Uniti Group NASDAQ: UNIT reported record fiber infrastructure bookings and accelerated fiber construction in the second quarter of 2026, as management pointed to rising demand from hyperscalers, neocloud providers and other customers deploying artificial intelligence-related infrastructure.
Chief Executive Officer Kenny Gunderman said total fiber revenue increased 10% from a year earlier, while fiber infrastructure revenue rose 6%, in line with company expectations. He described the quarter as a record for new fiber infrastructure bookings, exceeding the prior record by nearly 30%.
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Management said demand was broad-based across its wholesale customer base. During the quarter, approximately 20% of fiber infrastructure bookings came from neocloud customers, 18% from superscalers, 10% from hyperscalers and 6% from fiber-to-the-home providers.
AI Demand Drives Wholesale Activity Gunderman said AI adoption is expanding the need for high-bandwidth, low-latency connectivity, with near-term applications including customer-service automation, cybersecurity and corporate-function automation. He said future uses such as robotics, autonomous driving and scientific research could require still greater network capacity.
Uniti is seeing increased demand for both dark fiber and lit wave services. More than half of second-quarter fiber infrastructure bookings were for waves, or lit capacity, rather than dark fiber. Gunderman said wave services were the largest individual product contributor to the company’s record booking level.
The company highlighted two large wave packages sold during the quarter: a 20-terabit package connecting a neocloud customer from a Tier 2 market data center to a large metro area, and an 18-terabit package sold to a superscaler from another Tier 2 market data center. Together, those transactions represented 96 400-gigabit waves, according to management.
Gunderman said Uniti’s current waves sales funnel represents roughly 1.3 petabytes of traffic, with most of that opportunity involving relatively new customers. He also said nearly 80% of the company’s hyperscaler business uses all or part of Uniti’s preexisting network, contributing to blended anchor lease-up cash yields of 37%, the company’s highest level to date.
During the question-and-answer session, Gunderman said hyperscaler projects generally involve new fiber construction, route interconnections or overbuilds and tend to emphasize dark fiber. By contrast, neocloud and superscaler customers are increasingly using lit capacity for inference workloads and compute services.
He said large dark-fiber agreements generally run for 10 to 20 years, while lit and wave contracts are typically shorter, often in the three- to five-year range and closer to three years in many cases. The company is focused on customer credit quality as it pursues these newer categories of customers, he said.
Kinetic Expands Fiber Footprint At Kinetic, Uniti’s consumer fiber business, the company passed an additional 141,000 homes with fiber during the quarter, its highest quarterly level on record. Kinetic ended the period with about 2.1 million homes passed with fiber, representing 46% of its consumer footprint.
Kinetic added 38,000 net fiber subscribers in the quarter, also a record, ending with 603,000 fiber subscribers. Total fiber subscribers increased 25% from the prior-year period, while consumer fiber revenue rose 19% year over year.
Fiber penetration reached 29%, up 90 basis points from a year earlier. Chief Financial Officer Paul Bullington said newer customer cohorts are achieving stronger penetration rates than earlier cohorts did at comparable stages, supporting management’s view that its 40% terminal penetration target is achievable and potentially conservative.
Uniti raised its 2026 target for incremental fiber homes passed by 25,000 and now expects to construct 475,000 to 525,000 new fiber homes during the year. The company expects to end 2026 with 2.33 million to 2.38 million homes passed with fiber, or more than 50% of the Kinetic footprint, and with 675,000 to 700,000 fiber subscribers.
Management expects Kinetic consumer fiber revenue of $635 million to $655 million for 2026, representing growth of roughly 25% to 30% from the prior year.
ARPU Pressure and Capital Spending Consumer fiber average revenue per user was affected during the quarter by new-customer volume, the timing of rate-plan adjustments and retention efforts, Bullington said. Uniti expects fiber ARPU to decline by low single digits year over year in the third quarter before stabilizing and rising by low single digits in the fourth quarter.
Kinetic President John Harrobin said the company’s longer-term forecast still calls for 2% to 3% annual ARPU growth beginning in 2027. He said Kinetic faces large cable competitors in less than 60% of its fiber territory, compared with a mid-80% to low-90% exposure cited for certain peers. The company is using different pricing tiers and customer cohorts to respond to competitive promotions while maintaining subscriber growth, he said.
Uniti increased its Kinetic net capital expenditure outlook by $100 million to approximately $1.27 billion at the midpoint. Bullington said the higher spending does not solely reflect the 25,000 additional homes in the 2026 construction target, as a substantial portion is being pulled forward to support 2027 expansion.
Harrobin said the company expects a modest increase in fiber-material costs beginning around mid-2027, which could place its cost per passing toward the upper end of its previously communicated range. However, he said Uniti does not expect to be affected by customer-premises-equipment memory-chip constraints because of long-term supply contracts, scale and flexibility across equipment models.
Outlook and Capital Structure On a pro forma basis, Uniti said second-quarter consolidated revenue declined 5% year over year and adjusted EBITDA fell 10%, primarily because of declines in Uniti Solutions and legacy copper and TDM services. Kinetic fiber-based revenue, including consumer and wholesale services, grew 12%, while fiber infrastructure revenue and adjusted EBITDA increased 10% and 20%, respectively.
For 2026, Uniti maintained midpoint expectations for Kinetic revenue of $2.145 billion and contribution margin of $905 million. It raised fiber infrastructure midpoint guidance to $1 billion of revenue and $575 million of contribution margin, citing strong hyperscale and AI-related activity.
The company expects Uniti Solutions to generate $700 million in revenue and $320 million in contribution margin at the midpoint. Consolidated guidance calls for approximately $3.655 billion of revenue, $1.475 billion of adjusted EBITDA and $1.525 billion of net capital expenditures.
Bullington cautioned that large dark-fiber sales can be uneven between quarters. Uniti expects limited large-deal contribution in the third quarter, with a significant portion anticipated in the fourth quarter, though some transactions could shift into early 2027 due to the timing of major construction projects.
Separately, Bullington said Uniti recently completed its second Kinetic asset-backed securities transaction, which is intended to help fund fiber construction over the next year and could support repayment of up to $500 million of secured debt through ongoing asset sale offers. The company also said it sees potential to monetize $500 million to $1 billion of non-core assets over the next 12 to 36 months, with minimal expected impact on adjusted EBITDA because many of those assets are underutilized or generate little cash flow.
About Uniti Group (NASDAQ:UNIT)Uniti Group Inc is a real estate investment trust that owns, operates and acquires communications infrastructure assets across the United States. Established in September 2015 through a spin-off from Windstream Holdings, Uniti Group focuses on leasing fiber, small cell networks, cell towers and related infrastructure to service providers, wireless carriers and other enterprises requiring high-capacity connectivity. The company's assets are designed to support the growing data demands of residential, business and governmental customers, with an emphasis on long-term contractual lease arrangements.
Uniti's portfolio encompasses an extensive fiber network that spans metropolitan and rural markets, as well as a portfolio of wireless towers and small cell nodes that facilitate mobile network densification and help carriers deploy 5G services.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Uniti Group (UNIT - Free Report) came out with a quarterly loss of $0.68 per share versus the Zacks Consensus Estimate of a loss of $0.43. This compares to a loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -58.14%. A quarter ago, it was expected that this real estate investment trust would post a loss of $0.42 per share when it actually produced a loss of $0.34, delivering a surprise of +19.05%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Uniti, which belongs to the Zacks Wireless National industry, posted revenues of $909.7 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.97%. This compares to year-ago revenues of $300.73 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Uniti shares have added about 47.9% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for Uniti?While Uniti has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Uniti was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.46 on $859.77 million in revenues for the coming quarter and -$1.56 on $3.63 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Wireless National is currently in the top 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Ondas Holdings Inc. (ONDS - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026.
This company is expected to post quarterly loss of $0.07 per share in its upcoming report, which represents a year-over-year change of +12.5%. The consensus EPS estimate for the quarter has been revised 25% lower over the last 30 days to the current level.
Ondas Holdings Inc.'s revenues are expected to be $66.68 million, up 963.5% from the year-ago quarter.
Record Level of New Bookings at Fiber Infrastructure Updates Full Year 2026 Outlook Net Loss of $155.9 Million for the Second Quarter Consolidated Revenue and Adjusted EBITDA of $909.7 Million and $357.1 Million, Respectively, for the Second Quarter LITTLE ROCK, Ark., July 30, 2026 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced its results for the second quarter 2026.
Fiber expansion benefits communities, remote work, gaming, streaming, agriculture, telehealthIn celebration of surpassing milestone, Kinetic hosts free festivities July 20-26 TULSA, Okla., July 20, 2026 (GLOBE NEWSWIRE) -- Kinetic, the leading residential and business insurgent fiber internet provider, announced today that it has passed a significant milestone in Broken Arrow by installing more than 35,000 new fiber locations in the community, allowing for a better internet experience, at a better value, for more residents.
This fiber access expansion is fully funded by Kinetic and highlights the company’s commitment to this community.
“Broken Arrow is a strategically important community to Kinetic and is a technology corridor to the Mid-West,” said Stacy Hale, Kinetic’s state operations president. “In honor of surpassing this milestone, it’s time that we celebrate. And to the residents of this area, know that we’re not done yet; we’ll continue adding more fiber locations and will remain a long-term partner to this community.”
Fast Forward: Broken Arrow — Community Week
To celebrate, Kinetic will host fun, free events with the community. Events include philanthropic activities where Kinetic employees spend time giving back to those in need, free treats and vouchers from local restaurants, family-friendly and neighborhood events, a video e-gaming event, and a free community Hollywood Movie Night: Lights, Fiber, Action.
