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Fiber optic company MetroNet chooses Vandalia for first Ohio storefront

Fiber optic company MetroNet chooses Vandalia for first Ohio storefront
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

United States , West Milton , Huber Heights , Tipp City , North Dayton , Richard Herbst , John Bush , Kevin Stelmach , Senior Reporter , Dayton Business Journal , Indiana Based Metronet , Flower Shop , Mayor Richard Herbst , Net Executive Vice President Kevin Stelmach , ஒன்றுபட்டது மாநிலங்களில் , மேற்கு மில்டன் , கிரீன் கேஸில் , ஹ்யூபர் உயரங்கள் , டிப் நகரம் , வடக்கு பகல் , ரிச்சர்ட் மூலிகை , ஜான் புஷ் , கெவின் ஸ்டெல்மாச் , மூத்தவர் நிருபர் , பகல் வணிக இதழ் , இந்தியானா அடிப்படையிலானது மெட்ரோநெட் ,

KKR Nearing Deal to Buy Stake in Fiber Company MetroNet

KKR Nearing Deal to Buy Stake in Fiber Company MetroNet
Bloomberg
2 hrs ago
© Bloomberg
Sberbank PJSC Opens Russia s Biggest Data Processing Center
(Bloomberg) KKR & Co. is nearing a deal to acquire a minority stake in MetroNet that values the provider of fiber-optic internet, phone and television services at almost $3 billion including debt, according to people with knowledge of the matter.
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A transaction could be announced as soon as this week, the people said. Oak Hill Capital, a private equity firm, will invest additional capital into the company, the people said.
KKR and Oak Hill representatives declined to comment. A spokesperson for Evansville, Indiana-based MetroNet didn’t immediately respond to a request for comment. ....

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Hickory lands $36 million investment in broadband fiber

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 Hickory Mayor Hank Guess in a statement.
Cinelli described the company’s network as “future-proof” and as a boon to the region’s economic growth. Hickory is home to more than 41,000 residents, and the surrounding area has a population estimated around 365,000. ....

John Cinelli , Indiana Based Metronet , Hickory Mayor Hank Guess , ஜான் சினெல்லி , இந்தியானா அடிப்படையிலானது மெட்ரோநெட் , ஹிக்கரி மேயர் ஹாங்க் யூகம் ,

Fiber optic network to be constructed in Mason City

Fiber optic network to be constructed in Mason City
City council approved an agreement with Indiana-based MetroNet to construct network that would serve the majority of residents and businesses within city limits
Posted: Mar 4, 2021 1:47 AM
Updated: Mar 4, 2021 6:17 AM
Posted By: Alex Jirgens
MASON CITY, Iowa - We ve all likely been frustrated by trying to stream a show and your internet connection is less than stellar. For Mason City residents, a faster option is set to arrive as soon as this year.
During Tuesday night s meeting, city council approved an agreement with Indiana-based MetroNet, who is constructing a fiber optic network that will serve about 85% of homes and businesses within city limits. Not only would this include internet, but also TV and phone service. ....

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TechWire Rewind: Catching up on 88 tech headlines from last week

As Monday morning rolls in, we’re providing TechWire readers with a quick recap of the past week’s news headlines.
Notable news stories from last week included: Durham-based RNA therapeutics company Ribometrix formed a partnership with Genentech that could be worth over $1 billion; Indiana-based MetroNet will invest over $70 million to build a fiber-optic network in Fayetteville and provide broadband and other services across Cumberland County; investments in North Carolina startups topped $3.6 billion in 2020, ranking sixth for the total amount of venture investments raised nationwide.
Several North Carolina companies secured new funding last week: Research Triangle Park-based BioAesthetics ($5 million), RTP’s ImagineOptix ($200,000), Raleigh-based InsightFinder ($725,000), Cary-based marGo ($4 million) Durham-based NALA Systems ($700,000), Charlotte-based AvidXchange ($5 million), Winston-Salem’s Xpand Gaming ($50,000) and Durham-based GeneCentric Therapeutics ($ ....

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