Texas you Emani. TPx sale-leaseback of Slide transaction joining. Good the you, very Massachusetts first third this of assets on in our and that We the and tranche the Nevada, thank markets. to afternoon close quarter in we everyone last turn announce Thank including to our to Please for still X pleased California I’m presentation. closed year. expect the on week
that the of CenturyLink of routes the are momentum X the from in both place of from of XX acquisition facilitate telecom we transactions intercity lease fiber additional are Uniti idea Justice have multiple the call, the to tenant embrace gaining CenturyLink negotiation. Department strategic anchor TPx currently merger. highly and the and These about in required more continues lease-up helped talk that CenturyLink/Level routes we transactions divestitures at an the the announced fiber but with dark agreements the specifics U.S. CenturyLink shared also I’ll the and demonstrate in later already infrastructure We industry Leasing. long-haul
opportunity Given Ron we’ve assume Revenue we Officer Leasing, is of Sales recently Development role growing Uniti was Fiber’s and industry telecom at asked of a continued the Mudry previously President see Uniti at to Group. Business Ron and the XX-year Uniti Chief veteran.
to as full devote to will transactions wireless carriers. to have will Ron CRO, a now of the his of up substantial related other at As Uniti of growing well on Ron leasing Leasing, inventory our and we add suite pursuing delivering amount as focused new be a large efforts our available fiber customers fiber to sale-leaseback more services valuable significant including also portfolio.
infrastructure a Newton We Uniti macro are capabilities, and the to cell Andy partner now small of our business. wireless our holistic as tower Fiber. capabilities Uniti uniquely Leasing carriers solutions, proprietary all with positioned lead will fiber deployment
has Uniti. Andy growth. the area changes strong With was these our the lead Uniti at stable year. each Towers, and pleased operating Fiber. fiber in As of a units at best CEO you business very Uniti area company the Lawrence I’m for prior of Coast Light continued acquisition XX operational focus continuing is over our of Andy leadership to previously Gleason Southern growth last primary our which organizational of to position years with currently know, experience Gulf
XX% an Wireless sales enterprises, the quarter tower from on and for government to bookings over sales wholesale the local our operational of backhaul. from for fiber wireless update quarter for of the fourth leasing primarily increase dark XX from million bookings the XXXX. Fiber our me XX% schools. results provide the now Uniti XXXX. first $X.X of just for XX% sales was came bookings an Let were carriers, were which during quarter through four national quarter and first K over
small cell activity point see out cells a somewhat business backhaul and wireless markets. big backhaul to active our and I for expect fluctuate will large carriers quarterly from continue in We the part pursuing because of that all our to very RSP we anchor is bookings our small deals.
increase four for has the as balance of these transactions activity carriers. all booking some types including levels of wins. from we these of major Our see year never we to better been throughout expect Accordingly, major funnel the
we pleased Fiber, for by Southern season and the We had expect confidence Hunt us Light this XXX% opportunity our E-rate growth preexisting big forward. on we customers going customer very of and vote are customers. be retention from This across E-rate Uniti to a legacy bases
Our new we customers in on E-rate first than next were of lower bookings season. year quarter the expect this
E-rate MRR Uniti bandwidth first the during XXXX. Thus, XX% to driven Uniti the cycle know, upgrades Fiber the and much the is XXXX million long quarter MAR by $X.X on backhaul half second have fiber projects. unlimited plans nurture relating data of dark and of customer installed wireless sales with will and we XXXX-'XX the brand. more opportunities carriers to of with the X% As to for related closed you season Hunt in new Southern and time fully we Light under
we a levels to of the as mostly projects Some varying our being range accept experience and related to of fiber customer not but construct to large them. delay sites continue dark ready
abate the these we expect to throughout However, year. this course of issues
churn in to million continued situation although a projects was some continues the monthly delays cell to permitting for X.X%. churn small improve. of Total X.X Our quarter rate see resulting the
this our PEG as awarded the on occurred were markets part call, the quarter Tower an backhaul carrier previous disconnects our another in that that Cloud. dark churn predated we acquisitions as and Dallas convergence expected Atlanta in of increase lid and to fiber mentioned I of As
churn the We the continue the monthly of in return will to expect half range to X.X% second year.
and fiber level normalized it to consider among leading industry of churn proud We be this are providers.
sales ahead markets and migrating progress opportunities two Light or about expansion to reducing actively important added make on new in our we the schedule five Fiber. as part approach still markets by Fiber of operational Uniti and used a government first These months. expect related two to numerous reps sales to go-to-market schools onto off-net Fiber enterprises, of focused total Turning Uniti after selling reps In lit Hunt. local our in continues reps and for the a add are eight past of successfully sales include in quarter, to XXX pursuing local force being These integration. expenses sales the Southern and to off-net on only service by initiatives. new sales close legacy near-net already projects schedule offices adding Uniti following five either circuits of on new to
those these reps now yields. were a up built to anchor lease with adding an contract further reminder, new at As we all are a attractive sales wireless customer markets with where networks long-term
we do from As not XXXX. revenue these much until previously, mentioned we see efforts expect to incremental
an However, a through lease from of example market economics in improved time. how Slide the up the X is over anchor economics
We networks. the by in Southeast markets continue fiber the introducing make to off-net legacy further interconnecting circuits progress
in We our progress of Uniti savings dynamics. and very expect payback synergy remain million markets. beyond capital of We pleased with and X Fiber two sustained XX.X of Tier a focusing a year. our at We with of long half opportunity competitive and strategy see growth period about be on attractive $XX complete investment early expense original this and project XXXX. X annual is is with above million a million The expected for target project over when the in to our
Turning to towers.
Our development activity ramping XX in the the as quarter. is we completed U.S. during towers new
towers XX tower towers. added the to we stands at Mexico, our over count now addition In in XXX
We and remains and pipeline very our portfolio strong. co-location leases tower of continue both to on the activity see U.S. our lease-up Mexico in
saw strategic addition, build towers we during to that fiber potential towers we’ve This and imperative. retention our is enhances lease-up backhaul our orders Building In bundle the the customer a quarter potential. to own constructed. to
as architecture like provide optionality to fiber more data with addition, us owning distributed distributed own In things will network becomes centers. towers our prevalent,
recently the closing take merger. the to T-Mobile to the to us of I’d It to announced deal turn I regarding Uniti. likelihood make for still Sprint and to and is over judgments implications Before like minute address early call a the definitive the Mark,
be by focus adding our coverage fits great approximately identified set, there opportunity that near-term new standalone and on However, small very to X of would strategy rural carriers enhance the new positive and Uniti. including to to be announced could be in long-term orders, and macro network Uniti importantly of our appear two would for tower areas observations some Tier investments Also regarding XX,XXX the impact indecision cells, early approximately builds appear XX,XXX The with investment over companies. our investments areas. an incremental to a their both enhancing of and mid while as network the be are deal increase companies combined closing
by to company new Finally, we do would carriers. and need believe that enhanced capital spend the greater lead by spend competing infrastructure XG-related
We in our thinking the will over call to more With you coming will refined apprised observations Mark. turn the of and keep that, I quarters.
