Dahlonega achieves 'Gig-Ready Community' status with over 75% of homes having access to Kinetic's multi-gig internet service.
Quiver AI Summary
Kinetic, a prominent fiber internet provider, announced that Dahlonega has been designated as a 'Gig-Ready Community,' with over 75% of homes now able to access its high-speed, next-generation internet. This development enhances the digital infrastructure available to residents, significantly improving their internet experience by enabling better support for work, education, streaming, and telehealth activities. More than 13,000 homes in the area benefit from this service, with portions constructed using funding from the American Rescue Plan Act. Kinetic's investment is vital for fostering economic growth, as fiber-connected communities often experience notable increases in business growth and home values. The company continues to expand its network in Georgia and has been recognized nationally for its fiber performance, including being named CNET’s “2026 Best Rural Fiber Provider.” For more information, residents can check fiber availability by calling or visiting Kinetic's website.
Potential Positives
- More than 75% of homes in Dahlonega now have access to Kinetic’s high-speed, next-generation internet, enhancing overall digital infrastructure.
- Kinetic is recognized as a "Gig-Ready Community," contributing to improved technology access and better internet experiences for residents.
- Investment in Dahlonega’s fiber-optic network supports economic growth, education, telehealth, and work-from-home capabilities, with significant potential improvements in business and home values.
- Kinetic has received accolades, including being named CNET’s “2026 Best Rural Fiber Provider” and the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), highlighting its performance and reliability in the market.
Potential Negatives
- There is no mention of how much of the investment was supported by American Rescue Plan Act funding, which may raise questions about the sustainability of the improvements without continued government support.
- The press release does not provide any information on user adoption rates or customer satisfaction metrics beyond a single testimonial, leaving questions about the broader customer experience.
- While the press release touts technological advancements, it does not address any potential competing services in the area, possibly indicating a lack of market differentiation.
FAQ
What is a Gig-Ready Community?
A Gig-Ready Community, like Dahlonega, means that over 75% of homes have access to high-speed, next-generation internet.
How many homes in Dahlonega benefit from Kinetic’s internet?
More than 13,000 homes in Dahlonega now have access to Kinetic’s fiber-optic internet services.
What are the advantages of fiber internet for communities?
Fiber internet leads to higher business growth, increased self-employment, and boosts home values by 14-17%.
How can residents check fiber internet availability?
Residents can call 1-877-90-FIBER or visit www.gokinetic.com for fiber availability and construction updates.
What accolades has Kinetic received for their services?
Kinetic was named CNET’s 2026 Best Rural Fiber Provider and recognized as the 2026 Telecommunications Company of the Year.
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 $987.5M in Q1 2026. This is an increase of 235.99% from the same period in the prior year.
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$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
- 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 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 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.
Media Contact:
Megan Krtek
[email protected]
