Uniti's Planned Buy, Leaseback of US TelePacific Fiber Assets Gets Antitrust OK
Uniti Group's planned buy and leaseback of U.S. TelePacific (TPx) fiber assets gained antitrust approval under an FTC early termination notice made public Tuesday. "Uniti will acquire and leaseback to TPx, on a triple-net basis, 38,000 fiber strand miles located…
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across California, Nevada, Texas, and Massachusetts," Uniti said in its March 1 earnings release. "Uniti will acquire and have exclusive use of 7,000 fiber strand miles located in Texas, which are adjacent to Uniti Fiber’s southern network footprint." TPx said the deal includes about 650 route miles of its metropolitan fiber assets in the four states. The parties recently filed an application and supplement in FCC docket 18-61 seeking approval to transfer related licenses.