Uniti, a real estate investment trust focused on the telecom industry, is seeing strong demand for small cell fiber-based backhaul from its wireless operator customers.
Kenny Gunderman, CEO and president of Uniti, told investors during its first-quarter earnings call that a large majority of its Uniti Fiber unit’s revenues are from small cell contract wins.
“Uniti Fiber started the year with strong sales, with 88% of the bookings for small cell awards,” Gunderman said during the earnings call, according to a Seeking Alpha transcript. “All four of the national carriers are requesting proposals for small cells and we are in the early innings of this new wireless network architecture.”