Planned week highlights
Wednesday, July 22: Kinetic at Laurannae Baking Co + Espresso & Pastry Bar from 7 – 9 a.m. The first 50 customers will receive a free treat. While supplies last.Free video game e-Gaming event at Rose District Farmer’s Market from 6 – 8 p.m. Play your favorite games and see how Kinetic’s fiber internet improves gaming. Thursday, July 23: Hollywood Movie Night: Lights, Fiber, Action at Warren Theater. Come see a special screening of the live-action “Moana” movie. Doors open at 5:30 p.m.; movie starts at 7 p.m. RSVP here. Limited seating. While supplies last.Friday, July 24: Kinetic at Uncle Vinny’s Pizzeria from 5 – 7 p.m. The first 25 customers will get a free dessert on Kinetic. While supplies last. Why this matters
Fiber is the best technology for the long-term success of Broken Arrow’s communications needs. Research shows that fiber-connected communities experience 213% higher business growth, 10% higher self-employment and a 14-17% increase in home values. Fiber is also significantly more sustainable and uses up to 95% less energy per gigabit. It requires less maintenance over time, which reduces environmental impact and community disruption.
As a long-term partner to the Broken Arrow community, Kinetic is committed to delivering on its promise to provide fast, reliable, future-proof connectivity that helps local economic growth, education, telehealth, and small business competitiveness. This investment underscores the company’s dedication to providing the communities it serves—the same communities its employees also live and work in—with sustained value both now and for years to come.
Kinetic, which was also named CNET’s Best Rural Fiber Internet Provider in 2026, is rooted in Broken Arrow and is proud to serve the community beyond internet connectivity.
Kinetic’s fiber expansion milestone in Broken Arrow follows the company recently reaching 2 million homes passed with fiber internet across its 18-state footprint.
Residents who want to check fiber availability or construction updates can call 1- 877-90-FIBER (877-903-4237) or visit www.gokinetic.com.
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
LITTLE ROCK, Ark., July 09, 2026 (GLOBE NEWSWIRE) -- Uniti, a premier insurgent fiber provider dedicated to enabling mission-critical connectivity across the United States, is proud to help sponsor the 2026 National Veterans Wheelchair Games, which take place July 9-14 in Detroit.
This is the sixth consecutive year that the company has helped sponsor the Wheelchair Games.
The Wheelchair Games are open to all U.S. veterans with spinal cord injuries, amputations, multiple sclerosis, or other central neurological conditions who require a wheelchair for athletic competition. Every year, hundreds of American heroes from World War II, the Korean War, the Vietnam War, the Gulf War, and the post-9/11 era compete in this celebration of courage and camaraderie.
Uniti is the sponsor of the 2026 boccia competition, and company representatives will participate in the medal ceremony.
“Uniti is proud to help sponsor the world’s largest annual wheelchair sports event solely for military veterans,” said Cathy De La Garza, senior vice president and president of Uniti Fiber.
“We are always inspired by the courage and tenacity that’s demonstrated at the Wheelchair Games,” De La Garza said. “It’s a true honor for our company to be part of this wonderful competition.”
As a commissioned officer in the United States Air Force, De La Garza was among the first female combat pilots in the US military, serving as an F-15C fighter pilot for 12 years. She is executive sponsor of Uniti’s Proud2Serve employee resource group. Its purpose is to build community and camaraderie among veterans and their allies, recognize and leverage the unique skills, leadership, and discipline these employees bring to the workplace from their military service, provide professional development, mentorship, and transition support for veterans entering corporate careers, and partner with veteran’s organizations to promote outreach, service, and recognition initiatives.
Approximately 16% of Uniti’s workforce is made up of veterans, National Guard or Reserve members, or military spouses. Uniti was recently named a VETS Indexes 5 Star Employer for its commitment to recruiting, hiring, retaining, developing, and supporting veterans and the military-connected community.
The Department of Veterans Affairs launched the Wheelchair Games in 1981 with seven events and 77 athletes. Paralyzed Veterans of America joined the VA in 1985 to help expand the event’s mission and reach.
About Uniti
Uniti (NASDAQ: UNIT) is a premier insurgent fiber provider dedicated to enabling mission-critical connectivity across the United States. We build, operate, and deliver fast and reliable communications services, empowering more than a million consumers and businesses in the digital economy. Our broad portfolio of services is offered through a suite of brands: Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions. Visit us online at uniti.com. Engage with us on LinkedIn, X and Facebook.
LITTLE ROCK, Ark., June 25, 2026 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its second quarter 2026 financial results prior to the opening of trading on the Nasdaq Stock Exchange on July 30, 2026. A conference call to discuss those earnings will be held the same day at 8:30 AM Eastern Time.
The conference call will be webcast live on Uniti’s Investor Relations website at investor.uniti.com. Those parties interested in participating via telephone may register on the Investor Relations website or by clicking here. A replay of the call will also be made available on the Investor Relations website.
ABOUT UNITI
Uniti (NASDAQ: UNIT) is a premier insurgent fiber provider dedicated to enabling mission-critical connectivity across the United States. We build, operate, and deliver fast and reliable communications services, empowering more than a million consumers and businesses in the digital economy. Our broad portfolio of services is offered through a suite of brands: Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions. Visit us online at www.uniti.com.
LEXINGTON, Ky., June 25, 2026 (GLOBE NEWSWIRE) -- Kinetic, the leading residential and business insurgent fiber internet provider, announced today it teamed up with eero, an Amazon company, to deliver a new product for customers, Kinetic’s AlwaysOn Wi-Fi, powered by eero Signal.
AlwaysOn Wi-Fi offers seamless wireless backup connectivity to keep customers online in the event of an internet service disruption or outage. If needed, wireless service kicks in, allowing customers to stay online with unlimited data to work, surf, browse, stream, and more. It’s seamless, automatic and hassle-free.
“Internet reliability has never been more important than it is today; it’s essential to how people live, powering everything from remote work to online education,” said Stacie Vongvanith, Kinetic’s chief customer officer. “With Kinetic AlwaysOn Wi-Fi, we’re raising the bar even higher on our already reliable fiber internet so our customers can stay connected no matter what.”
The relationship with eero underscores Kinetic’s dedication to setting new standards for customer experience. The company is focused on positioning itself as a challenger to traditional cable internet by delivering better service and technology, at a better value, to its customers.
“Internet connectivity has become essential, and unexpected outages can disrupt daily life. With AlwaysOn Wi-Fi powered by eero Signal, internet outages become non-events,” said Gabe Kassel, executive vice president of product at eero. “In teaming up with Kinetic, we’re delivering a smarter, more resilient internet experience. We’re giving customers greater confidence and peace of mind when they need it most.”
Kinetic’s addition of eero Signal comes on the heels of its addition of eero Pro 7 last October, as well as its addition of the Kinetic Promise™ to its customers. The Kinetic Promise™ pledges that technicians will not leave a new fiber installation until Wi-Fi works in every area and on every device where needed. Backed by Whole-Home Wi-Fi certification, technicians use the RouteThis Certify app to optimize gateway placement, solve for any interference or congestion, and recommend Wi-Fi extenders to deliver connectivity in hard-to-reach spaces.
Real Impact for Customers
Kinetic’s AlwaysOn Wi-Fi gives customers a more reliable internet experience and uninterrupted connectivity. For small business owners, every second offline is a missed transaction, a dropped client call, or a frozen POS system. AlwaysOn Wi-Fi detects a disruption and gets them back online quickly with no manual intervention and no restarting the router.
Kinetic fiber internet customers who have Wi-Fi 7 via eero Pro 7 can add AlwaysOn Wi-Fi for just $20/month, with the first month free.*
AlwaysOn will be available to Kinetic’s entire 18-state footprint this summer; it was rolled out today to customers in Kentucky and North Carolina.
For those interested in Kinetic’s fiber internet, visit www.gokinetic.com or call 1- 877-90-FIBER (877-903-4237).
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
About eero
eero was founded to make wifi and networking the way they should be—fast, reliable, secure, and built for the future. After introducing the first home mesh wifi system, eero is known for award-winning hardware and software and continues to create connectivity solutions for individuals, businesses, communities, and service providers. Founded and headquartered in San Francisco in 2014, eero is an Amazon company. For more information, visit eero.com.
*Use of eero and eero-related products and services requires creation of an eero account and agreement to eero’s Terms of Service, found at http://eero.com/legal. You can review eero’s Privacy Notice at http://eero.com/legal/privacy. Use of eero subscriptions and subscription features is also subject to eero Subscription Terms of Service, found at https://eero.com/legal/eero-subscription.
Kinetic’s AlwaysOn Wi-fi requires use of Kinetic provided eero device (powered by eero LLC (“eero”), a third-party vendor). Subject to Service-Specific Terms and Conditions found on Kinetic’s Terms & Conditions page; https://www.gokinetic.com/about/legal/product-specific-terms; eero products subject to https://www.eero.com/legal. First month of AlwaysOn Wi-fi service appears as a $20 credit on Kinetic bill, then $20/mo. fee in addition to current eligible Kinetic Internet service plan; Taxes/fees/surcharges extra. Wireless/cellular data is provided by a third-party carrier, may only be used during a broadband outage at the customer service address. Typical device speeds 14-48/3-23 Mbps; failover performance, wireless/cellular coverage, uptime, and actual and average speeds will vary. Wireless/cellular speeds may reduce after 75 GB/mo. Not suitable for emergency/911, medical, and certain other uses. Will not work during power outage without a backup battery. $100 unreturned equipment fee may apply at termination. eero and all related marks are trademarks of Amazon.com, Inc. or its affiliates. Amazon.com c/o eero LLC, 660 3rd St. San Francisco, CA.
First-To-Market Capability Combines Premium Streaming Inventory, Audience Intelligence and Sequential Creative to Help Brands Move Beyond the One Size Fits All Ad Experience
Announcement Marks Day 3 of Omnicom Media's Cannes News Blitz Revealing First-Mover Partnerships That Connect Content to Platform Programming, Viewing Experiences and Consumer Expectations
, /PRNewswire/ -- Omnicom Media, an Omnicom (NYSE: OMC) Connected Capability, and Paramount today announced a new collaboration to enhance Paramount's Streaming Fixed Units, which delivers high-impact guaranteed placements during the first seven days of new episode premieres for Paramount's biggest series. Through this collaboration, Paramount and Omnicom will transform the ad format from a fixed creative execution into an adaptive, intelligent, and contextually responsive advertising environment – designed to create a more dynamic and personalized experience for audiences and brand marketers.
