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Uniti Solutions Says New Research Highlights Vulnerabilities in Enterprises’ Data, Privacy Plans
Globenewswire· 2025-10-23 13:30
Digital fatigue amongst employees creates an Enterprise occupational hazardEmployees, consumers remiss in basic security, forcing IT to add layers of complexity LITTLE ROCK, Ark., Oct. 23, 2025 (GLOBE NEWSWIRE) -- New research from Uniti’s award-winning residential and business internet business segment Kinetic Business shows the impacts “fatigue” can have on enterprises, revealing businesses may be less prepared than they think as they face consistent challenges in protecting their companies. A culprit: e ...
Kinetic Report Reveals Concerns with Digital Safety, Especially Around Artificial Intelligence Advancements
Globenewswire· 2025-10-21 13:30
Kinetic Digital Safety & Privacy Report: Only 22% feel confident in their digital security measures while 77% are concerned with their internet safety60% feel unsafe online due to today’s global climate and the rise of artificial intelligence, driving more caution with personal data, especially in rural areasTop digital security concerns: Large data breaches (72%), storing personal data outside of the U.S. (69%), targeted advertising (64%), AI (61%), and economic uncertainty (51%) CHARLOTTE, N.C., Oct. 21, ...
Uniti Wholesale Expands at MDC San Diego to Boost Cross‑Border Connectivity
Globenewswire· 2025-10-20 13:30
Core Insights - Uniti Wholesale is expanding its presence on the West Coast with a new data center at MDC San Diego, enhancing connectivity between the U.S. and Mexico's digital economies [1][3] - The integration of Uniti's Intelligent Converged Optical Network (ICON) with MDC's Actively Neutral™ platform will provide customers with scalable Ethernet services and high-capacity wavelengths [1][4] - This expansion aims to improve cross-border connectivity, offering diverse and resilient pathways for U.S.-Mexico traffic [4][5] Company Expansion - Uniti Wholesale's entry into MDC San Diego is a strategic move to meet the growing demand for high-capacity transport between Southern California and Baja California [4] - The new data center is positioned near key border crossings, facilitating substantial traffic from western Mexico and the Baja Peninsula [3] - Services at MDC San Diego are immediately available for qualifying customers, with tailored designs and service quotes offered for cross-border requirements [6] Infrastructure and Technology - MDC San Diego is the first 100% carrier-neutral border-crossing data center in Southern California, enhancing the value of MDC's BorderConnect Platform™ [3][9] - The ICON Network's integration at MDC San Diego provides customers with diverse, resilient long-haul pathways optimized for performance [4][5] - Uniti Wholesale's network supports connections to key U.S. data centers and international access points, linking Central America to Europe [4]
New Report Reveals Consumers’ Distrust of Public WiFi, Highlights Need for Secure Business Networks
Globenewswire· 2025-10-16 13:30
Core Insights - A significant concern exists among consumers regarding online safety when using free public WiFi networks, indicating a demand for more secure networks in these locations [1][6][8] Consumer Sentiment - The Kinetic Business Digital Safety & Privacy report revealed that 57% of consumers feel unsafe using public or business WiFi, while only 17% feel safe, with 24% remaining neutral [2][9] - 77% of consumers express concern about their internet safety, with 60% feeling unsafe online due to current economic conditions and the rise of artificial intelligence [7][8] Data Handling Perception - Consumers' sense of safety is closely linked to their perceived control and accountability over their personal data, with trust diminishing when they feel powerless regarding data collection and usage [4][5] - Familiar and regulated entities, such as healthcare and financial institutions, are viewed as safer for handling personal data compared to distant third-party companies [5] Business Implications - The report emphasizes the necessity for businesses to implement secure guest WiFi networks and enhance transparency around data collection practices to build consumer trust [3][6][8] - As two-thirds of consumers (67%) report being more cautious with their personal data, increased customer education and awareness are essential to address public perception [3][6]
Uniti Group Inc. Announces Pricing of $250 Million Fiber Securitization Notes Offering
Globenewswire· 2025-10-09 21:47
Core Viewpoint - Uniti Group Inc. has announced the pricing of a $250 million offering of secured fiber network revenue term notes, bringing its total Asset-Backed Securities (ABS) program issuance to $839 million [1][2]. Group 1: Offering Details - The offering consists of three classes of term notes: $180 million in 5.177% Series 2025-2 Class A-2 notes, $28.2 million in 5.621% Series 2025-2 Class B notes, and $41.8 million in 7.834% Series 2025-2 Class C notes, with a weighted average coupon rate of approximately 5.671% [2][3]. - The notes will be secured by certain fiber network assets and related customer contracts in Alabama, Florida, Georgia, Louisiana, Mississippi, and South Carolina, with an anticipated repayment date in January 2031 [2][3]. Group 2: Use of Proceeds - The net proceeds from the offering are intended for general corporate purposes, which may include success-based capital expenditures and/or repayment of outstanding debt [4]. Group 3: Additional Financial Arrangements - In connection with the closing of the offering, the issuers expect to enter into a commitment for a $75 million variable funding note facility with a delayed draw feature, subject to leverage tests and other customary drawing conditions [3].
