Uniti climbs after selling 180 wireless towers

Uniti (Delaware)

15/11/2022 15:24

** Shares of communications infrastructure REIT Uniti Group
Inc  UNIT.O  climb 3% to $7.89
    ** Private tower company CTI Towers Inc announces 
acquisition of 180 wireless towers from Uniti
    ** Towers acquired located in 14 U.S. states 
    ** Financial terms of the deal undisclosed
    ** Deal second transaction CTI has announced this year 
    ** UNIT down ~44% so far this year
 (Reporting by Arunima Kumar in Bengaluru)
 ((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94))