Kinetic appoints David Oliveira as new chief revenue officer

LITTLE ROCK, Ark. - Kinetic, a fiber internet provider, announced Tuesday that David Oliveira has joined the company as executive vice president and chief revenue officer. In this role, Oliveira will oversee Sales, Product, and Go-to-Market Operations across Kinetic’s Consumer and Business segments.

Oliveira brings more than 20 years of experience leading sales and product teams in the telecom and broadband industry. He previously served as senior vice president and head of Consumer Sales and Product at Frontier Communications and led sales operations for Verizon’s New York City market.

"I’m excited to be part of this insurgent team; ready to wake up every day obsessed with serving our customers," Oliveira said in the press release.

John Harrobin, president of Kinetic, expressed confidence in the new appointment, noting that Oliveira is "the perfect leader for this moment" as the company continues to build its fiber operation.

According to the announcement, Kinetic plans to expand its fiber service area to 3.5 million homes in the coming years. The company currently provides multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern and Northeastern U.S.

Kinetic operates as a business unit of Uniti (NASDAQ:UNIT), which describes itself as a provider of fiber services enabling connectivity across the United States. According to InvestingPro data, Uniti maintains impressive gross profit margins of 85% and has a healthy current ratio of 1.95, indicating strong operational efficiency. The company’s stock is currently trading near its 52-week low, suggesting potential value opportunity for investors interested in the telecommunications infrastructure sector.

The information in this article is based on a company press release. While analysts anticipate sales growth for Uniti in the current year, InvestingPro subscribers have access to 10+ additional exclusive insights about the company’s financial health and market position. Get access to comprehensive analysis and real-time updates with an InvestingPro subscription, including detailed Pro Research Reports that transform complex Wall Street data into actionable intelligence.

In other recent news, Uniti Group Inc. announced that its subsidiary, Windstream Services, LLC, has priced an offering of $1.4 billion in 7.50% Senior Secured Notes due 2033. This offering was upsized by $500 million from the previously announced $900 million. Additionally, Windstream Services commenced an offering of $900 million in senior secured notes and is pursuing up to $1.5 billion in incremental term loan borrowings under the legacy Windstream credit agreement. Kinetic, another subsidiary, completed a new fiber-optic network in Ruidoso, providing high-speed internet to approximately 8,000 homes and businesses. The company also received preliminary approval for $156.6 million in federal Broadband Equity Access and Deployment (BEAD) program grants to expand fiber connections in rural areas. Meanwhile, BofA Securities raised its price target for Uniti Group to $7.50 from $3.50, maintaining its Underperform rating. The revised target reflects a higher multiple applied to the company’s estimated adjusted EBITDA for 2026, influenced by fiber’s market potential and interest in fiber assets. These developments highlight Uniti Group’s ongoing financial and operational strategies.

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