Kinetic expands fiber internet in Broken Arrow, enhancing connectivity and hosting community celebrations from July 20-26.
Quiver AI Summary
Kinetic has reached a major milestone by installing over 35,000 new fiber internet locations in Broken Arrow, enhancing internet access for residents and reinforcing its commitment to the community. To celebrate this achievement, Kinetic is hosting a week of free events from July 20-26, including community service activities, free treats from local businesses, a gaming event, and a movie night featuring "Moana." The company emphasizes the benefits of fiber connectivity, including increased business growth, home values, and sustainability. With this expansion, which is part of its broader goal of reaching 2 million homes with fiber internet across 18 states, Kinetic aims to support the local economy and provide long-term connectivity solutions.
Potential Positives
- Kinetic installed over 35,000 new fiber locations in Broken Arrow, enhancing internet service access and experience for the community.
- The company hosts free community events to celebrate this milestone, demonstrating its commitment to community engagement and support.
- Kinetic's fiber expansion is linked to significant economic benefits for the community, including increased business growth and property values.
- Recognized as CNET’s Best Rural Fiber Internet Provider in 2026 and named Telecommunications Company of the Year, enhancing its reputation and credibility in the industry.
Potential Negatives
- The press release focuses heavily on community engagement and new fiber installations, which may suggest that the company is addressing previous criticisms regarding service availability and performance improvements.
- The mention of a significant milestone may imply that prior expansion efforts were lacking or that growth has been slower than anticipated.
- The need to celebrate this milestone with extensive local events could indicate that Kinetic is attempting to rebuild trust and foster goodwill after potential dissatisfaction in the community.
FAQ
What is the recent milestone achieved by Kinetic in Broken Arrow?
Kinetic has installed over 35,000 new fiber locations in Broken Arrow, enhancing internet access for residents.
Why is fiber internet important for communities?
Fiber technology supports business growth, improves self-employment rates, and increases home values, promoting long-term community success.
What events are being held to celebrate Kinetic's milestone?
Kinetic will host free events including movie nights, gaming events, and local restaurant collaborations from July 20-26.
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 recognition has Kinetic received recently?
Kinetic was named CNET's Best Rural Fiber Internet Provider and 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
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 $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.
You can access data on UNIT stock through the Quiver Quantitative API.
$UNIT Hedge Fund Activity
We have seen 111 institutional investors add shares of $UNIT stock to their portfolio, and 90 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
- 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
- BW GESTAO DE INVESTIMENTOS LTDA. added 1,028,818 shares (+inf%) to their portfolio in Q1 2026, for an estimated $9,650,312
- SG AMERICAS SECURITIES, LLC removed 914,764 shares (-91.9%) from their portfolio in Q1 2026, for an estimated $8,580,486
- LSV ASSET MANAGEMENT removed 803,864 shares (-31.3%) from their portfolio in Q1 2026, for an estimated $7,540,244
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
- Fiber expansion benefits communities, remote work, gaming, streaming, agriculture, telehealth
-
In 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.
Media Contact
Victoria Carman
[email protected]
