Uniti Group (UNIT) Accelerates 2026 Expansion With FastWaves Launch Program

Uniti Group Inc. (NASDAQ:UNIT) is one of the 10 Best Stocks to Buy According to Elliott Investment Management.

Uniti Group (UNIT) Accelerates 2026 Expansion With FastWaves Launch Program

Uniti Wholesale, a dedicated business unit of Uniti Group Inc. (NASDAQ:UNIT) announced on February 18, 2026, that it has accelerated its 2026 expansion by adding data center on-ramps and launching FastWaves™. With this pre-deployed optical program, the 100G and 400G wavelength service delivery is reduced to under three weeks, thereby strengthening the company’s infrastructure support for carriers and hyperscalers across critical U.S. routes.

Prior to this, on January 30, 2026, Uniti Group Inc. (NASDAQ:UNIT) completed a $960.1 million private offering of secured fiber network revenue term notes through its bankruptcy-remote, special-purpose subsidiary, Kinetic ABS Issuer LLC. The anticipated due date is February 2031. The company’s Senior Executive Vice President, Chief Financial Officer & Treasurer, Paul Bullington, stated that these notes will have a positive effect on their fiber buildouts and balance sheet.

This transaction, combined with our prior securitization offerings at Uniti Fiber, provides capital to help fund our fiber buildouts and strengthen our balance sheet at a very attractive cost.

Uniti Group Inc. (NASDAQ:UNIT), founded in 2014, is a leading real estate investment trust (REIT) focused on communications infrastructure. The Arkansas-based company owns and operates a massive network across the U.S.

While we acknowledge the risk and potential of UNIT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than UNIT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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