Omnicom's audience intelligence and measurement infrastructure will combine with Paramount's premium streaming inventory to adapt a brand's creative messaging based on audience, location, or other relevant information. Advertisers can also guide viewers through a progressive narrative arc, optimized for smarter storytelling with each subsequent touchpoint delivering the next chapter of a campaign. Messaging is frequency capped and sequenced to create a more intentional consumer engagement while preserving scale and enabling measurement.
The collaboration was developed in response to findings from Omnicom Media's Connected Content study, which examined consumer sentiment around the current advertising landscape and explored the factors that drive engagement across both content and delivery experiences. The research found that audiences are increasingly receptive to advertising experiences that feel relevant, intentional, and connected rather than repetitive.
"This solution is about bringing intelligence and narrative progression to one of streaming's most valuable ad formats," said Megan Pagliuca, Chief Product Officer, Omnicom Media. "Consumers have made it clear that repetitive, advertising diminishes engagement. By combining premium streaming inventory with audience intelligence and sequential storytelling, we are creating a model that allows brands to build momentum and relevance with audiences over time rather than restarting the conversation with every impression."
"Streaming has created enormous opportunities for premium storytelling, and advertisers are looking for ways to make those moments work harder," said Leo O'Conner, Executive Vice President, Digital & Streaming, Paramount Advertising. "Together with Omnicom Media, we are evolving Streaming Fixed Units into a smarter, more adaptive advertising experience that combines the impact of premiere programming with the precision and accountability marketers increasingly expect."
The capability is currently in beta tests with several Omnicom Media clients, including Volkswagen of America and Princess Cruises.
"We have been chasing relevance and creative storytelling at scale in streaming environments for years. What makes this approach compelling is the ability to turn a high-impact premiere placement into the beginning of a connected, multiple exposure consumer journey. It creates the potential for us to more intentionally and effectively engage our target audience and make each impression more purposeful." Nick Charrow, Director of Media for beta-test participant Princess Cruises
How It Works
Under the new solution, audience intelligence from Omnicom's Acxiom identity platform is integrated into Paramount's streaming environment to inform real-time creative decisioning of the Streaming Fixed Units during the seven-day premiere window. Viewers exposed to the initial ad are then entered into a retargeting pool, allowing brands to deliver sequenced creative messaging enabled- by the Omnicom Production AI-driven content and production engine - throughout the remainder of the campaign window.
The initiative also creates new opportunities for advertisers to connect the creative experience in streaming to measurable business outcomes. Through Omni Video Content, in partnership with VideoAmp, brands can connect business objectives, including downstream search and conversion activity, to Streaming Fixed Unit creative versions. Brands will also be able to extend sequential storytelling across multiple premiere events, creating larger connected narratives personalized to different audience segments.
The solution is expected to be fully live in the US for Omnicom clients in Q3, and internationally by Q1 2027
CONTACT: [email protected]
About Omnicom Media
Omnicom Media, an Omnicom (NYSE: OMC) Connected Capability, is the world's largest global media management network. Powered by the Omni Intelligence Platform, Omnicom Media agencies leverage $75.6 billion in billings, 40,000+ specialists across 70+ markets, and the industry's most powerful portfolio identity, commerce, and intelligence assets to design dynamic Growth Ecosystems that enable the world's most ambitious businesses to grow faster and smarter. The Omnicom Media portfolio includes global media agency brands OMD, Initiative, PHD, UM, Hearts & Science, and Mediahub; core Omnicom Integrated Media offerings Acxiom, the world's premier identity solution, and the Flywheel digital commerce practice; and specialty services across the cloud consulting, creator, financial, healthcare, and sports & entertainment categories. For more information visit omnicommedia.com
About Paramount, a Skydance Corporation
Paramount, a Skydance Corporation (Nasdaq: PSKY) is a leading, next‑generation global media and entertainment company, comprised of three business segments: Studios, Direct-to-Consumer, and TV Media. The Company's portfolio unites legendary brands, including Paramount Pictures, Paramount Television, CBS, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, SHOWTIME®, Paramount+, Pluto TV, Skydance Animation, Film, Television, and Interactive/Games, and the newly established Paramount Sports Entertainment. For more information, please visit www.paramount.com.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of UNIT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Rapid Q1 2026 expansion benefits communities and customers by enabling remote work, gaming, streaming, agriculture and telehealth
SUGAR LAND, Texas, May 13, 2026 (GLOBE NEWSWIRE) -- Kinetic today announced a major broadband expansion in Texas, delivering multi-gig fiber internet to an additional 9,000 homes across 100 communities in the first quarter of 2026. The expansion highlights Kinetic’s commitment to delivering better technology, at a better value for customers.
Texas is the 8th largest economy in the world and will continue to grow in various industries like aerospace, manufacturing, technology, and more. Kinetic’s fast, 99.95% reliable internet can help support this growth in tech, as well as help enhance work, school, streaming, and everyday life for residents.
“We love the service so far; everything has gone smoothly. We have been very impressed with Kinetic,” said Tracey Maney, a Kinetic customer in Kerrville, Texas.
In the first quarter of 2026, Kinetic continued building in Sugar Land, Texarkana, Whitney, Pineland, New Boston, Maud, Kerrville, Garrison, Fairmount, Denver City, Clyde, Brownfield, Abernathy and more.
To date, more than 225,000 homes and businesses across the Lone Star State have access to Kinetic’s high-speed, next-generation connectivity.
Research shows that fiber-connected communities experience 213% higher business growth, 10% higher self-employment and a 14-17% increase in home values. Fiber is also significantly more sustainable and uses up to 95% less energy per gigabit. It requires less maintenance over time, which reduces environmental impacts and community disruptions.
“Fiber is powering the next generation of opportunity, and as more of our daily activities happen online, we’re focused on ensuring more communities have access to the reliable, high-speed connectivity they need to thrive,” said Stacy Hale, Kinetic’s state operations president. “We’re committed to building a future-proof infrastructure to help more residents, business owners, students and families stay connected and prepared both now and for many years to come.”
Kinetic fiber customers can benefit from seamless 4K+ streaming across multiple devices with no data caps and no usage charges. Multi-gigabit connections support remote work, online learning and low-latency gaming and, through partnerships with YouTube TV, AT&T for cellular bundles, and Signal for reliable VoIP, households and businesses receive a unified high-performance connectivity experience.
More Texas residents and businesses now have access to:
Wi-Fi 7 – The newest, most advanced secure connection with equipment from manufacturers like eero, an Amazon company. Wi-Fi 7 delivers faster speeds and lower latency and supports up to 200+ connected devices at the same time, creating a better internet experience with wall-to-wall coverage and less tech stress.Whole-Home Wi-Fi Set-Up – Professional new fiber installs coupled with the Kinetic PromiseTM, which is a pledge that technicians will not leave the home until Wi-Fi works in every area and on every device where needed.Business Ready Internet – A unified fiber connectivity service for small businesses that offers Gig speeds with integrated security and managed Wi-Fi to keep daily operations efficient and secure. Kinetic, which was named CNET’s Best Rural Fiber Internet Provider in 2026, will continue expanding its future-proof fiber network in Texas in 2026. With approximately 11.5 million fiber strand miles and approximately 1.9 million homes passed to date across its 18-state footprint, Kinetic’s network is expected to reach 3.5 million homes and businesses by 2029.
“We're investing in communities and rapidly expanding our fiber-optic network, reaching farther and moving faster, to deliver technology that better supports entertainment, rising entrepreneurship, digital work and economic opportunity,” said Hale.
Residents interested in Kinetic Fiber Internet can check service availability and construction updates at www.gokinetic.com or call 1- 877-90-FIBER (877-903-4237).
About Kinetic: Kinetic, a business unit of Uniti (NASDAQ: UNIT), is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions and management’s current expectations with respect to the future, involve certain risks and uncertainties, and are not guarantees. These forward-looking statements include, but are not limited to, statements regarding the strategic expansion of the Kinetic fiber network. The words “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “would,” “predicts” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Uniti may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on the forward-looking statements. Future results may differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that Uniti makes. These forward-looking statements involve risks and uncertainties, known and unknown, that could cause events and results to differ materially from those in the forward-looking statements, including, without limitation: unanticipated difficulties or expenditures relating to the merger of Uniti and Windstream; competition and overbuilding in consumer service areas and general competition in business markets; risks related to the Company’s indebtedness, which could reduce funds available for business purposes and operational flexibility; rapid changes in technology, which could affect its ability to compete; risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data; risks related to various forms of regulation from the Federal Communications Commission, state regulatory commissions and other government entities and effects of unfavorable legal proceedings, government investigations, and complex and changing laws; risks inherent in the communications industry and associated with general economic conditions; and additional risks set forth in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings with the U.S. Securities and Exchange Commission as well as the Company’s predecessor’s registration statement on Form S-4 dated February 12, 2025. The discussion of such risks is not an indication that any such risks have occurred at the time of this filing. Uniti does not assume any obligation to update any forward-looking statements.
99.9% Network Reliability: Kinetic Network Reliability based on monthly service availability scores from March 2023 to March 2024 as measured by the Kinetic Network Operations Center using the formula Available Customer Hours divided by Total Customer Hours (Available Customer Hours plus Customer Outage Hours). Customer Outage Hours does not include planned maintenance, emergency events (hurricanes, winter storms, mass flooding, etc.).
Kinetic PromiseTM relies on reasonable effort to confirm Wi‑Fi works in living spaces where customer grants technician access. Wi‑Fi coverage & performance vary by layout, building materials, interference, & device capability. Not a guarantee of uniform coverage, speed, or error‑free service. Add. equipment or wiring may be required & incur charges; certain areas/devices (e.g., detached structures or outdoor spaces) may be excluded. Customer may cancel any time.
