Uniti Group Inc. (NASDAQ:UNIT) Files An 8-K Other Events

Item 8.01 Other Events.

Equity Offering

On April 25, 2017, Uniti Group Inc. (the Company) closed its
previously announced underwritten public offering of
approximately 19.5 million shares of the Companys common stock
(including shares to the underwriters overallotment option) at a
price per share of $26.50, before underwriting discounts and
commissions. The Company intends to use the net proceeds from
this offering to fund a portion of the cash consideration payable
in connection with the previously announced acquisitions of
Southern Light, LLC and Hunt Telecommunications, LLC
(collectively, the Acquisitions). Closing of the Acquisitions
will occur after the closing of this offering and are subject to
various closing conditions. If such Acquisitions are not
completed, the Company will use the net proceeds for general
corporate purposes, which may include, among other things,
working capital and other acquisitions.

In connection with this offering, the Company entered into an
underwriting agreement (the Underwriting Agreement), dated April
19, 2017, among the Company, Citigroup Global Markets Inc., J.P.
Morgan Securities LLC and RBC Capital Markets, LLC, as
representatives of the several underwriters named therein.

A copy of the Underwriting Agreement is filed herewith as Exhibit
1.1 and is incorporated herein by reference. A copy of the
Underwriting Agreement has been included to provide security
holders with information regarding its terms. It is not intended
to provide any other factual information about the Company.
Security holders are not third-party beneficiaries under the
Underwriting Agreement and should not rely on the
representations, warranties and covenants or any descriptions
thereof as characterizations of the actual state of facts or
condition of the Company.

In connection with this offering, the following exhibits are
filed with this Current Report on Form 8-K and are incorporated
by reference in the Companys shelf registration statement on Form
S-3 (File No. 333-212046), previously filed with the Securities
and Exchange Commission, relating to this offering: (i) the
Underwriting Agreement (Exhibit 1.1 to this Current Report on
Form 8-K) and (ii) the legal opinion of Kutak Rock LLP (including
the consent of Kutak Rock LLP) (Exhibit 5.1 to this Current
Report on Form 8-K).

Notes Offering

On April 24, 2017, the Company, CSL Capital, LLC and Uniti Fiber
Holdings Inc. (together, the Issuers) announced the launch and
pricing of an offering of $200 million aggregate principal amount
of 7.125% senior notes due 2024 (the Notes).

The Notes are being offered to persons reasonably believed to be
qualified institutional buyers to Rule 144A under the Securities
Act of 1933, as amended (the Securities Act), and outside the
United States to non-U.S. persons to Regulation S under the
Securities Act.

The foregoing is qualified by reference to the press releases
that are attached as Exhibits 99.1 and 99.2 to this Current
Report on Form 8-K, which are incorporated herein by reference.

This Current Report on Form 8-K, including the press releases
filed as Exhibits 99.1 and 99.2, does not constitute an offer to
sell or the solicitation of an offer to buy the Notes, nor shall
there be any offer, solicitation or sale of the Notes in any
state in which such offer, solicitation or sale would be
unlawful. The Notes will not be registered under the Securities
Act or any state securities laws and, unless so registered, may
not be offered or sold in the United States except to an
exemption from the registration requirements of the Securities
Act and applicable state laws.

About Uniti Group Inc. (NASDAQ:UNIT)

Uniti Group Inc., formerly Communications Sales & Leasing, Inc., is an internally managed real estate investment trust engaged in the acquisition and construction of infrastructure in the communications industry. The Company focuses on acquiring and constructing fiber optic broadband networks, wireless communications towers, copper and coaxial broadband networks and data centers. It operates in four segments: Leasing, Fiber Infrastructure, Towers and Consumer Competitive Local Exchange Carrier (Consumer CLEC). The Leasing segment includes Uniti Leasing. The Fiber Infrastructure segment includes Uniti Fiber business. The Towers segment includes Uniti Towers and its ground lease investments. The Consumer CLEC segment includes Talk America. As of December 31, 2016, the Company and its subsidiaries owned approximately 88,100 fiber network route miles, representing approximately 4.2 million fiber strand miles and approximately 231,900 route miles of copper cable lines across 32 states.

Uniti Group Inc. (NASDAQ:UNIT) Recent Trading Information

Uniti Group Inc. (NASDAQ:UNIT) closed its last trading session up +0.27 at 27.58 with 1,181,880 shares trading hands.