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...