STOCK TITAN

Kannapolis Now a ‘Gig-Ready’ Community from Kinetic’s Fiber-Optic Network Expansion

(Neutral)
(Very Positive)
Tags

Kinetic (NYSE:UNIT) announced Kannapolis, North Carolina is now a Kinetic “Gig-Ready Community”, with more than 75% of homes able to access its multi-gig, next-generation fiber internet. Over 19,000 locations can now use higher-speed connectivity supporting work, education, streaming and telehealth.

Kinetic highlighted research linking fiber connectivity to higher business growth, self-employment and home values, and noted it was recognized for the “most responsive internet speeds” in Kannapolis, 45% faster than Spectrum, and CNET’s “2026 Best Rural Fiber Provider.”

Loading...
Loading translation...

Positive

  • More than 75% of Kannapolis homes now have access to Kinetic fiber internet
  • Over 19,000 locations in Kannapolis can use multi-gig, next-generation internet
  • Named “most responsive internet speeds” in Kannapolis, 45% faster than Spectrum
  • Recognition as CNET’s “2026 Best Rural Fiber Provider”
  • Ongoing fiber network expansion across North Carolina, adding thousands of new connections

Negative

  • None.

News Market Reaction – UNIT

+2.62%
+2.62% Session close to close

In the May 20 session, UNIT gained 2.62%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement underscores Kinetic’s role in deepening UNIT’s fiber presence, designating Kannapo...
Analysis

This announcement underscores Kinetic’s role in deepening UNIT’s fiber presence, designating Kannapolis as a ‘Gig-Ready Community’ with more than 75% of homes having multi-gig access and roughly 19,000 locations served. The cited benefits for fiber-connected communities—higher business growth, self-employment and home values—echo earlier regional build-outs in Texas, Kentucky, North Carolina and Georgia. Investors may watch how these local expansions translate into revenue growth, margins and capital efficiency against recent regulatory filings and guidance.

Key Figures

Homes with access: More than 75% Locations benefited: 19,000 homes Business growth uplift: 213% higher +4 more
7 metrics
Homes with access More than 75% Share of Kannapolis homes with Kinetic multi-gig internet
Locations benefited 19,000 homes Kannapolis homes with access to Kinetic’s future-proof internet
Business growth uplift 213% higher Business growth in fiber-connected communities per cited research
Self-employment uplift 10% higher Self-employment in fiber-connected communities per cited research
Home value increase 14–17% Increase in home values in fiber-connected communities per research
Speed advantage 45% more responsive Kinetic internet responsiveness vs. Spectrum in Kannapolis
Gig-Ready coverage More than 75% Threshold for Kannapolis ‘Gig-Ready Community’ designation

Historical Context

5 past events · Latest: May 18 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 18 Dark fiber expansion Positive -2.3% New dark fiber and colocation agreements plus metro builds across key markets.
May 13 Texas fiber builds Positive +0.7% Q1 broadband expansion adding 9,000 Texas homes to multi-gig fiber.
May 13 Kentucky fiber builds Positive +0.7% 12,600 new fiber locations across 70+ Kentucky communities.
May 13 North Carolina builds Positive +0.7% 7,800 additional North Carolina homes gaining multi-gig fiber access.
May 13 Georgia fiber builds Positive +0.7% 20,000+ new Georgia homes and businesses added to multi-gig network.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent Kinetic fiber expansion headlines have generally seen modest positive price alignment, with one notable divergence on dark fiber/colocation news.

Recent Company History

Over the past weeks, UNIT news has focused on expanding Kinetic’s multi-gig fiber footprint across Texas, Kentucky, North Carolina and Georgia, plus new dark fiber and colocation builds in Jackson, Birmingham and Tulsa. These updates highlight a strategy centered on scaling fiber strand miles, homes passed and colocation capacity. Most expansion releases around May 13, 2026 coincided with small share gains, while the May 18 dark fiber/colocation announcement saw a mild decline, showing occasional divergence between infrastructure wins and near-term trading.

