• T-Mobile acquires MetroNet

    From Telecom Digest Moderator@21:1/5 to All on Wed Jul 31 09:16:34 2024
    https://www.lightreading.com/finance/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.

    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 markets, Metronet delivers
    residential speeds up to 5 Gbit/s.

    The acquisition includes Metronet's broadband infrastructure,
    residential fiber business operations and existing customers.
    ...


    [Discussion: T-Mo appears to be expanding into FTTH ISP operations
    seriously, nominally providing some competition to Verizon and Comcast.
    But will they end up tacitly not-competing with each other by carving
    up geographies?]

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)