Metronet announced today that it has expanded its 100% fiber-optic network to three million homes and businesses – a first among dedicated fiber providers and a milestone in the two-decade shift toward faster, more reliable all-fiber connectivity across the U.S.
Today’s achievement follows the July announcement that Metronet was acquired by a joint venture of T-Mobile and KKR. Under its new ownership, Metronet evolved into a wholesale builder and operator of fiber-optic networks used by T-Mobile Fiber for residential customers and microbusinesses and by Metronet itself for commercial customers.
“Metronet has built the strongest construction capacity in the industry, bringing world-class digital infrastructure to new cities at a pace that is unparalleled among pure-play fiber builders,” said Dave Heimbach, Metronet’s CEO. “I’m so proud of our team – but we’re just getting started. Through our partnership with T-Mobile Fiber, Metronet will be bringing its award-winning, multi-Gig internet service to millions more Americans.”
The speed of Metronet’s network-expansion efforts continues to accelerate. The company reached its first one million locations 17 years after its founding. It took just two more years to reach two million, and then a little more than one year to surpass three million.
To complement its organic growth, Metronet is making strategic acquisitions. In September, the company closed on the purchase of Minneapolis-based fiber ISP US Internet, Metronet’s seventh acquisition in seven years.
In total, Metronet’s fiber network now serves more than 300 communities across 19 states, with additional state launches to be announced soon. Cities interested in having Metronet explore the construction of a fiber-optic network can visit metronet.com/gigabit-city.
“Metronet’s end-to-end fiber enables multi-Gig symmetric speeds and very low latency, and it is engineered to expand to individual consumer speeds exceeding 10G service over the next decade,” said Craig Cowden, Metronet’s chief technology officer.
About Metronet:
Metronet, the nation’s fastest-growing fiber-to-the-home builder, is now owned by a joint venture of T-Mobile, America’s 5G leader, and KKR, the global investment firm. The company operates its 100% fiber optic networks on a commercial and wholesale basis, with T-Mobile Fiber providing marketing, sales and the customer experience for residential users. In cities across the country, Metronet has been building and operating fiber networks since 2005. Today, more than three million homes and businesses in more than 300 communities across 19 states have access to Metronet fiber, with new communities added each month. More information on the company can be found at metronet.com.
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Contacts
Erica Mastropierro
media@metronet.com
573.258.8247