Uniti Group Inc. to Participate at the Deutsche Bank 33rd Annual Leveraged Finance Conference
Globenewswire· 2025-10-09 20:15
Core Insights - Uniti Group Inc. announced participation in the Deutsche Bank 33rd Annual Leveraged Finance Conference on October 14, 2025, with CFO Paul Bullington and Kinetic President John Harrobin attending [1] Company Overview - Uniti is a premier insurgent fiber provider focused on enabling mission-critical connectivity across the United States, serving over a million consumers and businesses [2] - The company operates under various brands, including Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions [2]
FCP PROVIDES $47.1 MILLION IN CAPITAL FOR 553-UNIT, GROCERY-ANCHORED, LUXURY APARTMENTS IN ARLINGTON, VA
Prnewswire· 2025-10-09 13:16
Core Insights - FCP® has provided $47.1 million in capital for the construction of a mixed-use development featuring 553 luxury apartments and a grocery store in Ballston, Virginia [1][2] - The project, named Mira and Ador, is being developed by Insight Property Group in partnership with PGIM's real estate business [1][2] - The development aims to enhance the residential and retail landscape of Ballston, providing exceptional access to amenities and transportation [2] Financial Details - The total investment for the project includes a preferred equity investment arranged by Berkadia DC Metro and a senior loan arranged by Cushman & Wakefield [3] - FCP has invested over $14.6 billion in gross asset value since its inception in 1999, focusing on both commercial and residential assets [4] Project Specifications - Mira and Ador will consist of two 16-story towers, with 12 units designated as affordable at 80% of AMI [2] - The buildings are designed to meet LEED Gold certification standards and will offer unique amenities tailored to different resident experiences [2] Developer and Partners - Insight Property Group has unlocked over $2.0 billion in investment opportunities since its founding in 2009, focusing on multifamily and mixed-use properties in the D.C. area [5] - PGIM, managing over $1.44 trillion in assets, is the third-largest real estate investment manager globally, with a strong focus on delivering diverse investment strategies [8]
Uniti Group launches $250M fiber network secured notes offering (NASDAQ:UNIT)
Seeking Alpha· 2025-10-06 13:18
Group 1 - The article does not provide any specific content or key points related to a company or industry [1]
Kinetic Completes $3 Million Fiber Internet Expansion in China Grove
Globenewswire· 2025-10-02 13:30
Core Insights - Kinetic has completed a $3 million fiber network expansion project in China Grove, providing multi-gig internet speeds to an additional 3,060 locations [1][2] - The project aims to enhance connectivity, support local economic growth, and improve the quality of life for residents [3][4] Company Commitment - The project was fully funded by Kinetic, highlighting the company's dedication to high-quality connectivity [2] - Kinetic emphasizes its role as a long-term partner in the community, aiming to create digital equity and bridge the digital divide [5] Economic Impact - Communities with fiber internet experience significant benefits, including 213% higher business growth, 10% higher self-employment rates, and a 14-17% increase in home values [4] - The expansion is expected to bolster local businesses, enhance educational opportunities, and improve access to telehealth services [5][9] Service and Customer Engagement - Kinetic is committed to customer satisfaction, actively monitoring service performance and encouraging user feedback for improvements [6] - The company is also hiring in the communities it serves, indicating growth and investment in local employment [6] Community Recognition - China Grove is now recognized as a 'Gig-Ready' community, with over 75% of the town having access to Kinetic's Next Generation Gigabit Internet [3]
Uniti Group Inc. To Report Third Quarter 2025 Financial Results and Host Conference Call
Globenewswire· 2025-09-30 20:15
Core Points - Uniti Group Inc. will report its third quarter 2025 financial results on November 4, 2025, before the market opens [1] - A conference call to discuss the earnings will take place on the same day at 8:30 AM Eastern Time [1] - The conference call will be available via live webcast on Uniti's Investor Relations website [2] Company Overview - Uniti is a leading fiber provider in the United States, focused on delivering mission-critical connectivity [3] - The company serves over a million consumers and businesses, offering a range of fast and reliable communication services [3] - Uniti operates under several brands, including Uniti Wholesale, Kinetic, Uniti Fiber, and Uniti Solutions [3]