This Hedge Fund Just Bought $32.8 Million in Fiber Infrastructure Stock

Diameter Capital Partners purchased 4.18 million shares of Uniti Group (UNIT) for approximately $32.78 million in Q1 2026, increasing its stake to 5.68 million shares (4.99% of AUM). The investment reflects confidence in fiber infrastructure demand driven by AI and data center expansion. Uniti reported strong Q1 bookings and 15% year-over-year fiber revenue growth, though the company faces capital intensity challenges with over $1 billion planned spending through 2029.

05/18/2026, 4:01 PM • The Motley Fool

Kinetic Named ‘2026 Telecommunications Company of the Year’ by the American Business Awards®

Kinetic, a fiber internet provider, received a Gold Stevie Award for 2026 Telecommunications Company of the Year from the American Business Awards. The company was recognized for its multi-billion-dollar investment in bringing high-speed fiber internet to rural and underserved communities, efforts to combat copper wire theft, and community Wi-Fi projects. Kinetic expects to reach 3.5 million homes and businesses by 2029 across its 18-state footprint.

04/24/2026, 8:00 AM • GlobeNewswire

Uniti Group Inc. Announces Pricing of Upsized Senior Notes Offering

Uniti Group Inc. announced the pricing of $1.0 billion aggregate principal amount of 8.625% senior notes due 2032, upsized from the initially planned $500 million offering. The notes will be issued at 100.25% and are expected to close on February 4, 2026. Net proceeds will be used to repay borrowings under Uniti Services' senior secured first lien term loan facility and for general corporate purposes.

01/21/2026, 6:00 PM • GlobeNewswire

Uniti Group Inc. Announces Pricing of $960.1 Million Kinetic Fiber Securitization Notes Offering

Uniti Group Inc. announced that its subsidiary Kinetic ABS Issuer LLC has priced $960.1 million in secured fiber network revenue term notes across three classes with rates ranging from 5.219% to 7.653%, expected to close January 30, 2026. The notes are secured by residential fiber network assets in Arkansas, Georgia, Kentucky, Ohio, and Texas. Uniti plans to use net proceeds for general corporate purposes, including capital expenditures and debt repayment.

01/15/2026, 5:30 PM • GlobeNewswire

Uniti Group Inc. Announces Pricing of $250 Million Fiber Securitization Notes Offering

Uniti Group has priced a $250 million secured fiber network revenue term notes offering, consisting of three note classes with varying interest rates, secured by fiber network assets across six southeastern U.S. states.

10/09/2025, 5:47 PM • GlobeNewswire

Kinetic Donates $7,500 to Support Ruidoso Community Beyond Recent Fiber Expansion

Kinetic, a fiber internet provider, donated $5,000 to Lincoln County Community Foundation and $2,500 to Lincoln County Foodbank to support Ruidoso's recovery from recent fires and floods. The company also launched a new fiber-optic network covering 8,000 locations, making Ruidoso a 'Gig-Ready' community.

09/29/2025, 10:00 AM • GlobeNewswire

Uniti Group Inc. Announces Pricing of Upsized Senior Notes Offering

Uniti Group's subsidiary Windstream Services has priced a $1.4 billion senior secured notes offering, upsized from $900 million, to refinance existing 2028 secured notes and support general corporate purposes.

09/25/2025, 5:25 PM • Benzinga

Kinetic Completes Future-Proof Fiber-Optic Network in Ruidoso

Kinetic has completed a fiber-optic network in Ruidoso, New Mexico, connecting 8,000 homes and businesses with high-speed internet through a public-private partnership, enhancing community connectivity and economic potential.

09/25/2025, 1:30 PM • Benzinga

Uniti Completes Merger with Windstream

Uniti Group has successfully completed its merger with Windstream, resulting in both companies becoming indirect, wholly owned subsidiaries. The merger involves stock conversion and plans to combine their debt structures under a single organizational framework.

08/01/2025, 4:59 PM • GlobeNewswire

Uniti and Windstream Obtain All Necessary Regulatory Approvals to Complete Merger

Uniti Group and Windstream have received final regulatory approvals to complete their merger, with the transaction expected to close after market close on August 1, 2025. The merger will result in Windstream Parent, Inc. being renamed 'Uniti Group Inc.' and listed on Nasdaq under the symbol 'UNIT'.

07/24/2025, 5:00 PM • Benzinga

Uniti and Windstream Obtain All Necessary Regulatory Approvals to Complete Merger

Uniti Group Inc. and Windstream have received final regulatory approval for their merger, with the transaction expected to close on August 1, 2025. The merger will create a premier fiber provider, with Uniti becoming a wholly owned subsidiary of Windstream Parent, Inc.

07/24/2025, 5:00 PM • GlobeNewswire