Uniti-Windstream merger closes; combined entity reports $987M revenue, $4.5B debt increase

Filed May 11, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 9, 2025 · ~2 min read

Key Changes

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  Merger completed August 1, 2025: Windstream and Old Uniti combined into single entity with three operating segments (Kinetic, Uniti Solutions, Fiber Infrastructure). Windstream shareholders received 38%, Old Uniti shareholders 62% of combined company.

  MD&A: Merger completion verify on EDGAR →
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  Q1 2026 consolidated revenue $987.5M, up $693.6M year-over-year, with 82% from acquired Windstream operations. Operating income $110.9M, down $34.8M despite Windstream contribution due to $30.1M merger-related costs.

  MD&A: Consolidated results verify on EDGAR →
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  Interest expense jumped $58.8M to $188.3M in Q1 2026, driven by $4.5B incremental debt from merger and refinancing. Company issued $960M Kinetic ABS Notes and $1B senior notes to repay Windstream term loan and fund operations.

  MD&A: Debt refinancing verify on EDGAR →