Rapid Q1 2026 expansion benefits communities and customers by enabling remote work, gaming, streaming, agriculture and telehealth
JACKSONVILLE, Fla., May 13, 2026 (GLOBE NEWSWIRE) -- Kinetic today announced a major broadband expansion in Florida, delivering multi-gig fiber internet to 5,900 additional homes across more than 20 communities in the first quarter of 2026. The expansion highlights Kinetic’s commitment to delivering better technology, at a better value for customers.
Florida’s economy is expected to exceed national GDP growth again in 2026, experiencing a rise in industries like technology, healthcare, tourism and real estate. Kinetic’s fiber network, with 99.95% reliability, can help support this growth, as well as enhance work, school, streaming, and everyday life for residents.
“I’m very happy with Kinetic internet. The install was very professional; the connectivity and speed are good. I'm pleased that I could get great internet service in a rural area,” said Donna Nelson, a Kinetic customer in Lake Butler.
In the first quarter of 2026, Kinetic added fiber locations in Lake Butler, Live Oak, Crescent City, Branford, Callahan, Jacksonville, Crescent City, Jennings, Lake City, Fort White, Hastings, Trenton, Pomona Park, Alachua, and more. A portion of the fiber locations that were added in Alachua County were funded, in part, by a grant from the Alachua County Board of County Commissioners.
To date, more than 42,000 locations across the Sunshine State have access to Kinetic’s high-speed, next-generation connectivity.
Research shows that fiber-connected communities experience 213% higher business growth, 10% higher self-employment and a 14-17% increase in home values. Fiber is also significantly more sustainable and uses up to 95% less energy per gigabit. It requires less maintenance over time, which reduces environmental impacts and community disruptions.
“Fiber is powering the next generation of opportunity, and as more of our daily activities happen online, we’re focused on ensuring more communities have access to the reliable, high-speed connectivity they need to thrive,” said Stacy Hale, Kinetic’s state operations president. “We’re committed to building a future-proof infrastructure to help more residents, business owners, students and families stay connected and prepared both now and for many years to come.”
Kinetic fiber customers can benefit from seamless 4K+ streaming across multiple devices with no data caps and no usage charges. Multi-gigabit connections support remote work, online learning and low-latency gaming and, through partnerships with YouTube TV, AT&T for cellular bundles, and Signal for reliable VoIP, households and businesses receive a unified high-performance connectivity experience.
More Florida residents and businesses now have access to:
Wi-Fi 7 – The newest, most advanced secure connection with equipment from manufacturers like eero, an Amazon company. Wi-Fi 7 delivers faster speeds and lower latency and supports up to 200+ connected devices at the same time, creating a better internet experience with wall-to-wall coverage and less tech stress. Whole-Home Wi-Fi Set-Up – Professional new fiber installs coupled with the Kinetic Promise™, which is a pledge that technicians will not leave the home until Wi-Fi works in every area and on every device where needed.Business Ready Internet – A unified fiber connectivity service for small businesses that offers up to 1 Gig speeds with integrated security and managed Wi-Fi to keep daily operations efficient and secure. Kinetic, which was named CNET’s Best Rural Fiber Internet Provider in 2026, will continue expanding its future-proof fiber network in Florida in 2026. With approximately 11.5 million fiber strand miles and approximately 1.9 million homes passed to date across its 18-state footprint, Kinetic’s network is expected to reach 3.5 million homes and businesses by 2029.
“We're investing in communities and rapidly expanding our fiber-optic network, reaching farther and moving faster, to deliver technology that better supports entertainment, rising entrepreneurship, digital work and economic opportunity,” said Hale.
Residents interested in Kinetic Fiber Internet can check service availability and construction updates at www.gokinetic.com or call 1- 877-90-FIBER (877-903-4237)
About Kinetic: Kinetic, a business unit of Uniti (NASDAQ: UNIT), is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions and management’s current expectations with respect to the future, involve certain risks and uncertainties, and are not guarantees. These forward-looking statements include, but are not limited to, statements regarding the strategic expansion of the Kinetic fiber network. The words “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “would,” “predicts” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Uniti may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on the forward-looking statements. Future results may differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that Uniti makes. These forward-looking statements involve risks and uncertainties, known and unknown, that could cause events and results to differ materially from those in the forward-looking statements, including, without limitation: unanticipated difficulties or expenditures relating to the merger of Uniti and Windstream; competition and overbuilding in consumer service areas and general competition in business markets; risks related to the Company’s indebtedness, which could reduce funds available for business purposes and operational flexibility; rapid changes in technology, which could affect its ability to compete; risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data; risks related to various forms of regulation from the Federal Communications Commission, state regulatory commissions and other government entities and effects of unfavorable legal proceedings, government investigations, and complex and changing laws; risks inherent in the communications industry and associated with general economic conditions; and additional risks set forth in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings with the U.S. Securities and Exchange Commission as well as the Company’s predecessor’s registration statement on Form S-4 dated February 12, 2025. The discussion of such risks is not an indication that any such risks have occurred at the time of this filing. Uniti does not assume any obligation to update any forward-looking statements.
99.9% Network Reliability: Kinetic Network Reliability based on monthly service availability scores from March 2023 to March 2024 as measured by the Kinetic Network Operations Center using the formula Available Customer Hours divided by Total Customer Hours (Available Customer Hours plus Customer Outage Hours). Customer Outage Hours does not include planned maintenance, emergency events (hurricanes, winter storms, mass flooding, etc.).
Kinetic PromiseTM relies on reasonable effort to confirm Wi‑Fi works in living spaces where customer grants technician access. Wi‑Fi coverage & performance vary by layout, building materials, interference, & device capability. Not a guarantee of uniform coverage, speed, or error‑free service. Add. equipment or wiring may be required & incur charges; certain areas/devices (e.g., detached structures or outdoor spaces) may be excluded. Customer may cancel any time.
New customer agreements and infrastructure investments in Mississippi, Alabama, and Oklahoma underscore momentum with hyperscale and neo-cloud providers.
LITTLE ROCK, Ark., May 18, 2026 (GLOBE NEWSWIRE) -- Uniti Wholesale today announced a series of strategic infrastructure expansions and new customer agreements, further strengthening its position as a premier infrastructure partner for hyperscale and neo-cloud providers. These developments reflect Uniti’s strategy and its commitment to scaling high-capacity fiber and colocation infrastructure in key growth markets.
Strategic Market Highlights:
Jackson, Miss.: signed new metro dark fiber agreements representing 4,313 contracted fiber miles, including an expanded award from a major hyperscaler and a neo-cloud provider. These agreements demonstrate Uniti’s ability to capture additional demand and drive incremental growth from infrastructure deployed in 2024.Birmingham, Ala.: initiated a new 69-route-mile metro build featuring high-count fiber and multiple conduits, further expanding Uniti’s network investments in Alabama alongside existing builds in Huntsville and Montgomery.Tulsa, Okla.: secured a new 50-rack colocation agreement, further advancing Uniti’s market expansion and supporting its previously announced ultra-high-capacity routes connecting Tulsa to Dallas and Amarillo. In parallel, Uniti is building a metro-ring between its long-haul POPs to enhance connectivity and support future growth.
These wins build on Uniti Wholesale’s recent momentum, including a landmark 20-year, $500 million customer contract—the largest contract in company history – and its broader strategic expansion of 1,100 route miles of ultra-high-capacity fiber and upgrades across the South-Central U.S.
“We build where we live, and that creates a different level of commitment,” said Greg Ortyl, executive vice president and president, Strategic Accounts at Uniti Wholesale. “We don’t just build infrastructure and move on — we design, build, operate, and maintain these networks ourselves, so every decision is driven by delivering long-term performance, operational reliability, and the evolving needs of our customers.”
The Owner-Operator Advantage:
Unlike providers that focus solely on construction, Uniti Wholesale builds, operates and maintains the fiber infrastructure and interconnection assets it deploys. That owner-operator model creates a higher level of accountability and allows Uniti Wholesale to engineer for scalability, resilience, and long-term service performance rather than short-term deployment economics.
That distinction is becoming increasingly important as AI and cloud deployments reshape network requirements. Uniti Wholesale emphasized that next-generation infrastructure demands higher fiber counts, scalable facilities, and network architecture built to support sustained growth in Tier 2 and Tier 3 markets. The company’s strategy is to invest ahead of demand by placing high-capacity fiber and colocation infrastructure where customers need it, while managing the engineering complexity behind the scenes.
The deployment of high-count fiber and multiple conduits expands Uniti Wholesale’s metro footprint in markets where customers increasingly need scalable, future-ready connectivity options.
With the scale and financial strength to invest proactively, upgrade infrastructure early, and expand in strategic markets, Uniti Wholesale is focused on being easy to do business with while delivering the transparency, and execution customers expect.
“Customers are looking for more than a contractor — they need an infrastructure partner they can trust to grow with them,” said John Nishimoto, senior vice president, Strategy, Products and Marketing at Uniti Wholesale. “That’s the value of our model: We stay accountable, keep investing, and support our customers long after the network is in service.”
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions and management’s current expectations with respect to the future, involve certain risks and uncertainties, and are not guarantees. These forward-looking statements include, but are not limited to, statements regarding Uniti’s strategic fiber expansion. The words “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “would,” “predicts” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Uniti may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on the forward-looking statements. Future results may differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that Uniti makes. These forward-looking statements involve risks and uncertainties, known and unknown, that could cause events and results to differ materially from those in the forward-looking statements, including, without limitation: unanticipated difficulties or expenditures relating to the merger of Uniti and Windstream; competition and overbuilding in consumer service areas and general competition in business markets; risks related to the Company’s indebtedness, which could reduce funds available for business purposes and operational flexibility; rapid changes in technology, which could affect its ability to compete; risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data; risks related to various forms of regulation from the Federal Communications Commission, state regulatory commissions and other government entities and effects of unfavorable legal proceedings, government investigations, and complex and changing laws; risks inherent in the communications industry and associated with general economic conditions; and additional risks set forth in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings with the U.S. Securities and Exchange Commission as well as the Company’s predecessor’s registration statement on Form S-4 dated February 12, 2025. The discussion of such risks is not an indication that any such risks have occurred at the time of this filing. Uniti does not assume any obligation to update any forward-looking statements.
