Kinetic announces over 75% of Hominy homes now access high-speed internet, enhancing connectivity and supporting economic growth.
Quiver AI Summary
Kinetic has announced that over 75% of homes in Hominy, Oklahoma, now have access to its high-speed, next-generation internet, earning the community the designation of a "Gig-Ready Community." This upgrade benefits more than 1,200 homes, enhancing their internet experience for activities such as work, education, streaming, and telehealth, which supports local economic growth. Kinetic's investment in fiber-optic infrastructure is crucial for improving connectivity, and research indicates that such communities can see significant business growth and increased home values. Kinetic has been recognized for its service quality and is committed to expanding its network further. Residents can check internet availability and updates through Kinetic’s customer service.
Potential Positives
- More than 75% of homes in Hominy now have access to Kinetic's high-speed, next-generation internet, enhancing digital infrastructure in the community.
- Over 1,200 homes are benefiting from improved internet connectivity, which supports work, education, streaming, and telehealth.
- Kinetic was named CNET’s “2026 Best Rural Fiber Provider,” highlighting the company's recognition for fiber performance and reliability.
- The investment in fiber connectivity is linked to significant potential economic benefits for the community, including higher business growth and increased home values.
Potential Negatives
- Potential concerns about the company’s long-term sustainability and network reliability, as the press release emphasizes the need for continued investment in infrastructure, which may suggest existing vulnerabilities.
- The press release does not address any challenges or competition the company may face, which could imply that those issues remain unacknowledged and unresolved.
- While highlighting successes, the absence of specific metrics on customer satisfaction or service outages could raise questions about the overall performance and reliability of the service provided.
FAQ
What is a Gig-Ready Community?
A Gig-Ready Community is an area where more than 75% of homes have access to high-speed, next-generation internet services.
How many homes in Hominy have access to Kinetic’s internet?
Over 1,200 homes in Hominy now have access to Kinetic’s fiber-optic internet services.
What benefits does Kinetic's internet provide to residents?
Kinetic's internet enhances work, education, streaming, and telehealth capabilities for residents in the community.
Why is fiber connectivity important for communities?
Fiber connectivity fosters economic growth, higher business success, and increased home values, essential for modern living.
How can residents find out about fiber availability?
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
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$UNIT Revenue
$UNIT had revenues of $909.7M in Q2 2026. This is an increase of 202.5% from the same period in the prior year.
You can track UNIT financials on Quiver Quantitative's UNIT stock page.
You can access data on UNIT stock through the Quiver Quantitative API.
$UNIT Hedge Fund Activity
We have seen 130 institutional investors add shares of $UNIT stock to their portfolio, and 111 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- 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
- BLACKROCK, INC. added 3,078,972 shares (+11.4%) to their portfolio in Q2 2026, for an estimated $35,315,808
- SEARCHLIGHT CAPITAL PARTNERS, L.P. removed 2,273,504 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $21,325,467
- LSV ASSET MANAGEMENT removed 1,455,045 shares (-82.3%) from their portfolio in Q2 2026, for an estimated $16,689,366
- PENN CAPITAL MANAGEMENT COMPANY, LLC removed 1,140,776 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $13,084,700
- STATE STREET CORP added 1,065,414 shares (+13.7%) to their portfolio in Q2 2026, for an estimated $12,220,298
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$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 $11.875.
Here are some recent targets:
- Brendan Lynch from Barclays set a target price of $13.0 on 07/01/2026
- 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
- Jonathan Atkin from RBC Capital set a target price of $7.5 on 04/13/2026
Full Release
- More than 75% of area homes now have access to Kinetic’s Multi-Gig, Next-Generation Internet
- 1,200 locations benefit from better internet experience supporting economic growth, telehealth, work, streaming
HOMINY, Okla., Aug. 12, 2026 (GLOBE NEWSWIRE) -- Kinetic, the leading insurgent residential and business fiber internet provider, announced today that Hominy is officially recognized as a Kinetic ‘Gig-Ready Community ,’ meaning more than 75% of the area’s homes 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 award-winning technology - at a better value - and an overall better internet experience to help enhance everyday life.
“The experience has been much better than with our previous provider. Great customer service and internet connectivity,” said Andrew Riddle, a Kinetic customer in Oklahoma.
To date, more than 1,200 homes in Hominy 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 fast and reliable connectivity that is essential for economic growth and opportunities. According to research , fiber-connected communities see meaningful gains, including:
“High-speed fiber plays a vital role in how people live, work, learn, and stay connected in today’s digital world,” said Stacy Hale, Kinetic’s state operations president. “That’s why we’re continuing to invest in our network and build more Gig-Ready communities like Hominy, giving more residents access to the reliable connectivity they need to grow, unlock new opportunities, and improve everyday life.”
Kinetic has been a long-term partner to Hominy and many other communities across Oklahoma. Kinetic was recently named CNET’s “2026 Best Rural Fiber Provider,” and the company’s continued local investment in the state builds on its national recognition for fiber performance and reliability.
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: 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 about Kinetic is available at gokinetic.com.
Media Contact:
Megan Krtek
[email protected]
