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Internet outage exasperates clients, provider

Disruption of a local high-speed internet service led Race Communications last week to send one of its vice presidents to the area.
Race a service provider for internet, phone and TV dispatched Jim Miller, vice president of sales and marketing, to Grass Valley to assure broadband customers Race was in the process of resolving the issue in a timely manner.
“We feel the pain and sympathize with customers,” said Miller. “All previous outages were because of contractors digging underground and cutting into fiber optic cables.”
Contractors evidently did not obtain permission prior to breaking ground and tore into fiber optic cables, which interrupted online service, Miller said. Before anyone digs underground they are advised to dial the 811 number that connects with a Public Utilities Commission division, which has mapped the location of all gas, utility and telecom lines. ....

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Public Relations Global Network Adds Agencies in Alabama and Brazil

Public Relations Global Network Adds Agencies in Alabama and Brazil
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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MetroNet Announces New Investments from Oak Hill Capital and KKR

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.
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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 connecting fiber-to-the-premise (FTTP) data, television, and telephone services to homes and businesses. This year, MetroNet launched services in its 9 ....

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KKR buys into Oak Hill Capital-backed MetroNet to boost US fibre-optic provider's growth

Global buyout house KKR has bought into private equity-backed fibre-optic communications business MetroNet.
KKR and existing backer Oak Hill Capital said they would make new investments in MetroNet to help it grow its fiber-to-the-premises (FTTP) data, television, and telephone services to homes and businesses.
Oak Hill has been working with MetroNet since 2014. Its other fibre broadband investments in the US include Vexus Fiber, a rapidly expanding provider in Texas and surrounding states, Future Fiber Holdings in the Northeast and Race Communications in California and surrounding states.
A statement from Oak HIll partners Benjy Diesbach and Scott Baker said, “We believe that reliable, high-speed access to the Internet represents a fundamental underpinning of economic growth and equal opportunity for all Americans, from small towns to big cities.” ....

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MetroNet Announces New Investments

MetroNet Announces New Investments
insideindianabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideindianabusiness.com Daily Mail and Mail on Sunday newspapers.

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