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MetroNet Announces New Investments from Oak Hill Capital and KKR New Funding will Accelerate Deployment of Fiber-Based High Speed Broadband Networks to Communities Across the U.S. News provided by Share this article Share this article EVANSVILLE, Ind., April 21, 2021 /PRNewswire/ -- MetroNet today announced that funds managed by leading global investment firm KKR will be joining long-time partner, Oak Hill Capital, and management as investors in MetroNet. As part of the transaction, Oak Hill and KKR will each make new investments to help accelerate MetroNet's growth in building and connectin...

Oak Hill Capital and KKR Back Metronet Funds managed by global investment firm KKR and long-time partner, Oak Hill Capital, and management, have invested in MetroNet. As part of the transaction, Oak Hill and KKR will each make new investments to help accelerate MetroNet’s growth in building and connecting fiber-to-the-premise data, television, and telephone services to homes and businesses. “We value our long-standing partnership with Oak Hill and are proud to welcome our new investors at KKR,” said John Cinelli, MetroNet CEO. “The additional investments from Oak Hill and KKR will...

Share: MetroNet and the City of Ankeny today announced a partnership that will bring MetroNet's 100 percent fiber optic internet, TV and phone to businesses and residents. As part of the agreement, MetroNet will invest more than $15 million in the city and surrounding community while bringing fiber-to-the-home directly to residents. "The demand for high-speed fiber optic internet continues to be strong in Ankeny and adding MetroNet to the mix of providers gives residents another option," said City Manager David Jones. "MetroNet is pursuing an aggressive schedule for building its network in An...

HICKORY — The City of Hickory has signed a deal with Indiana-based MetroNet, under which the communications company will invest $36 million in the city and surrounding community to bring broadband fiber connectivity to residents, as well as phone service and television. Construction is slated to begin this summer, said MetroNet president John Cinelli in a statement.  The project is estimated to be completed in 2023. “With today’s increasing demands for connectivity, we are excited to welcome MetroNet to Hickory and add to our outstanding list of technology partners,” said City of Hi...

MetroNet Partnering with North Carolina City on Fiber Network Posted on Share Home » MetroNet Partnering with North Carolina City on Fiber Network MetroNet and the City of Hickory, North Carolina are partnering to bring MetroNet’s fiber optic internet, TV and phone service to businesses and residents. The press release seems to imply that the MetroNet deal with the city of Hickory is a public-private partnership, in which a municipality pays some of the costs of network construction. The release states that MetroNet will invest more than $36 million in the city, but does not indic...