About Uniti Wholesale:
Uniti Wholesale, a business unit of Uniti (NASDAQ: UNIT), builds and delivers customer-driven dark fiber infrastructure and high-capacity wavelengths, ethernet and wireless access leveraging our optical transport network reaching nearly every hyperscale and AI firm, communications services provider, Fortune 500 enterprise and federal government customers in the U.S. and Canada. Additional information about Uniti Wholesale is available at unitiwholesale.com. Engage with us on LinkedIn.
On May 15, 2026, Diameter Capital Partners disclosed a buy of 4,181,528 shares of Uniti Group (UNIT +1.36%), an estimated $32.78 million trade based on quarterly average pricing.
What happenedAccording to a May 15, 2026, SEC filing, Diameter Capital Partners LP added 4,181,528 shares of Uniti Group, with the estimated value of shares acquired totaling approximately $32.78 million based on the average closing price for the first quarter of 2026. The fund’s position in Uniti Group increased to 5,681,528 shares, with the stake’s quarter-end value up by $42.78 million from the prior filing period.
What else to knowThis was a significant buy; the Uniti stake now accounts for 4.99% of the fund’s 13F reportable assets under management.As of May 14, 2026, shares were priced at $11.25, up 42.6% over the past year and outperforming the S&P 500 by 15.29 percentage points.Company overviewMetricValueRevenue (TTM)$2.93 billionNet income (TTM)$1.25 billionPrice (as of market close May 14, 2026)$11.25One-year price change42.6%Company snapshotOwns and operates communications infrastructure, including fiber optic networks and wireless towers, serving the telecommunications sector across the United StatesGenerates revenue primarily by leasing its fiber and wireless assets to telecom carriers and service providers under long-term contracts, leveraging its real estate investment trust (REIT) structure for recurring cash flowsMain customers are wireless carriers, broadband providers, and other communications service companies seeking scalable and reliable network infrastructure solutionsUniti Group is a leading specialty REIT focused on mission-critical communications infrastructure, with a national footprint of fiber and wireless assets. The company pursues a strategy of acquiring and constructing network assets to support the expanding data and connectivity needs of the telecommunications industry.
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What this transaction means for investorsBuying a fiber infrastructure REIT like Uniti Group means betting that artificial intelligence's explosive growth will keep data centers hungry for connectivity faster than networks can expand. Hedge fund Diameter Capital Partners seems to be making that bet with this major $32 million purchase in Q1.
REITs are companies that own income-producing real estate and must distribute most profits as dividends to shareholders. Uniti owns fiber optic networks across the United States, leasing capacity to telecom companies and selling fiber services directly to consumers and businesses.
The company is benefiting from surging demand driven by artificial intelligence infrastructure. Hyperscalers building massive data centers need fiber connectivity to function, and Uniti reported its third-highest bookings quarter ever in Q1. Fiber revenue grew 15% year over year.
For investors, fiber REITs offer exposure to digital infrastructure without the volatility of tech stocks. The risk is capital intensity. Uniti plans to spend over $1 billion building fiber to reach 3.5 million homes by 2029, which pressures near-term profitability even as revenue grows.
Sara Appino has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
STUTTGART, Germany & NÜRTINGEN, Germany--(BUSINESS WIRE)--As the number of electric vehicles continues to grow, everyday operations at fuel stations are changing as well. While filling up a conventional vehicle often takes only a few minutes, customers using fast charging typically remain on site 15 to 20 minutes for a quick purchase or a break during their journey. Especially along major transport routes, well-equipped locations are becoming increasingly important to commercial drivers as well. For operators, this creates new business opportunities. However, at many locations, the existing grid connection is still insufficient to support high-power fast charging.
At Uniti Expo 2026 at Messe Stuttgart, ADS-TEC Energy demonstrates how fuel stations can be electrified quickly and economically. At Hall 1, Booth 1Y02, the company showcases its battery-buffered ChargePost fast charger featuring an integrated battery storage system and digital advertising displays.
The system enables charging capacities of up to 300 kW even with comparatively weak grid connections between 22 and 87 kVA. This allows existing sites to offer ultra-fast charging without waiting for lengthy and costly grid expansion projects. In addition to charging revenues, operators can unlock further income streams through digital advertising on the integrated 75-inch displays and through intelligent energy management.
“Many fuel station operators want to offer fast charging, but in practice they face challenges such as limited grid capacity, high investment costs and long implementation timelines,” says Heinz Nowicki, Head of Sales at ADS-TEC Energy. “Battery-buffered solutions make fast charging quick to deploy while simultaneously opening up new economic potential at existing locations.”
ADS-TEC Energy has already delivered more than 3,700 charging points worldwide. The ChargePost alone is in operation at numerous fuel station locations across Europe. The company develops and manufactures its systems in Germany, focusing on long-term operational reliability and the integration of energy and charging infrastructure.
On Thursday, May 21, 2026, from 12:05 p.m. to 12:35 p.m., Sascha König, expert for battery-buffered fast charging at ADS-TEC Energy, will speak at the Future Mobility Forum on the topic: “Tankstellen elektrifizieren – ohne Netzengpass: Lösungen aus der Praxis” (“Electrifying Fuel Stations Without Grid Bottlenecks: Practical Solutions from the Field”).
About ADS-TEC Energy
With more than a decade of experience in lithium-ion technologies, ADS-TEC Energy develops and manufactures battery storage solutions and ultra-fast charging systems, including advanced energy management software. ADS-TEC Energy’s battery-buffered fast-charging technology enables electric vehicles to charge at ultra-high power levels even on weak grids, all within an exceptionally compact design.
Headquartered in Nürtingen, Baden-Württemberg, the company was nominated by the President of Germany for the German Future Prize and was inducted into the “Circle of Excellence” in 2022. The outstanding quality and performance of ADS-TEC Energy’s systems are the result of extensive investment in in-house development and high levels of vertical integration. With its advanced technology platforms, ADS-TEC Energy is a trusted partner for automotive manufacturers, energy providers, and charging infrastructure operators worldwide.
For more information, visit: www.ads-tec-energy.com
What happenedAccording to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Searchlight Capital Partners, L.P. reported selling its entire holding of 2,273,504 Uniti Group (UNIT +1.36%) shares in the first quarter. The stake’s quarter-end value declined by $15.94 million, reflecting both trade activity and price fluctuation.
What else to knowSearchlight Capital Partners, L.P. sold out of Uniti Group; the position now represents 0% of 13F reportable assets under management
Top holdings after the filing:
LILAK: $108.89 million (99.5% of AUM)NASDAQ: LILA: $527,550 (0.5% of AUM)As of May 14, 2026, Uniti Group shares were priced at $11.25, up 42.6% over the past year, outperforming the S&P 500 by 15.29 percentage points.
Company overviewMetricValueRevenue (TTM)$2.93 billionNet income (TTM)$1.15 billionMarket capitalization$2.59 billionPrice (as of market close May 14, 2026)$11.25Company snapshotUniti Group Inc. is a fiber broadband and communications infrastructure company formed through the Windstream combination, with businesses spanning Kinetic consumer fiber, Fiber Infrastructure, and Uniti Solutions.
Uniti Group Inc. provides communications infrastructure assets, including 6.7 million fiber strand miles and wireless solutions, to the U.S. telecom sector. The company leverages an extensive asset base to provide connectivity for telecom and wireless operators.
Uniti Group Inc. serves telecommunications carriers, wireless operators, and network service providers seeking scalable, mission-critical connectivity solutions.
What this transaction means for investorsUniti Group’s merger with Windstream transformed Uniti into a fiber broadband operator facing two main challenges: expanding Kinetic’s consumer network and monetizing wholesale fiber demand. This marks a shift from the previous fiber REIT model, which emphasized leased communications assets and REIT-style cash-flow metrics. Following the merger, Uniti is no longer a REIT and will not report FFO or AFFO. The stock should now be evaluated based on broadband growth, fiber economics, capital spending, and debt service.
The first quarter demonstrated strong customer growth, but also highlighted the costs of network expansion. Uniti reported record Kinetic consumer fiber gross additions and ongoing Fiber Infrastructure bookings, generating $441.6 million in adjusted EBITDA. However, the company posted a net loss due to high interest expense, depreciation, and significant capital requirements for the fiber buildout. Investors must assess whether this growth can ultimately support the network’s costs and strengthen the balance sheet.
The key question for investors is whether Uniti can translate fiber expansion into improved financial flexibility. Kinetic must convert new fiber passings into paying broadband customers, while Fiber Infrastructure needs to generate sustainable revenue from carrier, enterprise, and hyperscaler demand. Management’s goal to pass 3.5 million homes with fiber by the end of 2029 provides a clear growth target, but the stock’s future depends on whether this growth can close the gap between strong adjusted EBITDA and ongoing net losses.
More than 75% of homes now have access to Kinetic’s Multi-Gig, Next-Generation internet 8,900 locations benefit from better internet experience supporting economic growth, telehealth, work, streaming HAZARD, Ky., May 20, 2026 (GLOBE NEWSWIRE) -- Kinetic, a leading residential and business fiber internet provider, announced today that Hazard is officially recognized as a Kinetic ‘Gig-Ready Community,’ meaning more than 75% of the homes in the community now have access to Kinetic’s high-speed, next generation internet.
This major technological milestone marks a significant advancement in the community’s digital infrastructure and provides many residents with better technology - at a better value - and an overall better internet experience to help enhance everyday life.
“I love the price, the service and how everything was so simple and easy. I’m glad I switched to Kinect,” said Jessica Wise, a Kinetic customer in Kentucky.
To date, more than 8,900 homes in Hazard have access to Kinetic’s future-proof internet to better support work, education, streaming and telehealth.
