KKR Acquires Majority Stake in Hyperoptic

Proximus Acquires EQT's Stake in Fiberklaar

July 25, 2024

Telecommunications

Proximus has agreed to acquire EQT Infrastructure V’s majority stake in Fiberklaar for EUR 246 million, making Proximus the sole shareholder. Fiberklaar, headquartered in Ghent, is Flanders’ leading independent fiber-to-the-home provider and the transaction is intended to increase rollout efficiency and capture synergies to accelerate fiber deployment across Flanders.

KKR and T-Mobile Joint Venture Acquires Metronet

July 24, 2024

Telecommunications

Metronet announced definitive agreements to sell the company to a joint venture between KKR and T-Mobile. After closing on July 24, 2025, Metronet became a wholesale internet services provider for its residential customers, with T-Mobile Fiber taking responsibility for residential customer acquisition, support, and customer experience, while Metronet continues to build and operate fiber infrastructure and retain its commercial services business.

nexfibre (with Virgin Media O2) Acquires Upp to Expand East of England Fibre Footprint

September 11, 2023

Telecommunications

nexfibre, in partnership with Virgin Media O2, has agreed to acquire fibre operator Upp. Virgin Media O2 will initially purchase and integrate Upp before nexfibre acquires Upp's network assets—adding approximately 175,000 premises in the East of England and accelerating regional fibre rollout.

Oak Hill Capital Acquires Controlling Interest in Greenlight Networks

March 7, 2022

Telecommunications

Oak Hill Capital will acquire a controlling interest in Greenlight Networks through its Oak Hill Capital Partners VI fund and plans to invest up to $300 million to accelerate the fiber-to-the-home expansion across New York and beyond. Greenlight currently serves approximately 80,000 homes, employs about 160 people, and the transaction is expected to close pending New York State Public Service Commission approval.

Mobeus Invests in Orbital Internet Group Limited

June 7, 2021

Telecommunications

Mobeus has made a multi-million pound growth investment in Orbital Internet Group Limited (Orbital) to accelerate the rollout of ultrafast fibre and expand its fixed-line and wireless connectivity services across rural Kent and UK holiday parks. The funding will support Orbital's expansion into holiday-park connectivity, the development of bespoke B2B technology services, and the company will gain Mobeus board support to drive growth.

KKR and Oak Hill Capital Make New Investments in MetroNet

April 21, 2021

Telecommunications

Funds managed by KKR will join long-time partner Oak Hill Capital and MetroNet management in making new equity investments in MetroNet to accelerate deployment of fiber-to-the-premise (FTTP) broadband. The capital will support MetroNet's continued expansion of its 100% fiber optic network into additional U.S. communities and growth of residential and business broadband services.