Today, we announced that T-Mobile is entering into a joint venture with KKR that will acquire pure play fiber company Metronet, including its broadband infrastructure, rapidly growing residential fiber business operations and existing customers. This unique partnership is complementary to T-Mobile’s existing 5G Home Internet solution and will help meet the ever-increasing consumer demand for higher-speed, reliable broadband offerings. Read more here: https://lnkd.in/eNhkt_Fy
What happens to non-residential retail customers? By making that distinction, will the JV be open to non-T-Mobile residential wholesalers?
Nice, it's about time T-mobile stepped into the fiber game.
This conglomerate needs to stop. No more consolidation. TMO has proven to have raised rates and experience has gone down hill. Not good for the consumer at all!
Oh wow.. I been trying to schedule a call with Metronet for the last 6 months for our business. I wonder if someone will come though on a follow-up with this change. I hope so! Feeling positive.
Will the existing 5G Home Internet solution be more affordable than FIOS ?
a very promising strategic and long-sighted move, including options to fiberize cell premises with the new assets incl. the BB infra.
WOW 😳
Exciting times!
So excited to see what the future holds. Two titans in the industry committing to a JV can only spell success. T-mobile with America's largest 5g network combining with the largest privately owned ISP in the country will be keeping competitors awake at night!!! Let's Goooooo Team!!!
Mobile Expert at T-Mobile
1moLet’s go KKKR!