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T-Mobile Expands Fiber Footprint With Metronet Acquisition
T-Mobile and investment firm KKR have formed a joint venture (JV) to acquire fiber service provider Metronet. From a report: The fiber provider reaches over 300 communities and more than 2 million homes in 17 states. Metronet is both a pure-play fiber company and independent FTTH operator. In some m...
T-Mobile and investment firm KKR have formed a joint venture (JV) to acquire fiber service provider Metronet. The acquisition includes Metronet's broadband infrastructure, residential fiber business operations and existing customers. After the close of the deal, Metronet, based in Evansville, Indiana, will transition to a wholesale service provider for its retail customers.
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