Key Terms

fiber-optic, multi-gig, telehealth
3 terms
fiber-optic technical
"Kinetic’s Fiber-Optic Network Expansion"
Fiber-optic describes cables and systems that send information as pulses of light through very thin strands of glass or plastic, rather than as electrical signals through metal wires. For investors it matters because fiber-optic networks support much higher speeds, longer distances and lower delay—like replacing a slow dirt road with a high-speed highway—so companies that build, own or use fiber can gain cost advantages, enable new services and generate steadier cash flows.
multi-gig technical
"access to Kinetic’s Multi-Gig, Next-Generation internet"
A "multi-gig" refers to a project or task that generates a large amount of income, often in the millions of dollars. For investors, it signals significant potential value or opportunity, similar to a large, lucrative deal or contract that can greatly impact overall earnings or company growth. Recognizing multi-gigs helps investors gauge the scale and importance of a business or industry opportunity.
telehealth medical
"supporting economic growth, telehealth, work, streaming"
Telehealth is the delivery of healthcare services and consultations remotely using video calls, phone, text messaging, or connected devices to monitor and transmit medical information. It matters to investors because it can reshape how patients access care, lower costs, and create new revenue streams or risks for healthcare providers, insurers and technology companies—similar to how online banking changed financial services—while also exposing businesses to reimbursement and regulatory shifts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
  • More than 75% of homes now have access to Kinetic’s Multi-Gig, Next-Generation internet
  • 19,000 locations benefit from better internet experience supporting economic growth, telehealth, work, streaming

KANNAPOLIS, N.C., May 20, 2026 (GLOBE NEWSWIRE) -- Kinetic, a leading residential and business fiber internet provider, announced today that Kannapolis 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.

“We are very happy and pleased with our service. The [Kinetic] technicians who did our install were amazing and very knowledgeable. We highly recommend Kinetic’s services to anyone. So much better than our last services ever was,” said Kimberly Zeback, a Kinetic customer in Kannapolis.

More than 19,000 homes in Kannapolis have access to Kinetic’s future-proof internet to better support work, education, streaming, and telehealth. A portion of these locations were supported by funds awarded to the State of North Carolina by the U.S. Department of the Treasury.

Kinetic was also recently awarded as having the “most responsive internet speeds” in Kannapolis, besting Spectrum by 45%.*

Kinetic’s continued investment in Kannapolis’ 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 Kannapolis residents now have the opportunity to internet better with faster speeds, more reliability, and enhanced service.”

Kinetic has been a long-term partner to Kannapolis and many other communities across North Carolina. 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 Tar Heel 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. 

*Based on Ookla® Speedtest Intelligence® data, Kannapolis, NC 2H 2025. All rights reserved.

Media Contact:
Megan Krtek
uniti.kinetic.pr@uniti.com


FAQ

What does Kinetic’s Gig-Ready Community milestone mean for Kannapolis and UNIT shareholders?

The Gig-Ready designation means over 75% of Kannapolis homes can access Kinetic fiber. According to Kinetic, this expanded coverage supports remote work, streaming, education and telehealth, potentially strengthening customer growth and network utilization for the broader Kinetic (NYSE:UNIT) platform.

How many Kannapolis homes now have access to Kinetic fiber internet (NYSE:UNIT)?

More than 19,000 homes in Kannapolis now have access to Kinetic fiber internet. According to Kinetic, this coverage enables multi-gig speeds and a more reliable connection for everyday online activities, including work-from-home, virtual learning, entertainment and telehealth services.

How does Kinetic’s internet performance in Kannapolis compare to Spectrum?

Kinetic was recently awarded for having the most responsive internet speeds in Kannapolis. According to Kinetic, its responsiveness bested Spectrum by 45%, highlighting performance advantages that may influence customer choice and support subscriber gains in this competitive local broadband market.

What are the potential community benefits of Kinetic’s fiber build in Kannapolis?

Fiber connectivity can support higher business growth, self-employment and home values. According to Kinetic, research indicates fiber-connected communities may see 213% higher business growth, 10% higher self-employment, and a 14–17% increase in home values over time.

How is Kinetic (NYSE:UNIT) expanding its fiber network across North Carolina?

Kinetic continues to expand its fiber network throughout North Carolina beyond Kannapolis. According to Kinetic, the company is building connections to thousands more homes, businesses and apartments statewide, supported in part by state funding from U.S. Department of the Treasury awards.

What recent awards has Kinetic received for its fiber internet services?

Kinetic earned recognition as CNET’s 2026 Best Rural Fiber Provider and for Kannapolis’ most responsive internet speeds. According to Kinetic, these awards reflect performance and reliability achievements that may enhance brand perception and support marketing efforts in existing and new markets.

How can Kannapolis residents check availability of Kinetic fiber internet?

Residents can check Kinetic fiber availability or construction updates by phone or online. According to Kinetic, customers may call 1-877-90-FIBER (877-903-4237) or visit www.gokinetic.com to confirm service options and sign up for multi-gig, next-generation internet plans.