T-Mobile and KKR has formed a joint venture to acquire Metronet
Industry
Communications
Transaction Date
24/07/2025
"We could not be prouder to expand our strategic partnership with KKR and form a new one with T-Mobile - two global leaders in 5G wireless connectivity and digital infrastructure. With this new partnership, Metronet will expand its fiber network faster and farther, reaching millions more households by the end of the decade."
Dave HeimbachChief Executive Officer
Metronet
"Metronet is the perfect partner for T-Mobile as a leader in fiber solutions with an incredibly fast build pace, and a top-notch management team. Together with KKR’s strong heritage of corporate partnership and global fiber franchise, we will further expand the Un-carrier’s fiber footprint and deliver real value and choice to customers while addressing a growing demand for fast and reliable broadband. "
Mike SievertChief Executive Officer
T-Mobile
"As a leading investor in fiber broadband, KKR has a strong track record of building fiber networks in multiple countries around the world. Since our initial investment in Metronet in 2021, the company has grown rapidly, including constructing new fiber infrastructure and adding subscribers in attractive, underserved markets. "