Kinetic’s continued investment in the community’s fiber-optic network is providing faster and more reliable connectivity that is essential for economic growth and opportunities. According to research, fiber-connected communities see meaningful gains, including:
213% higher business growth10% higher self-employment14-17% increase in home values “High-speed connectivity is crucial to completing everyday tasks, participating in the digital economy, and unlocking new opportunities,” said Susan Schraibman, Kinetic’s state operations president. “As a Gig-Ready Community, a majority of Hazard residents now have the opportunity to do just that with better internet, faster speeds, more reliability, and enhanced service.”
Kinetic has been a long-term partner to Hazard and many other communities across Kentucky. The company’s continued local investment in the state builds on its national recognition for fiber performance and reliability. Kinetic was recently named CNET’s “2026 Best Rural Fiber Provider” and continues to expand its fiber network in the Bluegrass State, building connections to thousands more homes, businesses and apartments.
Residents who want to check fiber availability or construction updates can call 1- 877-90-FIBER (877-903-4237) or visit www.gokinetic.com.
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
More than 75% of homes now have access to Kinetic’s Multi-Gig, Next-Generation internet 900 locations benefit from better internet experience supporting economic growth, telehealth, work, streaming FAIRFAX, Okla., May 20, 2026 (GLOBE NEWSWIRE) -- Kinetic, a leading residential and business fiber internet provider, announced today that Fairfax is officially recognized as a Kinetic ‘Gig-Ready Community,’ meaning more than 75% of the homes in the community now have access to Kinetic’s high-speed, next generation internet.
This major technological milestone marks a significant advancement in the community’s digital infrastructure and provides many residents with better technology - at a better value - and an overall better internet experience to help enhance everyday life.
“We've been very happy with Kinetic so far, and we are grateful that we have quick and easy access to help if anything were to happen,” said Jessica Heck, a Kinetic customer in Oklahoma.
To date, more than 900 homes in Fairfax have access to Kinetic’s future-proof internet to better support work, education, streaming and telehealth.
Kinetic’s continued investment in the community’s fiber-optic network is providing faster and more reliable connectivity that is essential for economic growth and opportunities. According to research, fiber-connected communities see meaningful gains, including:
213% higher business growth10% higher self-employment14-17% increase in home values “Our everyday lives are becoming increasingly digital, and high-speed connectivity is crucial to completing everyday tasks and unlocking new opportunities,” said Stacy Hale, Kinetic’s state operations president. “As a Gig-Ready Community, a majority of Fairfax residents now have the opportunity to internet better with faster speeds, more reliability, and enhanced service.”
Kinetic has been a long-term partner to Fairfax and many other communities across Oklahoma. The company’s continued local investment in the state builds on its national recognition for fiber performance and reliability. Kinetic was recently named CNET’s “2026 Best Rural Fiber Provider” and continues to expand its fiber network in the Sooner State, building connections to thousands more homes, businesses and apartments.
Residents who want to check fiber availability or construction updates can call 1- 877-90-FIBER (877-903-4237) or visit www.gokinetic.com.
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
More than 75% of homes now have access to Kinetic’s Multi-Gig, Next-Generation internet 37,000 locations benefit from better internet experience supporting economic growth, telehealth, work, streaming TEXARKANA, Texas, May 20, 2026 (GLOBE NEWSWIRE) -- Kinetic, a leading residential and business fiber internet provider, announced today that Texarkana is officially recognized as a Kinetic ‘Gig-Ready Community,’ meaning more than 75% of the homes in the community now have access to Kinetic’s high-speed, next generation internet.
This major technological milestone marks a significant advancement in the community’s digital infrastructure and provides many residents with better technology - at a better value - and an overall better internet experience to help enhance everyday life.
“I am very pleased with [Kinetic’s] service so far and extremely pleased with pricing and performance,” said Elizabeth Verone, a Kinetic customer in Texarkana.
More than 37,000 homes in Texarkana have access to Kinetic’s future-proof internet to better support work, education, streaming and telehealth.
Kinetic’s continued investment in the community’s fiber-optic network is providing faster and more reliable connectivity that is essential for economic growth and opportunities. According to research, fiber-connected communities see meaningful gains, including:
213% higher business growth10% higher self-employment14 -17% increase in home values
“Our everyday lives are becoming increasingly digital, and high-speed connectivity is crucial to completing everyday tasks and unlocking new opportunities,” said Stacy Hale, Kinetic’s state operations president. “As a Gig-Ready Community, a majority of Texarkana residents now have the opportunity to internet better with faster speeds, more reliability, and enhanced service.”
Kinetic has been a long-term partner to Texarkana and many other communities across Texas. The company’s continued local investment in the state builds on its national recognition for fiber performance and reliability. Kinetic was recently named CNET’s “2026 Best Rural Fiber Provider” and continues to expand its fiber network in the Lone Star State, building connections to thousands more homes, businesses and apartments.
Residents who want to check fiber availability or construction updates can call 1- 877-90-FIBER (877-903-4237) or visit www.gokinetic.com.
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
More than 75% of homes now have access to Kinetic’s Multi-Gig, Next-Generation internet 2,700 locations benefit from better internet experience supporting economic growth, telehealth, work, streaming JASPER, Fla., May 20, 2026 (GLOBE NEWSWIRE) -- Kinetic, a leading residential and business fiber internet provider, announced today that Jasper is officially recognized as a Kinetic ‘Gig-Ready Community,’ meaning more than 75% of the homes in the community now have access to Kinetic’s high-speed, next generation internet.
This major technological milestone marks a significant advancement in the community’s digital infrastructure and provides many residents with better technology - at a better value - and an overall better internet experience to help enhance everyday life.
“We are happy that [the service] is fast and covers the entire house. We no longer have dead zones in our yard (5 + acres). No loss of connection when it rains and no lag time when running 2 cell phones, laptop and printer,” said Chris Book, a Kinetic customer in Florida.
More than 2,700 homes in Jasper have access to Kinetic’s future-proof internet to better support work, education, streaming and telehealth.
Kinetic’s continued investment in the community’s fiber-optic network is providing faster and more reliable connectivity that is essential for economic growth and opportunities. According to research, fiber-connected communities see meaningful gains, including:
213% higher business growth10% higher self-employment14-17% increase in home values “Our everyday lives are becoming increasingly digital, and high-speed connectivity is crucial to completing everyday tasks and unlocking new opportunities,” said Stacy Hale, Kinetic’s state operations president. “As a Gig-Ready Community, a majority of Jasper residents now have the opportunity to internet better with faster speeds, more reliability, and enhanced service.”
Kinetic has been a long-term partner to Jasper and many other communities across Hamilton County and Florida. This Hamilton County fiber expansion is an example of the impact a successful public-private partnership can have on a community.
Kinetic's continued local investment in the state builds on its national recognition for fiber performance and reliability. Kinetic was recently named CNET’s “2026 Best Rural Fiber Provider” and continues to expand its fiber network in the Sunshine State, building connections to thousands more homes, businesses and apartments.
Residents who want to check fiber availability or construction updates can call 1- 877-90-FIBER (877-903-4237) or visit www.gokinetic.com.
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
More than 75% of homes now have access to Kinetic’s Multi-Gig, Next-Generation internet 13,000 locations benefit from better internet experience supporting economic growth, telehealth, work, streaming DAHLONEGA, Ga., May 20, 2026 (GLOBE NEWSWIRE) -- Kinetic, a leading residential and business fiber internet provider, announced today that Dahlonega is officially recognized as a Kinetic ‘Gig-Ready Community,’ meaning more than 75% of the homes in the community now have access to Kinetic’s high-speed, next generation internet.
This major technological milestone marks a significant advancement in the community’s digital infrastructure and provides many residents with better technology - at a better value - and an overall better internet experience to help enhance everyday life.
“I am so very happy with my new service! No more buffering on any of my devices. I can continue to work from home with no more issues. Everyone, and I mean everyone, I encountered at Kinetic was friendly and helpful. Highly recommend [Kinetic’s] service,” said Valerie Snyder, a Kinetic customer in Georgia.
More than 13,000 homes in Dahlonega have access to Kinetic’s future-proof internet to better support work, education, streaming, and telehealth. A portion of these locations were built to with the support of American Rescue Plan Act funding in partnership with the counties and the State of Georgia.
Kinetic’s continued investment in the community’s fiber-optic network is providing faster and more reliable connectivity that is essential for economic growth and opportunities. According to research, fiber-connected communities see meaningful gains, including:
213% higher business growth10% higher self-employment14-17% increase in home values
“Our everyday lives are becoming increasingly digital, and high-speed connectivity is crucial to completing everyday tasks and unlocking new opportunities,” said Stacy Hale, Kinetic’s state operations president. “As a Gig-Ready Community, a majority of Dahlonega residents now have the opportunity to internet better with faster speeds, more reliability, and enhanced service.”
Kinetic has been a long-term partner to Dahlonega and many other communities across Georgia. The company’s continued local investment in the state builds on its national recognition for fiber performance and reliability. Kinetic was recently named CNET’s “2026 Best Rural Fiber Provider” and continues to expand its fiber network in the Peach State, building connections to thousands more homes, businesses and apartments.
Residents who want to check fiber availability or construction updates can call 1- 877-90-FIBER (877-903-4237) or visit www.gokinetic.com.
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
More than 75% of homes now have access to Kinetic’s Multi-Gig, Next-Generation internet 19,000 locations benefit from better internet experience supporting economic growth, telehealth, work, streaming KANNAPOLIS, N.C., May 20, 2026 (GLOBE NEWSWIRE) -- Kinetic, a leading residential and business fiber internet provider, announced today that Kannapolis is officially recognized as a Kinetic ‘Gig-Ready Community,’ meaning more than 75% of the homes in the community now have access to Kinetic’s high-speed, next generation internet.
This major technological milestone marks a significant advancement in the community’s digital infrastructure and provides many residents with better technology - at a better value - and an overall better internet experience to help enhance everyday life.
“We are very happy and pleased with our service. The [Kinetic] technicians who did our install were amazing and very knowledgeable. We highly recommend Kinetic’s services to anyone. So much better than our last services ever was,” said Kimberly Zeback, a Kinetic customer in Kannapolis.
