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T-Mobile and KKR Acquire US Internet to Expand Fiber Network

9/6/2025

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Story summary
  • T-Mobile and KKR's Metronet acquired US Internet (USI), a Minnesota fiber network provider, on September 2.
  • This acquisition strengthens Metronet's presence in Minneapolis, serving over 140,000 homes and businesses.
  • USI provides symmetrical internet speeds of up to 10 Gbps.
  • Metronet plans to expand its network to 6.5 million homes by 2030.
  • CEO David Heimbach noted USI's strong reputation aligns with Metronet's goals.