T-Mobile Expands Fiber Footprint via Joint Ventures with Oak Hill Capital and Wren House (GoNetspeed/Greenlight Networks; i3 Broadband)

Greenlight Networks To Acquire FastBridge Fiber

November 4, 2025

Telecommunications

Greenlight Networks entered into a definitive agreement to acquire Pennsylvania-based FastBridge Fiber. The deal is expected to close in mid-2026, subject to regulatory approvals and customary closing conditions, and aims to expand Greenlight’s high-speed fiber footprint in Pennsylvania and New York.

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.

Oak Hill Capital Acquires Majority Stake in Wire 3

January 4, 2024

Telecommunications

Oak Hill Capital has acquired Wire 3 from Guggenheim Investments and committed up to $250 million to accelerate the fiber-to-the-home expansion across underserved communities in Florida. Wire 3’s management will remain shareholders and continue to lead the business as Oak Hill supports the company’s network buildout and customer growth.

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.

Oak Hill Capital Invests in NetSpeed LLC to Accelerate Northeast Fiber Deployment

January 21, 2021

Telecommunications

Oak Hill Capital has formed a partnership with NetSpeed LLC to provide capital and support to accelerate NetSpeed's expansion of fiber-to-the-premises networks across the Northeastern United States. NetSpeed's founder Frank Chiaino and management remain significant investors in the business while Oak Hill will contribute operational and financial expertise to scale deployments.

Wren House Infrastructure Acquires i3 Broadband from Seaport Capital

September 14, 2020

Telecommunications

Wren House Infrastructure Management Limited has agreed to acquire i3 Broadband from Seaport Capital and Countrywide Broadband. The investment will support i3's continued buildout of fiber-to-the-home (FTTH) networks and expansion into new communities across Illinois and surrounding states.