Uniti Group Reports Record Fiber Infrastructure Bookings in Q2
In the second quarter of 2026, Uniti Group reported record fiber infrastructure bookings driven by demand from hyperscalers, neocloud providers, and AI-related connectivity needs. The company noted a nearly 30% increase compared to its previous high, with total fiber revenue up 10% year-over-year and fiber infrastructure revenue rising 6%. CEO Kenny Gunderman highlighted the growing importance of low-latency, high-bandwidth connections for AI applications such as automation and cybersecurity. Uniti also accelerated Kinetic's fiber expansion, passing an additional 141,000 homes and adding 38,000 net subscribers. The company raised its construction target to between 475,000–525,000 new homes by the end of 2026 and expects consumer fiber revenue in the range of $635 million–$655 million for the year. Uniti increased capital expenditures for Kinetic by $100 million to approximately $1.27 billion and plans to monetize between $500 million–$1 billion worth of non-core assets over 12–36 months.
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Topics: capital_expenditure fiber_infrastructure guidance_update revenue_growth