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Kinetic Teams Up With eero to Deliver Next-Gen Secure Home Wi-Fi
Globenewswire· 2025-10-30 12:00
Core Insights - Kinetic has partnered with eero to offer Wi-Fi 7 technology, enhancing internet service for consumers [1][2][3] - The collaboration aims to position Kinetic as a competitor to traditional cable internet providers by delivering innovative and future-proof technology [2][5] Company Developments - Kinetic's new Kinetic Promise ensures technicians will not leave until Wi-Fi is operational in all areas of a customer's home [4] - The partnership with eero is expected to provide customers with reliable, high-performance internet, particularly beneficial for remote work, education, and telehealth [5][6] Product Features - eero Pro 7, utilizing Wi-Fi 7 technology, offers enhanced connectivity and is designed to support multiple devices seamlessly [3][5] - Kinetic customers can choose from two security plans with eero devices, providing options for parental controls and advanced security features [7][8] Market Positioning - Kinetic operates in 1,400 markets across 18 states, focusing on delivering multi-gigabit fiber internet and whole-home Wi-Fi solutions [9][10] - The partnership with eero is part of Kinetic's strategy to enhance customer experience and expand its footprint in the competitive internet service market [9]
Uniti Solutions Says New Research Highlights Vulnerabilities in Enterprises’ Data, Privacy Plans
Globenewswire· 2025-10-23 13:30
Core Insights - The 2025 Kinetic Digital Safety & Privacy Report highlights that employee inaction and digital fatigue significantly undermine enterprise cybersecurity efforts [2][4][8] - Companies are often unprepared for cybersecurity threats, relying on basic user-level security measures that are frequently neglected [4][5] Group 1: Employee Behavior and Cybersecurity - A significant portion of employees neglect basic security practices, with only 37% updating passwords regularly and 27% reading privacy policy updates [5] - Digital fatigue among employees leads to decreased vigilance, increasing the risk of cyber threats despite companies' robust cybersecurity measures [4][8] Group 2: Need for Enhanced Security Measures - Enterprises must implement more sophisticated security layers, such as managed network security services, to address growing digital threats [3][4] - The responsibility for cybersecurity often falls on resource-strapped IT departments, necessitating advanced solutions that do not solely depend on user actions [4][8] Group 3: Consumer Trust and Technology - Consumers in rural and suburban areas exhibit greater distrust towards emerging technologies like AI compared to urban counterparts, with 68% of rural respondents expressing unease [5] - Younger generations, particularly Gen Z, show more trust in AI compared to older generations, indicating a generational divide in technology acceptance [5] Group 4: Solutions Offered by Uniti Solutions - Uniti Solutions provides cloud-native and fully managed Secure Access Service Edge (SASE) and Security Service Edge (SSE) services, enabling businesses to enhance network performance and security [7] - The technology is supported by Uniti Solutions' Cyber Security Operations Center (CSOC), offering comprehensive protection against cyber threats [7]
Kinetic Report Reveals Concerns with Digital Safety, Especially Around Artificial Intelligence Advancements
Globenewswire· 2025-10-21 13:30
Core Insights - Kinetic's survey indicates a significant concern among consumers regarding digital safety and privacy, with 60% expressing unease due to economic uncertainty and advancements in AI [1][8] Consumer Confidence and Behavior - Only 22% of consumers feel confident in their digital security measures, while 77% are concerned about their online safety [2][8] - A majority, 67%, are more cautious with their personal data compared to previous times [2] Security Practices - A low percentage of consumers engage in proactive security measures, with only 37% updating passwords regularly and 27% reading privacy policy updates [3][4] - The lack of technical knowledge (37%), cost of tools (32%), and uncertainty on where to start (28%) hinder consumers from adopting better security practices [4] Digital Security Concerns - The primary digital security concerns include large data breaches (72%), storing personal data outside the U.S. (69%), and targeted advertising (64%) [8][9] - AI is a notable concern, especially among consumers in rural and suburban areas, where trust in AI is significantly lower compared to urban areas [5][8] Demographic Insights - Gen Z consumers show more trust in AI (29%) compared to older generations, with Millennials (20%), Gen X (13%), and Boomers (14%) being less trusting [5] Company Commitment - Kinetic aims to enhance digital security through advanced technology and a reliable fiber-optic network, addressing both current and future security needs for consumers [6][8]
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]