Kinetic Reaches 38,000 Fiber Homes in Concord
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Rhea-AI Summary
Kinetic (UNIT) expanded its greater Concord fiber network, passing more than 38,000 homes after adding locations over the past year.
The network grew by nearly 23% in the last year, with more than 7,800 new fiber locations added in the community. Kinetic fully funded the expansion and said it plans to add more locations. The Concord milestone follows Kinetic recently reaching 2 million homes passed with fiber internet across its 18-state footprint.
Positive
- Greater Concord fiber network grew by nearly 23% in the last year, adding more than 7,800 locations.
- More than 38,000 Concord homes are now passed by Kinetic's fiber network.
- 2 million homes were recently passed with fiber internet across Kinetic's 18-state footprint.
- Kinetic said it plans to add more fiber locations in the Concord area.
Negative
- Kinetic fully funded the Concord expansion, bearing the buildout cost itself.
Details
News Market Reaction – UNIT
On Sep 28, the day this news came out, UNIT closed 2.92% below the previous close. Our momentum scanner recorded 2 alerts in the available session data. That session’s volume was 2.1x the stock’s average daily volume.
Data tracked by StockTitan Argus for the Sep 28 session.
Key Figures
- Fiber network growth
- Nearly 23%
- Greater Concord area, in the last year
- New fiber locations
- More than 7,800
- Greater Concord area
- Homes passed
- More than 38,000
- Greater Concord area milestone
Historical Context
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Kinetic added more than 7,600 locations and surpassed 40,000 homes passed in Sugar Land.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
homes passed technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
- Expansion benefits families, remote work, gaming, streaming, agriculture, telehealth
- In celebration, Kinetic to host free community festivities Sept. 28 – Oct. 5
CHARLOTTE, N.C., Sept. 28, 2026 (GLOBE NEWSWIRE) -- Kinetic, the leading residential and business insurgent fiber internet provider, announced today that it increased its fiber network in the greater Concord area by nearly
Kinetic added more than 7,800 new fiber locations in the community, surpassing a major milestone of more than 38,000 homes passed. This expansion is fully funded by Kinetic and highlights the company’s commitment to this community and is a signal of future growth and opportunity across the region.
“Concord is a key market for Kinetic and an important link in the region’s growing technology corridor,” 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: Concord — a Free Community Celebration
To celebrate this milestone, Kinetic will host a week of free events for the community.
Planned week highlights
- Tuesday, Sept. 29: Kinetic employees will volunteer at the Sonshine Backpack Ministry, a nonprofit program that provides weekly food bags to school aged children that face food insecurities.
- Thursday, Oct. 1: Kinetic will host a free technology, internet and security course from 10:30 – 11:15 a.m. at the Kannapolis VFW Post 8989 for those who need a more hands-on experience with tech.
- Friday, Oct. 2: Concord Fiber Night Lights, where Kinetic will give away swag items at the Central Cabarrus vs Cox Mills high school football game starting at 7 p.m. While supplies last.
- Saturday, Oct. 3: Kinetic will have a booth at the Concord International Festival in Downtown Concord from noon to 6 p.m. Stop by for family fun and free swag items.
Why Kinetic’s fiber infrastructure matters to North Carolina
Fiber is the best technology for the long-term success of Concord’s communications needs. Research shows that fiber-connected communities experience
As a long-term partner to the Concord 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 North Carolina and is proud to serve its communities beyond internet connectivity. Kinetic’s fiber expansion milestone in Concord 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
uniti.kinetic.pr@uniti.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much did Kinetic's fiber network expand in greater Concord?
Kinetic's greater Concord fiber network grew by nearly 23% in the last year. It added more than 7,800 new fiber locations in the community, bringing the number of homes passed to more than 38,000.