Telecom Lead has an interesting perspective on the US Internet acquisition…
Metronet announced the acquisition of US Internet, a fiber company providing internet services to residential and business customers in Minneapolis, following Metronet’s acquisition by a joint venture between T-Mobile and KKR. Financial details of the deal were not disclosed. US Internet operates a fiber network offering symmetrical speeds up to 10 Gbps and currently reaches more than 140,000 homes and businesses in the Minneapolis area. With this acquisition, Metronet strengthens its fiber presence in Minnesota, adding to its existing markets that include Lakeville, Waconia, Shakopee, Owatonna, Faribault, and Rochester.