Uniti Group Limited (ASX: UWL) (‘Uniti’) is a diversified provider of telecommunications services. Uniti operates three distinct Business Units (‘BU’), each aligned to a pillar of strategic growth and led by a separate Chief Executive and leadership team. The BU’s operate as independent businesses and each has its own business plan including legal, financial targets.
Each BU is supported by a shared services function for commonly applied functions including governance, financial and risk management, corporate IT, communications and project management. Uniti’s Managing Director & Chief Executive Officer, Executive Director, Chief Operating Officer and Chief Financial Officer (and associated employees) are included within the Corporate Services team. Uniti listed on the ASX in February 2019 with a stated strategy of becoming a leading provider of niche telecommunications services, via both organic growth and inorganic growth through acquisitions of businesses.
Uniti has brought together an experienced board of directors and executive team to organically build the business and to support the identification, execution, integration and growth of the sizeable pool of acquisition opportunities across the ‘three pillars’ of strategic growth. The product offerings, markets and brands are outlined in the table overleaf. During the period ended 30 June 2020, Uniti reorganised its operating segments to align with the “three pillars” operating model and to reflect the diversification of the Group’s portfolio following the acquisitions completed during the year.
WHOLESALE & INFRASTRUCTURE
CONSUMER & BUSINESS
Uniti’s Wholesale & Infrastructure (‘W&I’) business unit is engaged in the design, installation, operation, and maintenance of FTTP open access wholesale telecommunications ‘last mile’ network infrastructure operating mainly in greenfields new housing developments in broadacre residential estates and multiple dwelling units throughout Australia.
W&I carries out the following activities:
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