UNIT - Uniti Group adds Dallas-Atlanta Atlanta-Virginia lit routes to fiber network

• Uniti Group ( NASDAQ: UNIT ) said Wednesday it will add two new lit routes to its fiber network in 2023, with presale of 100G and 400B wavelength services and multiple-terabit Private Wave Channel spectrum services available.
• The new routes include Dallas to Atlanta and Atlanta to Ashburn, Virginia. The new routes provide add-drop capability to markets including Little Rock, Memphis, Nashville, Charlotte, Raleigh and Richmond.
• The new routes follow the Uniti's ( UNIT ) launch of its Miami to Tampa route last year.
• "Although we already offer wavelengths and dark fiber solutions as part of our current product portfolio, we expect significant growth in Private Wave Channel as it provides a high-capacity, flexible bandwidth solution with a more efficient cost structure than traditional waves and less operational complexity than dark fiber," said Greg Ortyl, president of Wholesale & Strategic Accounts at Uniti ( UNIT ).
• The company's shares have dropped 0.8% in Wednesday after-hours trading.
• In August, Uniti ( UNIT ) stock dropped after the communications infrastructure REIT kept its 2022 adjusted FFO guidance unchanged.

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