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Arkansas appears to be holding its own in initiatives to expand broadband availability across the state though in one recent analysis that means remaining near the bottom of the nation in high-speed internet availability, coverage and pricing. ....
Send Uniti Group Inc. of Little Rock last week reported a net loss of $4.5 million, or 2 cents per diluted share, in the first quarter an improvement from the $80.3 million loss, or 41 cents per diluted share, the company saw in the first quarter of 2020. Earnings for the publicly traded real estate investment trust (Nasdaq: UNIT), a spinoff of Windstream Holding Inc. of Little Rock, fell short of analysts’ expectations of 41 cents per share. The company reported revenue of $272.6 million for the quarter, up slightly from $266.2 million a year ago. Uniti continues to see robust demand across all of its business segments, translating into the strong results we reported this quarter, President and CEO Kenny Gunderman said in a news release. This demand is being driven by further network densification efforts by our wireless customers in support of broader rollout of enhanced communication infrastructure technologies within our markets ....