More than 19,000 homes in Kannapolis have access to Kinetic’s future-proof internet to better support work, education, streaming, and telehealth. A portion of these locations were supported by funds awarded to the State of North Carolina by the U.S. Department of the Treasury.
Kinetic was also recently awarded as having the “most responsive internet speeds” in Kannapolis, besting Spectrum by 45%.*
Kinetic’s continued investment in Kannapolis’ fiber-optic network is providing faster and more reliable connectivity that is essential for economic growth and opportunities. According to research, fiber-connected communities see meaningful gains, including:
213% higher business growth10% higher self-employment14-17% increase in home values “Our everyday lives are becoming increasingly digital, and high-speed connectivity is crucial to completing everyday tasks and unlocking new opportunities,” said Stacy Hale, Kinetic’s state operations president. “As a Gig-Ready Community, a majority of Kannapolis residents now have the opportunity to internet better with faster speeds, more reliability, and enhanced service.”
Kinetic has been a long-term partner to Kannapolis and many other communities across North Carolina. The company’s continued local investment in the state builds on its national recognition for fiber performance and reliability. Kinetic was recently named CNET’s “2026 Best Rural Fiber Provider” and continues to expand its fiber network in the Tar Heel State, building connections to thousands more homes, businesses and apartments.
Residents who want to check fiber availability or construction updates can call 1- 877-90-FIBER (877-903-4237) or visit www.gokinetic.com.
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
*Based on Ookla® Speedtest Intelligence® data, Kannapolis, NC 2H 2025. All rights reserved.
LITTLE ROCK, Ark., June 01, 2026 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that Kinetic ABS Issuer LLC, a limited-purpose, bankruptcy remote subsidiary of Uniti (the “Issuer”), has commenced an offering of $1,140,710,000 aggregate principal amount of secured fiber network revenue term notes (the “Notes”), the issuance and sale of which are subject to market conditions and other factors. The Notes are expected to have an anticipated repayment date in June 2033. The Notes are expected to be secured by certain residential fiber network assets and related customer agreements in the States of Texas, Arkansas, Kentucky, Ohio, Georgia, Iowa, Alabama, Florida, North Carolina and Oklahoma. Each of the Issuer and its direct parent entity and subsidiaries are designated as “unrestricted subsidiaries” under Uniti’s credit agreement and the indentures governing its outstanding senior notes.
In connection with the offering of the Notes, the Issuer expects to (i) increase the maximum commitment under its existing liquidity funding note facility to reflect the increase in the transaction’s liquidity reserve requirements that would result from the issuance of the Notes and (ii) extend the maturity of the existing liquidity note facility to align with the final maturity date of the Notes.
Uniti intends to use the net proceeds of the offering of the Notes for general corporate purposes, which may include success-based capital expenditures and/or repayment of outstanding debt.
The Notes will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act or any applicable state securities laws. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and outside the United States in compliance with Regulation S under the Securities Act.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
ABOUT UNITI
Uniti is a premier insurgent fiber provider dedicated to enabling mission-critical connectivity across the United States. We build, operate, and deliver fast and reliable communications services, empowering more than a million consumers and businesses in the digital economy. Our broad portfolio of services is offered through a suite of brands: Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future and management’s current expectations, involve certain risks and uncertainties, and are not guarantees. These forward-looking statements include, but are not limited to, statements regarding the proposed offering of the Notes and use of proceeds therefrom. The words “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “would,” “predicts” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on the forward-looking statements. Future results may differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that the Company makes. These forward-looking statements involve risks and uncertainties, known and unknown, that could cause events and results to differ materially from those in the forward-looking statements, including, without limitation: the levels of demand for our residential fiber network services within the markets related to the Notes, general market conditions within such markets, our ability to maintain and grow our residential fiber network services within these markets, unanticipated difficulties or expenditures relating to the merger of Uniti and Windstream; competition and overbuilding in consumer service areas and general competition in business markets; risks related to Uniti’s indebtedness, which could reduce funds available for business purposes and operational flexibility; rapid changes in technology, which could affect its ability to compete; risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data; risks related to various forms of regulation from the Federal Communications Commission, state regulatory commissions and other government entities and effects of unfavorable legal proceedings, government investigations, and complex and changing laws; risks inherent in the communications industry and associated with general economic conditions; and additional risks set forth in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Uniti’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings with the U.S. Securities and Exchange Commission. The discussion of such risks is not an indication that any such risks have occurred at the time of this filing. The Company does not assume any obligation to update any forward-looking statements. Uniti expressly disclaims any obligation to release publicly any updates or revisions to any of the forward-looking statements set forth in this press release to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
LITTLE ROCK, Ark., June 03, 2026 (GLOBE NEWSWIRE) -- Kinetic, the premier insurgent fiber internet provider for homes and businesses, announced today that it surpassed 2 million fiber premises built across its 18-state service area, marking a major milestone in the company’s history and highlights its aggressive fiber broadband expansion since Kinetic became a part of Uniti.
The milestone, surpassed in the greater Lexington, Ky., area, reflects deep and continued investment in fiber infrastructure across rural and suburban communities, where demand for high-speed internet service continues to grow and there is an opportunity to take market share from legacy providers.
“This is the result of disciplined execution by our internal engineering and construction teams who are building fiber at scale and with a focus on quality in the heart of America,” said Bobby Walters, Kinetic’s senior vice president of Construction. “We’ve also ramped up our external partnerships across the country to accelerate and bring our vision to reality. Every new premise passed extends the reach of our 100% fiber network and puts more homes and businesses within access of fast, reliable broadband. I’m proud to be with a company investing its own capital where it matters.”
Kinetic’s first-quarter results showed about 1.94 million premises were passed and more than 50% of its customer base, and more than 50% of its revenue, now comes from fiber.
“Passing two-million homes is an exciting milestone because it means more families and more communities can experience the difference better connectivity makes,” said Stacie Vongvanith, executive vice president and Kinetic chief customer officer. Our continued focus is on delivering the best possible experience for our customers. From reliable internet service to responsive and professional support – we aim to provide confidence that Kinetic will keep them connected to what matters most.”
In the past 12 months, Kinetic launched a new bundle with Youtube TV, was named the “2026 Telecommunications Company of the Year,” was recognized by CNET as its “Best Rural Fiber Internet Provider,” launched a new partnership with eero ushering in Wi-Fi7, launched its Kinetic PromiseTM, provisionally won $184 million in BEAD grants for builds in Alabama, Arkansas, Florida, Georgia, New Mexico, North Carolina and Texas, as well as hosted hundreds of free computer-skills classes for thousands of people, while also partnering with 13 organizations in a nation-wide giving campaign to deliver support where it matters most: in the neighborhoods its customers call home.
Kinetic is on a multi-year, multi-billion-dollar mission to bring blazing fast multi-gig fiber internet to more underserved, or unserved rural and suburban communities across the U.S.
Those interested in fiber should call 1-877-90-FIBER or visit gokinetic.com.
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
Key Takeaways Kinetic surpassed 2 million fiber premises built across its 18-state service footprint.Kinetic hit the milestone near Lexington, KY, as it expands fiber in underserved communities.Fiber customers and fiber services each now account for more than 50% of Kinetic's mix. Uniti Group’s (UNIT - Free Report) business unit, Kinetic, announced that it has surpassed 2 million fiber premises built across its 18-state service footprint. This milestone, reached in the greater Lexington, KY, area, underscores the company’s ongoing efforts to broaden fibre broadband availability and enhance connectivity in underserved rural and suburban communities.
The achievement reflects Kinetic’s continued investment in fiber infrastructure, targeting markets where demand for high-speed internet connectivity remains strong and it can gain market share from legacy broadband providers.
Per Bobby Walters, senior vice president of Construction of Kinetic, “This is the result of disciplined execution by our internal engineering and construction teams who are building fiber at scale and with a focus on quality in the heart of America. We’ve also ramped up our external partnerships across the country to accelerate and bring our vision to reality. Every new premise passed extends the reach of our 100% fiber network and puts more homes and businesses within access of fast, reliable broadband. I’m proud to be with a company investing its own capital where it matters.”
Kinetic has positioned itself as a premier fiber internet provider for both homes and businesses. The company is executing a multi-year, multi-billion-dollar mission aimed at delivering multi-gig fiber internet services to more underserved or unserved rural and suburban communities across the United States.
The company’s recent operational performance highlights the success of its fiber-first approach. In the first quarter of 2026, Kinetic reported approximately 1.94 million fiber premises passed. Fiber customers now account for more than 50% of its customer base, and fiber services generate more than 50% the company’s revenues, demonstrating the growing importance of fiber within Kinetic's business mix.
ConclusionAs fiber adoption continues to increase, Kinetic appears well-positioned to benefit from rising demand for faster internet speeds and enhanced digital services across its expanding footprint.
In the past three months, shares of this Zacks Rank #3 (Hold) company have gained 39.5% compared with the industry's rise of 0.5%.
Image Source: Zacks Investment Research
Stocks to ConsiderSome better-ranked stocks from the broader REIT sector are Cousins Properties (CUZ - Free Report) and Lamar Advertising (LAMR - Free Report) , each carrying a Zacks Rank of #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for CUZ’s 2026 FFO per share is pegged at $2.93, which indicates year-over-year growth of 3.17%.
The Zacks Consensus Estimate for LAMR’s full-year FFO per share is pinned at $8.81, which suggests an increase of 6.66% from the year-ago period.
Note: Anything related to earnings presented in this write-up represents FFO, a widely used metric to gauge the performance of REITs.
On June 04, 2026, Uniti Group Inc UNIT shares rose 5.0% today, currently trading at $11.79. The stock has shown a strong price performance, with a 1-year gain of 172.9% and a year-to-date increase of 68.2%. The shares have fluctuated between a 52-week high of $12.39 and a low of $4.00.
