Uniti Group (UNIT) risk factors, FY2025 10-K

Risks Related to our Business

1. 01Competition and overbuilding in consumer service areas and competition in business markets could reduce market share and adversely affect our results of operations and financial condition
2. 02Our level of indebtedness could materially and adversely affect our financial position, including reducing funds available for other business purposes and reducing our operational flexibility
3. 03Cybersecurity incidents could have a material adverse effect on our business, results of operations and financial condition
4. 04Any failure of the physical or internal systems infrastructure or services could lead to significant costs and disruptions
5. 05Rapid changes in technology could affect our ability to compete
6. 06Continuous increases in broadband usage may cause network capacity limitations, resulting in service disruptions or reduced capacity for customers
7. 07In certain operating territories and/or at certain locations, we are dependent on other carriers to provide facilities used to offer service to customers
8. 08Our operations require sufficient access to liquidity to fund our cash needs; if funds are not available when needed, this could affect service to customers and growth opportunities and have a material adverse impact on our business and financial position
9. 09If we are prohibited from participating in government programs, results of operations could be materially and adversely affected
10. 10If we are suspended or debarred from government programs, or if government contracts are terminated for any reason, we could suffer a significant reduction in expected revenue which could have a material and adverse effect on operating results
11. 11We are currently facing claims, and in the future we may face additional claims and new compliance, regulatory or other obligations or liabilities, relating to lead contained in copper network assets
12. 12The level of returns on pension plan investments and changes to the actuarial assumptions used to value pension obligations could have a material effect on earnings and result in material funding requirements to meet pension obligations, impacting available cash
13. 13We may pursue acquisitions and seek other strategic opportunities, which may result in the use of a significant amount of management resources or significant costs, and we may not fully realize the potential benefits of such transactions
14. 14Any further impairment of our goodwill would negatively impact our financial condition
15. 15We may need to defend against lawsuits or claims of infringement, misappropriation or other violation of the intellectual property rights of others
16. 16Key suppliers may experience financial or operational difficulties that may adversely affect our operations
17. 17Adverse developments in the relationship with employees and labor unions or the ability to hire and retain key personnel could adversely affect our business, results of operations and financial condition
18. 18Unforeseen events could adversely affect our operations, business, and reputation
19. 19We are dependent on the communications industry and may be susceptible to the risks associated with it, including general weak economic conditions, which could materially adversely affect our business, financial position or results of operations
20. 20Failure to realize the benefits expected from the Merger could adversely affect the value of our Common Stock

Risks Related to Our Common Stock

1. 21Our stock price may fluctuate significantly
2. 22Insiders, including Elliott and its affiliates, could limit your ability to influence the outcome of key transactions, including a change of control
3. 23Our certificate of incorporation includes a corporate opportunity waiver
4. 24Some provisions of Delaware law and our certificate of incorporation and bylaws may deter third parties from acquiring us
5. 25We do not anticipate paying any cash dividends in the foreseeable future
6. 26The redemption or repurchase of our Preferred Stock may result in significant dilution and/or cash expenditures
7. 27Sales of substantial amounts of our Common Stock in the open market by the Elliott Stockholders, the Legacy Investors or any of their respective affiliates could depress our stock price