towers to wireless service providers and other tenants; Uniti Leasing, which is engaged in acquiring communications assets, such as fiber, data centers, consumer broadband, coaxial and upgradeable copper; and Talk America Services, LLC, which provides local telephone, high-speed internet and long distance service.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Matthew Dolgin

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