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provide services across opportunity comments this as to to devote As to overview the all of of XXXX this year start products centric value proposition a we but business several have as the with of distinct brief full milestones. and I'll three most we is REIT, significant a want outlook positioned our of Uniti fiber my units. a our achieve differentiated only suite well diversified to afternoon, offer
$X consolidated adjusted AFFO diluted $XXX the common $XXX million, million was partially transaction the by transaction included value related contingent $X.X million of income of million of to after share $XXX and AFFO share. common changes common and Turning $XX.X or costs, million $X.XX approximately shares to million, integration of in income attributable we fair reported for related diluted to Slide Net share for revenues Net per consolidated offset EBITDA of X, cost quarter income per of $X.XX. quarter attributable from consideration. of the
collectively thus capital far play Uniti size cash with Leasing will in $XX to XX%. add yields million leasing annualized million over million-$XXX transactions our capital and That million. attractive Moving from of out transactions over deployed will to expected revenue. initial averaging be signed over that $XXX earn segment, $XX XXXX, range in These XXXX cumulative
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$XXX Non-Windstream of Uniti were revenues our of $X.X adjusted and growing the represent revenues fourth last and adjusted million million $XXX EBITDA share the quarter million of next Leasing's For EBITDA $X continue under over a year, just years. million. just and to segment with several were should leasing revenues respectively over
And improvements Media. bringing our completed million closing year-end. its is date CableSouth capital, included acquisition October the of Windstream made previously tenant improvements. leaseback in during fiber results over to $XXX nearly impact the our million capital announced, we network with of from Xth to since our transaction the of their the amount As on to that of and cumulative quarter $XX spinoff sale
customer ownership platform operations channels. Fiber represents construction Uniti passive basis, a represents essentially operating across leasing Leasing and Uniti and solution and multiple an fiber nationwide design, fiber on While products of with
Fiber of EBITDA Transport Uniti adjusted Information expectations. network focused Fiber Services such, $XX competitive presence revenues tier we can advantage markets ITS million $XX of million represented a Uniti for the for scale include million. October $XX and of X were adjusted X footprint. in quarter, EBITDA the less slightly of which a on As and purchase deep where take These is build ahead XXth with regionally dominant of closed tier results dense of and acquisition our or which XX.X% price a margins
As relating title non-recurring bill or primarily during Fiber as $X.X recall, tax of ITS to $X.X the settlement Uniti of fiber quarter filings favorably Fourth in substantially expect net EBITDA of of where for cover and an revenue the or a solutions Air results quarter $X.X which added well allocations million adjusted all and results purchase accrual infrequent is by franchise reflect property were sell million million taxes Uniti than results anticipated as included a million actual were expenses completed. adjusted and has disputes, the price also The educational EBITDA institutions. of statute approximately as currently limitations of of to our quarter. closing fourth for our once Force $X for cost were of Michael costs. adjustments, lower expired state full-service The these post impacted fourth Fiber's revenue of insurance you provider technology no established the reserves we $X initial will to ITS related million and to of quarter about base. successful hurricane to
quarter. cell projects dark turned million and small small as XXX We progress end and cell of the revenues our At on we adding continue annualized of sites, dark cell XXX to make fiber the over during $X fiber XXXX, our dark directed seven small and towards development under fiber Of and seven projects. net major projects was Fiber XX% was we had $XX.X CapEx cell which development. approximately major fiber projects dark small Uniti million. success-based
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quarter, off at-the-market total of or XXXX at prices ranging from program During $X.X $XX.XX an issued aggregate program to $XX.XX ATM per under shares share. shares ATM $XX.XX common our to million ranging share. our per at from shares of issued million prices average the X.X we That fourth brings during to program, $XX.XX stock
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acquisitions, and integration identified capital specifically outlook transactions future except any cost, comments our market future Our presentations excludes and transaction those in today. or
date in networks Windstream sell our make are acquisition under fiber the sale the of assumes and of outlook X, lease. on Bluebird the anticipated included fiber fiber based on our American the to continues based on all concurrent outlook and gross anticipated our business XXXX of payments Macquarie is network, close to Midwest October The tower Latin guidance of April rent Bluebird proceeds million. to date Macquarie of master close The Xst. in current timely Our approximately $XXX for our operations lease of the of our Midwest Unity expected included
outlook timing any to adjustments finalization factors. on subject of allocations these market reorganization and closing capital events rising Actual results of transactions, price acquisitions, proceedings, forward-looking Our related the other acquisitions the differ is materially are conditions, to could based future during Windstream's and market from purchase statements.
