T-Mobile and KKR to broaden US fibre network with Metronet acquisition

T-Mobile and KKR announce strategic acquisition of Metronet to broaden U.S. fibre network

T-Mobile has entered into a joint venture (JV) with KKR to acquire Metronet in a move that will significantly expand T-Mobile's fibre footprint. Metronet, it's worth noting, is currently the fastest-growing pure-play fibre company in the US.

"This is a unique opportunity and a smart, capital-efficient deal that enables T-Mobile to profitably build on our success in broadband and provide fast, affordable, and reliable connectivity options to millions more customers nationwide as a...

25 July 2024 | Broadband

Telecom Italia approves €19B sale of fixed-line network to KKR

Telecom Italia (TIM) has given the green light to the €19 billion sale of its fixed-line network to US private equity firm KKR.

The move is particularly notable as TIM becomes the first major telecoms group in a European country to part ways with its landline grid.

Italy views this asset as nationally strategic. The country has been working diligently to bridge its digital divide with the rest of the European Union, making the sale a crucial step in its digital...

6 November 2023 | Broadband