Kinetic announces Texarkana as a 'Gig-Ready Community,' providing over 75% of homes with high-speed internet access.
Quiver AI Summary
Kinetic has announced that Texarkana is now a recognized 'Gig-Ready Community,' with over 75% of homes having access to their high-speed, next-generation fiber internet. This development benefits more than 37,000 residents, enhancing their internet experience for work, education, streaming, and telehealth. The company's investment in Texarkana's digital infrastructure aims to drive economic growth and improve connectivity, as studies show fiber-connected communities experience significant increases in business growth and home values. Kinetic, recently acknowledged as CNET's "2026 Best Rural Fiber Provider," continues to expand its fiber network across Texas, reinforcing its commitment to delivering reliable internet services. Residents can check availability and updates through Kinetic's resources.
Potential Positives
- Kinetic has achieved a major milestone by providing over 75% of homes in Texarkana with access to its Multi-Gig, next-generation internet, enhancing the community's digital infrastructure.
- The designation of Texarkana as a 'Gig-Ready Community' supports economic growth by improving access to vital services such as work, education, streaming, and telehealth.
- Kinetic's fiber-connected communities are associated with significant economic benefits, including higher business growth and increased home values.
- Kinetic has been recognized as the 2026 Telecommunications Company of the Year and CNET's "2026 Best Rural Fiber Provider," solidifying its reputation in the fiber internet market.
Potential Negatives
- While the press release promotes Kinetic’s services, it does not address any potential concerns or criticisms regarding the quality of service or customer support, which could lead to skepticism among potential customers.
- The announcement focuses heavily on the positive aspects of the expansion but omits details regarding the cost implications for consumers or any changes in service pricing, which may create uncertainty.
- There is no mention of competition in the area, which could imply potential challenges or advantages related to market positioning that are crucial for stakeholders to consider.
FAQ
What percentage of Texarkana homes have access to Kinetic's internet?
More than 75% of homes in Texarkana have access to Kinetic’s high-speed internet.
How many homes in Texarkana benefit from Kinetic's services?
Over 37,000 homes in Texarkana benefit from Kinetic’s next-generation internet services.
What advantages does Kinetic's internet provide to residents?
Kinetic's internet offers faster speeds, more reliability, and enhanced service for work, education, and telehealth.
What recognition has Kinetic received recently?
Kinetic was named CNET’s “2026 Best Rural Fiber Provider” and recognized as the 2026 Telecommunications Company of the Year.
How can residents check fiber availability in Texarkana?
Residents can check fiber availability by calling 1-877-90-FIBER or visiting www.gokinetic.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$UNIT Insider Trading Activity
$UNIT insiders have traded $UNIT stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $UNIT stock by insiders over the last 6 months:
- CARMEN PEREZ-CARLTON sold 7,500 shares for an estimated $58,575
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$UNIT Revenue
$UNIT had revenues of $987.5M in Q1 2026. This is an increase of 235.99% from the same period in the prior year.
You can track UNIT financials on Quiver Quantitative's UNIT stock page.
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$UNIT Hedge Fund Activity
We have seen 118 institutional investors add shares of $UNIT stock to their portfolio, and 153 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VANGUARD GROUP INC added 6,494,001 shares (+38.9%) to their portfolio in Q4 2025, for an estimated $45,522,947
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 5,609,214 shares (-77.7%) from their portfolio in Q4 2025, for an estimated $39,320,590
- DIAMETER CAPITAL PARTNERS LP added 4,181,528 shares (+278.8%) to their portfolio in Q1 2026, for an estimated $39,222,732
- MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. added 3,285,172 shares (+156.8%) to their portfolio in Q1 2026, for an estimated $30,814,913
- SEARCHLIGHT CAPITAL PARTNERS, L.P. removed 2,273,504 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $21,325,467
- DEUTSCHE BANK AG\ removed 1,397,437 shares (-50.6%) from their portfolio in Q1 2026, for an estimated $13,107,959
- JPMORGAN CHASE & CO removed 1,143,083 shares (-51.7%) from their portfolio in Q4 2025, for an estimated $8,013,011
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$UNIT Price Targets
Multiple analysts have issued price targets for $UNIT recently. We have seen 6 analysts offer price targets for $UNIT in the last 6 months, with a median target of $11.375.
Here are some recent targets:
- Michael Rollins from Citigroup set a target price of $11.75 on 05/19/2026
- Caleb Stein from Wells Fargo set a target price of $9.0 on 05/12/2026
- Gregory Williams from TD Cowen set a target price of $12.0 on 05/12/2026
- Richard Choe from JP Morgan set a target price of $12.0 on 05/12/2026
- Brendan Lynch from Barclays set a target price of $11.0 on 04/16/2026
- Jonathan Atkin from RBC Capital set a target price of $7.5 on 04/13/2026
Full Release
- 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 growth
- 10% higher self-employment
-
14 -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.
Media Contact:
Megan Krtek
[email protected]