adjusted million our XX% and of of and of XXXX full levels represents range, year $X approximately following midpoint the outlook ITS Uniti adjusted Our segment, our of At current full-year EBITDA. outlook starting fiber. for $XX XXXX X% of growth levels. about revenue At adjusted XXXX includes as XXXX, $XXX Unity we expect including of contribution each million million in $XXX revenues contribute Fiber EBITDA for of and guidance of revenue the rate over reported midpoint, the to with the million and over
core revenue acquisition. of approximately expected be rate 'XX growth impact the the X.X%, excluding annualized to Our 'XX ITS is annualized XQ XQ organic to
margin the mentioned adjusted margins year. items core organic should XX%, the margin the Fiber's Adjusted annualized should expected and the EBITDA which Uniti be growth is XQ for normalize about about Excluding EBITDA XX% ITS, the be to non-recurring excluding average for for earlier, XX% infrequent full 'XX of impact full midpoint, at about year XX%. be
some outlook by expect about delivery personnel as and we XXXX. enhance include our the Accordingly, Uniti outsourced rates accelerate our addition the end of XXXX, well other Uniti improve sales Fiber times, During of supported at as and XXX functions. Fiber's personnel to install cycle services and grow bookings, to investments make internalize
be the cash $XX million labor in the million. headcount with of of the capitalized to in of cost expect increase We EBITDA XXXX net about adjusted impact $X approximately
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this XX% growth core excluding to in Slide ITS. X, revenues achieve MRR of to expect we Turning year
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intensity Uniti trend towards to XX% mid XXXX the Fiber's in then decrease range net and thereafter. capital expect success-based We XX% to
expect million, and of million XXXX $X CapEx maintenance also for integration respectively. We $X and
customer $XXX under characteristics the to from under XXXX, in fiber future revenues. is backlog carriers including contract, Uniti the over be XXXX and good small revenues attractive most three of as tenants. that of know, entered backlog provide long-term line our $X.X for X% up are XX% contract of Fiber's with and Fiber next million dark activated of expected end wireless you to revenues of of with deployment billion of Uniti the As contracts XX% sight the years. one anchor cell business
X. Turning now to Uniti Leasing on Slide
year, of revenues compared additional these We be expect of midpoint. of revenue XXXX million including on related transactions and Uniti announced million in and XXXX over represent for which $X XXX,XXX of closing XXX% three to be and and in were a revenue Bluebird $XXX see $XX approximately expected the non-Windstream approximately up summary $XX.X strand $XXX in non-Windstream Windstream close. X.X% Of the respectively, adjusted add revenue use reported year XXX,XXX which Link exclusive is last revenues adjusted over about from reported revenues will miles at we've there contract On of you the XX, transactions fiber cash will expected under fiber October $X over Slide of $XXX fiber, million as leasable to of be incremental completed mainly deals Leasing Leasing million approximately nearly revenues of strand Xst million Uniti Bluebird. $XX million XXXX, TPX, revenues Combined of million, has or outlook, to-date. year, the is EBITDA reflects this Based as of. CableSouth Uniti and will Century $XX to million miles XXXX on escalator post this and this EBITDA $XXX million XXXX. the effective May million XXXX. Non-Windstream
the with higher attractive cash XX lease deals the these over have As initial range additional contract generally terms, for a the from life I yield potential yields combined with through over XX up mentioned which XX% of years. cumulative of to economics earlier,
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year, of to EBITDA. that X, business around close American $X.X and have in expect adjusted to estimated and million April Latin We date. in the guidance revenues the contributed on included Last XXXX only America that $X.X XXXX Latin up results transaction million or our closing
with construction range U.S. forecast approximately expect U.S. Towers XXX adjusted in XXXX, to with the Uniti reported For about to we this be expect having complete XXX as towers expenditure towers of In million million of to our tower $XX invest completed capital we business. about Towers building $X.X in result the will at in towers the year million revenues from Uniti year EBITDA $XX to we that U.S., $XX end. continue to million about
a we at AFFO per to Turning full to midpoint. expect per XX, we a $X.XX nearly $XXX midpoint On range $X.XX $X.XX to expect revenues EBITDA the $X.X diluted to be to for basis, of adjusted Slide and consolidated billion XXXX, share between be year with million diluted share.
of our guidance increase contemplates $XXX full the interest Our the rate to the on common primarily moving as the XXX million be executed year from for are agreement to year plus LIBOR the XXX recently credit of LIBOR shares for expected shares. XXXX amendment. XXX result million interest Weighted-average full higher consolidated approximately expense with $XXX outstanding a related loans to million to term
consistent consumer $XX revenues allocated average with million, expense. $X excluding SG&A, Corporate XX% with to stock-based We $XX to margins including compensation be business trends. be CLEC $XX should business expect million amounts approximately segments, of approximately prior adjusted of million EBITDA our to million
tabular this XX, to some component As to key of presentation. XXXX results guidance summarizes appendix comments On the Slide our a in reconciliation have ranges guidance, provided which our a reminder, from our of outlook we included my afternoon. are our for XXXX
issuance to on outlook. to levels to growth Majority and all into $X.XX impact expected with organic ITS Solid forecast and of of our segments, shares the loans, our AFFO the dilutive contribute our ATM incorporation our increased full-year XXXX under share transactions are Bluebird rate term of average our of per business from and higher impact the MX relates of program. interest debt
At capacity credit our under and revolving $XXX had million cash to restricted equivalents cash we our end, our of balance approximately and now combined quarter Turning sheet. agreement. under
on level XXth, substantially subject year-end March declared on fluctuations. share board net stockholders and under stockholders based target of On dividend X.X at X% record XX, trading Xst recent declared amendment. recent ratio less a of April approximately continues dividend under permitted dividend to annualized to intermediate XXXX, yield leverage our be on the per on payable our our debt is at times than our credit based agreements to that an agreement Our range EBITDA, $X.XX debt to periodic representing stood adjusted of April The annualized amount to levels.
to XXXX, are year including stock $XXX year. attributable be capital dividends this allowed to the our in tax For approximately January million, paid dividend
Over the next agreement. dividends be allowed just four under per are credit $XX about such million quarters, $X.XX our share to common or under
full amount XXXX based $X.XX the next Assuming is recent tax the annualized over quarters declared about by trading year our the yield four board for of an on represent that would X.X% levels.
occur, expect board Kenny. as our back to Windstrem's call Windstream's and/or reconsider proceedings. as over acceptance I'll With key lease policy We in will that bankruptcy such emergence developments turn our dividend for reorganization the
