NasdaqGS:UNITTelecom
Uniti Group (UNIT) Jumps 7.8% After Major Rural Fiber Grant and Post-Windstream Expansion Plans
Kinetic, a business unit of Uniti, recently announced it is accelerating fiber broadband build plans across all 18 states after completing its merger with Windstream in August 2025, establishing Uniti as a key fiber provider focused on mission-critical connectivity.
The company also revealed it has received preliminary approval for US$156.6 million in federal BEAD grants to deliver multi-gigabit fiber to roughly 52,000 rural locations, including nearly 50,000 in Georgia, underscoring its...