Windstream, bolstered by its major shareholder, the private equity titan Elliott Investment Management, delivers fiber-based broadband services to residential and small-business clients across 18 states and manages a suite of services including cloud communications and network security for larger enterprises and government bodies.
Debevoise, Davis Polk Guide Windstream, Uniti Merger: Expanded Reach and Enhanced Capabilities The combined company will cater to over 1.1 million customers and cover 1.5 million existing homes, with a notable footprint in the Midwest and Southeast U.S. With headquarters set in Little Rock, Arkansas, the merged entity is anticipated to benefit from a stronger free cash-flow profile and the capacity to expand its FTTH infrastructure to an additional 1 million households.
Elliott Portfolio Manager Johannes Weber expressed strong support for the merger, stating, “We are confident that with Uniti’s focused strategy and a seasoned management team drawing leaders from both companies, the merged entity will be excellently positioned to capitalize on its potential.”
