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Kinetic Completes $3 Million Fiber Internet Expansion in China Grove

1. Kinetic expands fiber network in China Grove, adding 3,060 new connections. 2. The $3 million project enhances local economy and digital equity. 3. China Grove is now a 'Gig-Ready' community with high-speed internet. 4. Fiber internet boosts business growth and home values significantly. 5. Kinetic emphasizes user satisfaction and is actively hiring locally.

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Why Bullish?

The expansion projects signal strong investment and revenue potential for UNIT. Historical data shows significant stock price increases following similar infrastructure announcements by Kinetic.

How important is it?

The article highlights substantial ongoing investments and expansions, crucial for UNIT's long-term growth and market positioning.

Why Long Term?

The project will likely boost community engagement and revenues over time, similar to past expansions elsewhere that enhanced UNIT's market position and earnings.

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October 02, 2025 09:30 ET  | Source: Uniti Group Inc. Project brings reliable high-speed connectivity to an additional 3,060 households and businessesFiber benefits community in remote work, gaming, streaming, agriculture and telehealth CHARLOTTE, N.C., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Kinetic, a leading residential and business fiber internet provider, announced the completion of a multimillion-dollar fiber network expansion project in China Grove, bringing multi-gig internet speeds to an additional 3,060 locations across the area. The $3 million project was funded entirely by a private capital investment from Kinetic, underscoring the company’s commitment to delivering the fastest, highest-quality connectivity to the communities it serves. “We are proud to bring fiber internet and multi-gig speeds to more homes and businesses in China Grove,” said Stacy Hale, president of Kinetic’s North Carolina operations. “We are a long-term, invested partner in this community, and we look forward to how faster connectivity will help grow the economy, open up new opportunities, and enhance the daily lives of all residents.” Kinetic’s newly placed fiber-optic cables, paired with its already existing fiber network in China Grove, brings high-speed internet to the majority of the town. As a result, China Grove is now officially recognized as a Kinetic ‘Gig-Ready’ community, meaning more than 75% of the town has access to Kinetic’s Next Generation Gigabit Internet. High-speed internet is a necessity in today’s world, facilitating remote work, bolstering local businesses, enhancing educational opportunities, and improving access to telehealth services. Research says that communities with fiber experience 213% higher business growth, 10% higher self-employment and 14-17% increase in home values. “This project helps create digital equity and bridge the digital divide, offering individuals and communities better access to the internet. Our fiber-optic network is designed to offer speeds that enhance daily life, better support remote work, bolster local businesses, enhance educational opportunities, improve access to telehealth services, and more,” said Hale. Kinetic is committed to ensuring customer satisfaction and will actively monitor service performance while encouraging user feedback to make any necessary adjustments and improvements. Kinetic is also actively hiring in the communities it serves; for a list of current openings, visit https://careers.uniti.com/. Residents interested in switching to Kinetic fiber internet and current customers who are interested in multi-gig capable speeds are encouraged to contact Kinetic at 1-800-347-1991 or visit www.gokinetic.com. About Kinetic: Kinetic, a business unit of Uniti (NASDAQ: UNIT), 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 about Kinetic is available at gokinetic.com. Media Contact: Megan KrtekMegan.krtek@uniti.com

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