GF Value™ verdict: The current price of $11.79 is 9.9% above the GF Value™ estimate of $10.73, indicating a slight overvaluation.GF Score™ is 82/100, suggesting strong overall performance and potential for long-term returns.Insiders sold $0.1M worth of stock in the last 3 months, indicating a lack of buying enthusiasm from those closest to the company. Is UNIT Overvalued or Undervalued? According to the GF Value™, Uniti Group Inc is currently overvalued, as its market price of $11.79 exceeds the calculated fair value of $10.73 by 9.9%. This overvaluation suggests a potential risk for investors, as the stock may not provide a sufficient margin of safety. The GF Valuation label indicates that while the stock is trading above its intrinsic value, the overall strong performance reflected in its GF Score™ may still attract investors looking for growth opportunities.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the current pricing dynamics, investors should be cautious about entering positions at these elevated levels, especially considering the selling activity by insiders, which could signal a lack of confidence in the stock's future performance.
How Does UNIT's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 3.5x 13.7x Forward P/E 96.6x N/A Currently, Uniti Group Inc's P/E ratio of 3.5x is significantly below its 5-year median of 13.7x, suggesting that the stock is trading at a historically low valuation multiple. However, the forward P/E of 96.6x indicates that future earnings expectations are high, which may be inconsistent with the GF Value™ verdict that the stock is overvalued. This discrepancy points to a potential misalignment between current market sentiment and historical valuation norms.
What Does UNIT's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns (backtested 2006-2021).
Metric Rating GF Score™ 82 Financial Strength 2/10 Profitability 7/10 Growth 10/10 Valuation 7/10 Momentum 6/10 The GF Score™ of 82/100 indicates a strong overall performance for Uniti Group Inc. The company excels in growth with a perfect score of 10/10, suggesting robust future potential. However, the financial strength score of 2/10 raises concerns about its stability and ability to weather economic downturns. The profitability rank of 7/10 and valuation rank of 7/10 reflect a balanced performance but highlight the need for caution given the financial vulnerabilities.
What Are Insiders Doing with UNIT Stock? In the past three months, insiders have sold $0.1M worth of Uniti Group Inc stock, with no reported purchases. This trend of selling could indicate a lack of confidence among company executives regarding the stock's future performance. Typically, insider selling may suggest that those closest to the company do not foresee significant upside in the near term, which could be a red flag for potential investors.
What This Means for Investors Based on the GF Value™, Uniti Group Inc is currently overvalued, trading above its intrinsic value with a price of $11.79 compared to a fair value of $10.73. This overvaluation, coupled with the recent insider selling, suggests that potential investors should proceed with caution as there may be limited upside in the near term.
For the complete analysis, visit the Uniti Group Inc UNIT stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is UNIT's GF Score™?
UNIT's GF Score™ is 82/100, indicating a strong overall performance and potential for long-term returns based on GuruFocus' assessment.
Is UNIT overvalued or undervalued?
UNIT is currently overvalued according to the GF Value™, with a market price above its intrinsic value estimate.
What is UNIT's P/E ratio?
UNIT's P/E ratio is 3.5x, which is significantly below its 5-year median of 13.7x, indicating that the stock is trading at a historically low valuation multiple.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
LITTLE ROCK, Ark., June 05, 2026 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that Kinetic ABS Issuer LLC, a limited-purpose, bankruptcy remote subsidiary of Uniti (the “Issuer”), has priced its offering of $1,140,710,000 aggregate principal amount of secured fiber network revenue term notes, consisting of $805,210,000 5.834% Series 2026-2, Class A-2 term notes, $134,200,000 6.224% Series 2026-2, Class B term notes and $201,300,000 7.536% Series 2026-2, Class C term notes, each with an anticipated repayment date in June 2033 (collectively, the “Notes”). Collectively, the Notes have a weighted average coupon rate of approximately 6.180%. The Notes are expected to be secured by certain residential fiber network assets and related customer agreements in the States of Texas, Arkansas, Kentucky, Ohio, Georgia, Iowa, Alabama, Florida, North Carolina and Oklahoma. Each of the Issuer and its direct parent entity and subsidiaries are designated as “unrestricted subsidiaries” under Uniti’s credit agreement and the indentures governing its outstanding senior notes. The offering is expected to close on July 15, 2026.
In connection with the closing of the offering of the Notes, the Issuer expects to (i) increase the maximum commitment under its existing liquidity funding note facility to reflect the increase in the transaction’s liquidity reserve requirements that would result from the issuance of the Notes and (ii) extend the maturity of the existing liquidity note facility to align with the final maturity date of the Notes.
Uniti intends to use the net proceeds of the offering of the Notes for general corporate purposes, which may include success-based capital expenditures and/or repayment of outstanding debt.
The Notes will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act or any applicable state securities laws. The Notes were offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and outside the United States in compliance with Regulation S under the Securities Act.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
ABOUT UNITI
Uniti is a premier insurgent fiber provider dedicated to enabling mission-critical connectivity across the United States. We build, operate, and deliver fast and reliable communications services, empowering more than a million consumers and businesses in the digital economy. Our broad portfolio of services is offered through a suite of brands: Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future and management’s current expectations, involve certain risks and uncertainties, and are not guarantees. These forward-looking statements include, but are not limited to, statements regarding the offering of the Notes and use of proceeds therefrom. The words “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “would,” “predicts” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on the forward-looking statements. Future results may differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that the Company makes. These forward-looking statements involve risks and uncertainties, known and unknown, that could cause events and results to differ materially from those in the forward-looking statements, including, without limitation: the levels of demand for our residential fiber network services within the markets related to the Notes, general market conditions within such markets, our ability to maintain and grow our residential fiber network services within these markets, unanticipated difficulties or expenditures relating to the merger of Uniti and Windstream; competition and overbuilding in consumer service areas and general competition in business markets; risks related to Uniti’s indebtedness, which could reduce funds available for business purposes and operational flexibility; rapid changes in technology, which could affect its ability to compete; risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data; risks related to various forms of regulation from the Federal Communications Commission, state regulatory commissions and other government entities and effects of unfavorable legal proceedings, government investigations, and complex and changing laws; risks inherent in the communications industry and associated with general economic conditions; and additional risks set forth in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Uniti’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings with the U.S. Securities and Exchange Commission. The discussion of such risks is not an indication that any such risks have occurred at the time of this filing. The Company does not assume any obligation to update any forward-looking statements. Uniti expressly disclaims any obligation to release publicly any updates or revisions to any of the forward-looking statements set forth in this press release to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
LITTLE ROCK, Ark., June 08, 2026 (GLOBE NEWSWIRE) -- Uniti Wholesale today announced a strategic collaboration with Beanfield to expand cross-border connectivity options between Canada and the United States. Beanfield is a Canadian fiber service provider with a dense metro footprint, delivering high-performance connectivity and dark fiber to business customers and serving key data centers.
The collaboration is anchored by CanAm2, Uniti Wholesale’s high-count dark fiber route connecting Montreal to the New York metro region, creating a direct foundation for scalable connectivity between Canadian markets and major U.S. interconnection hubs.
By combining Uniti Wholesale’s long-haul U.S. network scale with Beanfield’s metro fiber reach in Canada, the collaboration expands where customers can connect and how they can architect cross-border networks.
“Customers are demanding more reach, more control, and more speed—particularly for cross-border connectivity,” said John Nishimoto, senior vice president, Strategy, Products and Marketing, Uniti Wholesale. “Through CanAm2 and in collaboration with Beanfield, we’re expanding options from Montreal into the New York metro region and beyond—giving customers access to high-count dark fiber, and enhanced wavelength reach to extend connectivity into the U.S. and across Canada.”
Scale Without Borders: A Fusion of Metro Density and Long-Haul Reach
The collaboration simplifies cross-border connectivity by pairing Beanfield’s deep on-net building and data center presence in Montreal with Uniti’s coast-to-coast U.S. scale.
Key benefits include:
Strategic Resiliency: Diverse routing and high-capacity dark fiber IRUs/leases that allow customers to maintain end-to-end control of their optical networks.
Dual-Metro Bundles: Offerings that pair cross-border dark fiber into Montreal with high-capacity wavelengths (up to 100G) connecting Montreal and Toronto.
Digital Integration: Seamless management via Uniti Wholesale’s iConnect self-service portal.
“Customers need infrastructure built for performance and longevity,” said Chris Adamkowski, chief revenue officer, Commercial, Beanfield. “Through this collaboration, we’re extending dark fiber reach across a critical corridor and expanding connectivity options that give customers the flexibility to design networks on their terms, while still receiving the top-notch service and fiber expertise Beanfield is known for.”
Bridging a Critical Cross-Border Corridor
The New York–Montreal corridor serves as a primary artery for North American data traffic. By connecting major office hubs, carrier hotels, and data centers across the border, Uniti and Beanfield are enabling a seamless “cloud corridor” that helps global enterprises bridge U.S. and Canadian markets with greater efficiency.
About Uniti Wholesale:
Uniti Wholesale, a business unit of Uniti (NASDAQ: UNIT), builds and delivers customer-driven dark fiber infrastructure and high-capacity wavelengths, ethernet and wireless access leveraging our optical transport network reaching nearly every hyperscale and AI firm, communications services provider, Fortune 500 enterprise and federal government customers in the U.S. and Canada. Additional information about Uniti Wholesale is available at unitiwholesale.com. Engage with us on LinkedIn.
Beanfield is an independent, facilities-based telecommunications company. Founded in 1988 with a challenger spirit, it expanded its fibre- optic network to serve markets in Toronto, Vancouver, Montreal, and Ottawa. Beanfield’s mission is to bring desperately needed choice and superior high-speed fibre connectivity to business and residential customers in Canada’s largest cities while supporting them with a 100% Canadian-based workforce. Beanfield believes everyone deserves quality connectivity at a fair price, because that’s How it should be.
Beanfield Media Contact:
Kaitlin Buckley, 416-532-1555 ext. 2050 [email protected]
Uniti (UNIT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in FFO estimate revisions may not translate into further price increase in the near term.
