Uniti Group Inc.
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 9, 2026
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Goodwill
Note 4. Goodwill and Other Indefinite-Lived Intangible Assets:
Changes in the carrying amount of goodwill occurring during the nine months ended September 30, 2026 were as follows:
| (Millions) | Kinetic | FiberInfrastructure (a) | UnitiSolutions | Total |
|---|---|---|---|---|
| Goodwill at December 31, 2025 | $763.7 | $717.9 | $192.2 | $1,673.8 |
| Accumulated impairment charges as of December 31, 2025 | — | (515.5) | — | (515.5) |
| Balance at December 31, 2025 | 763.7 | 202.4 | 192.2 | 1,158.3 |
| Acquisition of Windstream - measurement period adjustments | 0.2 | — | — | 0.2 |
| Balance at September 30, 2026 | $763.9 | $717.9 | $192.2 | $1,674.0 |
| Goodwill at September 30, 2026 | $763.9 | $717.9 | $192.2 | $1,674.0 |
| Accumulated impairment charges as of September 30, 2026 | — | (515.5) | — | (515.5) |
| Balance at September 30, 2026 | $763.9 | $202.4 | $192.2 | $1,158.5 |
(a)Prior to the Merger, all goodwill related to the former Uniti Fiber segment. In connection with the Merger, the former Uniti Fiber and Uniti Leasing segments were combined with the CLEC portion of Windstream’s acquired wholesale business and renamed Fiber Infrastructure.
Other indefinite-lived intangible assets as of December 31, 2025 consisted of spectrum licenses in the 3.5, 24, 28 and 37 GHz bands acquired in the Merger. On September 8, 2026, the Company entered into a license purchase agreement to sell certain of its 3.5 GHz spectrum licenses for cash consideration of $17.2 million (the “Spectrum Agreement”). As a result, the Company recorded a pretax loss of $1.9 million in the third quarter of 2026, reflecting the difference between the expected sales proceeds and the carrying value of the spectrum licenses to be sold, and which loss is included in selling, general and administrative expenses in the condensed consolidated statements of operations. The transaction is expected to close in the first quarter of 2027, subject to regulatory approval and other customary closing conditions. The spectrum licenses subject to the Spectrum Agreement have been classified as assets held for sale in the accompanying September 30, 2026 unaudited condensed consolidated balance sheet.
Changes in other indefinite-lived intangible assets were as follows:
| (Millions) | |
|---|---|
| Spectrum licenses as of December 31, 2025 | $78.9 |
| Loss on pending Spectrum Agreement | (1.9) |
| Reclassification of spectrum licenses to be sold to assets held for sale | (17.2) |
| Spectrum licenses as of September 30, 2026 | $59.8 |
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