MetroNet acquires Michigan Company – Inside INdiana Business


MetroNet Fiber Inc., based in Evansville, is expanding its footprint. The telecommunications provider has acquired LightSpeed ​​Fiber Communications in Michigan. Financial terms of the deal are not being disclosed, but MetroNet has announced plans to invest up to $ 100 million to further expand its services in Michigan.

The company has announced that it will offer its television and telephone services to LightSpeed ​​Internet-only customers. LightSpeed ​​CEO Jason Schreiber will assume the role of CTO for Michigan’s market leader MetroNet.

“LightSpeed ​​Fiber’s vision and values ​​align well with our goal of expanding our advanced fiber-optic telecommunications services to more cities while remaining customer-focused,” said John Cinelli, President of MetroNet , in a press release. “Our plans for Michigan are sustainability and growth. This investment represents a strategic opportunity to bring high speed Internet access with no data cap, full fiber optic telephone service and fiber IP television to even more customers. “

Both companies will continue to operate under their respective brands, but LightSpeed ​​will soon be offering MetroNet products and services. MetroNet says that as their teams grow, they will actively seek to add new employees, although a specific number has not been given.


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