Kinetic expands fiber internet access to 7,600 homes in North Carolina, enhancing connectivity for work, education, and entertainment.
Quiver AI Summary
Kinetic has announced a significant broadband expansion in North Carolina, set for Q4 2025, which will provide multi-gig fiber internet to an additional 7,600 homes across 40 communities. This initiative reflects Kinetic's commitment to enhancing digital connectivity for residents and businesses, supporting activities like remote work, streaming, and telehealth. Kinetic’s fiber network boasts 99.95% reliability and is expected to bolster economic growth in the fast-growing state. The expansion is partially funded by the U.S. Department of the Treasury, and Kinetic aims to improve customer experiences with upgraded services like Wi-Fi 7 and business-ready internet solutions. To date, over 176,000 homes in North Carolina have access to Kinetic’s services, and the company plans to continue its fiber network growth across the state.
Potential Positives
- Kinetic is expanding its fiber internet service to an additional 7,600 homes across 40 communities in North Carolina, enhancing connectivity for residents and businesses.
- The company boasts a high reliability rate of 99.95% for its fiber network, supporting essential activities like remote work, education, and telehealth.
- Kinetic has received federal funding to support this expansion, showcasing collaboration with government initiatives for improved internet access.
- Kinetic has been recognized as CNET’s Best Rural Fiber Internet Provider in 2026, validating its service quality and customer satisfaction in the broadband market.
Potential Negatives
- The press release includes a disclaimer about forward-looking statements, which indicates potential risks and uncertainties that could affect the company's plans and financial performance, potentially undermining investor confidence.
- It highlights the reliance on federal funding from the U.S. Department of the Treasury for expansion, which raises questions about the sustainability of growth without external support.
- Risks in the communications industry, such as competition and technological changes, are acknowledged, indicating that the company might face significant challenges in maintaining its market position.
FAQ
When will Kinetic's broadband expansion in North Carolina begin?
Kinetic's broadband expansion in North Carolina is set to begin in the fourth quarter of 2025.
How many homes will benefit from the new broadband expansion?
The expansion will benefit an additional 7,600 homes across 40 communities in North Carolina.
What technology will Kinetic provide with the expansion?
Kinetic will deliver multi-gig fiber internet, enhancing connectivity for remote work, gaming, streaming, and telehealth.
What is the reliability rate of Kinetic's fiber network?
Kinetic's fiber network boasts a reliability rate of 99.95%, ensuring dependable service for customers.
How can residents check Kinetic Fiber Internet availability?
Residents can check service availability at www.gokinetic.com or by calling 1-800-347-1991.
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.
$UNIT Revenue
$UNIT had revenues of $917.2M in Q4 2025. This is an increase of 212.7% from the same period in the prior year.
You can track UNIT financials on Quiver Quantitative's UNIT stock page.
$UNIT Hedge Fund Activity
We have seen 113 institutional investors add shares of $UNIT stock to their portfolio, and 131 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
- NOMURA HOLDINGS INC added 3,141,811 shares (+inf%) to their portfolio in Q4 2025, for an estimated $22,024,095
- SEARCHLIGHT CAPITAL PARTNERS, L.P. added 2,273,504 shares (+inf%) to their portfolio in Q4 2025, for an estimated $15,937,263
- KING STREET CAPITAL MANAGEMENT, L.P. removed 1,993,256 shares (-44.4%) from their portfolio in Q4 2025, for an estimated $13,972,724
- DIAMETER CAPITAL PARTNERS LP added 1,500,000 shares (+inf%) to their portfolio in Q4 2025, for an estimated $10,515,000
- PENN CAPITAL MANAGEMENT COMPANY, LLC added 1,268,710 shares (+inf%) to their portfolio in Q4 2025, for an estimated $8,893,657
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$UNIT Price Targets
Multiple analysts have issued price targets for $UNIT recently. We have seen 2 analysts offer price targets for $UNIT in the last 6 months, with a median target of $8.5.
Here are some recent targets:
- Michael Rollins from Citigroup set a target price of $9.0 on 03/09/2026
- Caleb Stein from Wells Fargo set a target price of $8.0 on 03/05/2026
Full Release
Rapid Q4 2025 expansion benefits communities, customers by enabling remote work, gaming, streaming, agriculture and telehealth
CONCORD, N.C., April 13, 2026 (GLOBE NEWSWIRE) -- Kinetic today announced a major broadband expansion in North Carolina, delivering multi-gig fiber internet to an additional 7,600 homes across 40 communities in the fourth quarter of 2025. The expansion highlights Kinetic’s commitment to delivering better technology, at a better value, for customers.
North Carolina is the third fastest-growing state in the U.S., and experts forecast a 2.6% increase in GDP in 2026. Kinetic’s fiber network, with 99.95% reliability, can help support this growth and enhance work, school, streaming, and everyday life.
“Kinetic has great friendly staff and awesome service. My representative is always available with any questions I may have. Love my Kinetic service,” said Pamela Osborne, a Kinetic customer in Matthews.
In the fourth quarter of 2025, Kinetic added fiber locations in Albemarle, Broadway, Concord, Granite Quarry, Hemby Bridge, Indian Trail, Kannapolis, Lexington, Morven, Pine Bluff, Sanford, Tryon, Wingate, and more. A portion of these locations were supported by funds awarded to the State of North Carolina by the U.S. Department of the Treasury.
To date, more than 176,000 homes and businesses across the Tar Heel 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 the foundation of a more productive digital future, and our investment in North Carolina gives residents and businesses the fast, reliable connectivity their daily routines depend on,” said Stacy Hale, Kinetic’s state operations president. “We’re focused on helping our customers make the most of their time online, and that starts with a connection they can count on.”
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 North Carolina 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 NC in 2026. With 11.2 million fiber strand miles and 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.
“Kinetic is investing today to expand multi-gig capability and stay ready for what’s next,” added Hale. “We remain committed to challenging the status quo for customers, understanding their specific needs, putting them first and helping them to live their best lives with fiber technology.”
Residents interested in Kinetic Fiber Internet can check service availability and construction updates at www.gokinetic.com or call 1-800-347-1991.
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.
Media Contact:
Megan Krtek
[email protected]
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 Promise ™ 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.