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Uniti Fiber Partners with New Orleans Saints
Uniti Fiber and the New Orleans Saints announced a partnership to provide scalable, high-capacity fiber connectivity supporting critical business operations, venue systems and connected experiences across the Saints organization, including periods of elevated demand. As sports and entertainment venues increasingly depend on reliable, high-capacity networks to power everything from gameday operations to business applications, Uniti Fiber will help support connectivity across Caesars Superdome and other Saints facilities. The relationship is designed to strengthen operational resilience, improve continuity for critical systems and enable the connected experiences fans, employees, partners and guests expect on gameday and throughout the year.
Kinetic Signs Strategic Partnership with STL Optical Connectivity
Kinetic announced its strategic partnership with STL Optical Connectivity. The partnership strengthens Kinetic's access to international supply chain resources, innovative fiber deployment technology, and a proven global innovation partner to support the company's U.S. fiber build program. The relationship also underscores Kinetic's commitment to continuously enhancing its customer experience. Kinetic is now deploying STL's future ready fiber cable assembly solution, known internally to Kinetic as 'Kinetic QuickConnect', across its footprint to simplify and speed fiber construction, as well as improve build consistency and quality. The solution's connectorized, plug-and-play design combines cable assemblies, enclosures, and cassettes into one system to better support faster, more reliable aerial and buried fiber builds.
Company Raises FY26 Adjusted EBITDA Outlook to $1.45B-$1.5B
Consensus $3.63B. Raises FY26 adjusted EBITDA view to $1.45B-$1.5B from $1.43B-$1.48B. The company said, "The Company is updating its 2026 outlook primarily for business unit level revisions, the recently completed Kinetic asset securitization, and transaction related and other costs incurred to date.'
Uniti Reports Q2 Revenue of $909.7M, Beating Expectations
Reports Q2 revenue $909.7M, consensus $887.02M. "We had a record-breaking quarter at Uniti on several fronts, highlighted by our highest level of new bookings MRR at Fiber Infrastructure of $2.2 million, an almost 30% increase from the previously highest reported level. Our robust bookings continue to be fueled by the strong demand we are seeing from hyperscalers and neocloud providers for both dark and lit wave solutions. At Kinetic, we saw the most consumer fiber net adds and fiber premises constructed ever on record, reinforcing the significant progress we are making on our fiber-to-the-home build while remaining on track to pass 3.5 million homes with fiber by the end of 2029. With respect to our balance sheet, we continue to be active in the asset securitization market with our recently completed $1.1 billion transaction at Kinetic. To date, we have successfully raised almost $3 billion through asset securitizations. While we expect to continue to be active in this market, we will also take a balanced approach to raising capital through traditional debt markets and/or monetizing non-core assets," commented Kenny Gunderman, President and Chief Executive Officer of Uniti.
Uniti Wholesale Expands Infrastructure and Customer Agreements
Uniti Wholesale announced a series of strategic infrastructure expansions and new customer agreements, further strengthening its position as a premier infrastructure partner for hyperscale and neo-cloud providers. Strategic Market Highlights: Jackson, Miss.: signed new metro dark fiber agreements representing 4,313 contracted fiber miles, including an expanded award from a major hyperscaler and a neo-cloud provider. These agreements demonstrate Uniti's ability to capture additional demand and drive incremental growth from infrastructure deployed in 2024. Birmingham, Ala.: initiated a new 69-route-mile metro build featuring high-count fiber and multiple conduits, further expanding Uniti's network investments in Alabama alongside existing builds in Huntsville and Montgomery. Tulsa, Okla.: secured a new 50-rack colocation agreement, further advancing Uniti's market expansion and supporting its previously announced ultra-high-capacity routes connecting Tulsa to Dallas and Amarillo. In parallel, Uniti is building a metro-ring between its long-haul POPs to enhance connectivity and support future growth.
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