Report: Windstream and Uniti in talks to be acquired

by Talk Business & Politics staff (staff2@talkbusiness.net)

Privately held Zayo Group is in talks to acquire Little Rock-based Windstream and Uniti, a former Windstream company, according to a report from the Wall Street Journal. The deal could impact employment in central Arkansas and broadband rollout in the state in a positive way.

According to the Wall Street Journal article, Zayo’s owners and Windstream “believe bringing the two businesses back together would accelerate the build-out of broadband to as many as a million more households by redirecting the nearly $700 million Windstream spends each year on lease payments.”

Tony Thomas, Windstream CEO, tells Talk Business & Politics he can’t comment on the Wall Street Journal article or any potential negotiations, but he did say that “any transaction that helps us accelerate broadband buildout would be a very positive outcome for our customers.”

https://talkbusiness.net/2021/10/report-windstream-and-uniti-in-talks-to-be-acquired/