StockNews.AI
UNIT
StockNews.AI
12 hrs

Gatton Park Officially Open with Free Kinetic Wi-Fi

1. Kinetic launched free Wi-Fi at Gatton Park, committing $1 million over 10 years. 2. Phase 1 provides Wi-Fi to key park areas, with Phase 2 to cover entire park. 3. Installation enhances Gatton Park as a cultural and technological hub for Lexington. 4. Approximately 1.7 million households served by Kinetic's fiber internet across 18 states.

4m saved
Insight
Article

FAQ

Why Bullish?

The strategic investment in Wi-Fi positions UNIT favorably within the fiber internet market, similar to successful expansions by Verizon and Comcast in urban areas.

How important is it?

The article reflects direct investment and brand visibility for Kinetic, a UNIT brand, reinforcing UNIT's market position.

Why Long Term?

The enduring nature of the investment (10 years) supports sustained revenue growth over time.

Related Companies

VZCMCSA
Complimentary Kinetic Wi-Fi launched at the Aug. 23 grand opening Kinetic’s free Wi-Fi represents a $1 million, 10-year commitment LEXINGTON, Ky., Aug. 27, 2025 (GLOBE NEWSWIRE) -- The grand opening of Gatton Park on the Town Branch was celebrated Aug. 23, marking a significant milestone for the city of Lexington. The festivities included events for the whole family and the introduction of Kinetic’s $1 million, 10-year sponsorship of complimentary high-speed Wi-Fi throughout the park. Kinetic's free Wi-Fi service positions Gatton Park as one of the most digitally connected outdoor spaces in the region, offering visitors uninterrupted connectivity while they enjoy the park's amenities. "By bringing Kinetic Wi-Fi to Gatton Park, we’re helping make sure that people can work, learn, and connect—whether they’re attending an event or show, taking a lunch break, or enjoying the trails," said Stephanie Bell, vice president of State Government Affairs for Kinetic in Kentucky. “Kinetic is proud to ensure this park has the connectivity to anchor where art, history, and technology converge.” Gatton Park has transformed into a vibrant cultural hub, reflecting Lexington as both a connected community and a center for innovation. This new downtown green space seamlessly integrates community, nature, and technology, providing a welcoming environment for families, students, and professionals alike, with connectivity and enhanced features made possible by park-wide Wi-Fi. “With Phase 1 of Wi-Fi installation complete, visitors are able to enjoy events and performances while staying connected through the free Wi-Fi provided by Kinetic,” said Jason Dudley, Kentucky director of Operations for Kinetic. “A dedicated team of technicians has been identified to maintain the Wi-Fi technology, guaranteeing reliable and high-quality connectivity throughout the 10-acre park as we complete Phase 2 to all areas of the park.” Phase 1 of the park’s fiber installation project, completed earlier this month, provides complimentary Wi-Fi to the CommonSpirit Health Stage and the amphitheater. Phase 2, which will cover the rest of the park, is expected to be complete by the end of 2025. About Kinetic Kinetic, a Uniti (NASDAQ: UNIT) brand, builds and provides multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services reaching approximately 1.7 million fiber households in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern and Northeastern U.S. Additional information about Kinetic is available at gokinetic.com. Engage with us across social media at @GoKineticFiber. Contact: Victoria CarmanVictoria.carman@uniti.com

Related News