"Dave's experience will help us further expand our capacity for rapid growth, and we are honored to welcome him to the MetroNet team from such a quality operator." . Backed by Oak Hill, MetroNets 100% fiber optic footprint includes nearly 100 communities, including cities like Lexington, KY, and Tallahassee, FL. Other Oak Hill broadband investments to enable increased fiber access in the U.S. 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. Metronet has been recognized by PC Mag as one of the Top 10 Fastest ISPs in North Central United States in 2020 and Top 10 ISPs with Best Gaming Quality Index in 2021. MetroNet CEO John Cinelli named Palm Coast Mayor David Alfin an honorary MetroNet "associate" today during a brief joint announcement about the company setting up shop in palm Coast. Not only did MetroNet expand its Michigan market by completing the acquisition of Lansing-based LightSpeed Fiber Communications, but the company completed a massive upgrade that allows customers to have symmetric upload and download speedsall the way up to 200/200Mbps. They are part of the Executive team within the C-Suite Department and their management level is C-Level. "MetroNet has seen remarkable growth and success due to the efforts of our leadership team," said John Cinelli, chief executive officer of MetroNet. (Note: Prices assume you enable paperless billing.). Not only did MetroNet expand its Michigan market by completing the acquisition of Lansing-based LightSpeed Fiber Communications, but the company completed a massive upgrade that allows customers to have symmetric upload and download speedsall the way up to 200/200Mbps. MetroNet is one of the fastest-growing providers of fiber optic high-speed broadband services in the nation. The company is known for its superior customer service provided through a strong local presence. That's better than the gigabit plans offered by AT&T (8 cents), Spectrum (8 cents) and Frontier (just over 7 cents), all of which are competitors in several Metronet service areas. The company delivers symmetrical speeds of up to 10 Gbps to homes and businesses in underserved, small town America, and is credited with creating the largest gigabit city in the U.S. by fully wiring Lexington. This year, MetroNet launched services in its 9th state as it continues to expand its fiber footprint to local communities across the country. For example, regarding the promo prices, the cost per Mbps for Metronet's fiber gigabit plan -- is 6 cents, which is quite good. The safety of community members where we are constructing our networks is of paramount importance to Metronet. That said, let's talk about an unavoidable charge we don't often see. "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," said Benjy Diesbach and Scott Baker, partners at Oak Hill. "Palm Coast will be the launching pad for MetroNet's future Florida growth and will soon become a Certified Gigabit City," said John Cinelli, MetroNet CEO. www.broadbandtechreport.com is using a security service for protection against online attacks. "As a beta customer for Metronet's Fayetteville network, I have been able to experience a 100 percent fiber-optic network that has impressive upload and download speeds with no buffering," said Steve White, a local customer. Oak Hillworks actively in partnership with management to implement strategic and operational initiatives to create franchise value. KKR has significant experience investing in the growth of leading FTTP providers globally, including FiberCop in Italy, Hyperoptic in the U.K. and Deutsche Glasfaser in Germany. . MetroNet has set itself apart as the leading independent FTTP provider in the U.S., well-known for its high quality technology, exceptional customer service and local operations, said Waldemar Szlezak, a senior leader on KKRs infrastructure investment team. It also means you don't have to fear any looming overage charges if you exceed a data cap. A new fiber-optic internet, television and phone service company is coming to Fayetteville, the Fayetteville-Cumberland County Economic Development Corp. announced Tuesday. MetroNet started in 2005 with one fiber optic network in Greencastle, Indiana, and has since grown to serving and constructing networks in more than 100 communities across Indiana, Illinois, Iowa, Kentucky, Michigan, Minnesota, Ohio, Florida, and North Carolina. MetroNet CEO John Cinelli speaks Thursday during a ribbon-cutting ceremony at the new Metronet retail space in Greenville. Of the major ISPs we've reviewed thus far, only Ziply Fiber (6 cents), CenturyLink (just over 6 cents) and WOW (just over 6 cents) can match that introductory gigabit rate. The majority of Metronet service areas within those states are smaller cities and towns, but some of the larger metropolitan areas covered include Aurora, Illinois; Des Moines, Iowa; Lansing, Michigan; Lexington, Kentucky; Rochester, Minnesota and Tallahassee, Florida. These secular trends play to MetroNets strengths of providing high-speed, symmetrical and affordable connectivity making it easy for its customers to use this service. Metronet's referral program promotionencourages you to refer friends and family to the service. Home internet and broadband, including plans, providers, internet speeds and connection types. He said constructing the network means following the electric lines. Most recently, KKR. Lastly, where some ISPs try to lure new subscribers by offering a trial subscription to a streaming service like Disney Plus, HBO Max or Paramount Plus, Metronet gives its customers a chance to earn some significant account credits. Palm Coast was chosen, Cinelli said, largely because of its size. Oak Hill Capital applies an industry-focused, theme-based approach to investing in the following sectors: Services, Industrials, Media & Communications, and Consumer. MetroNet delivers affordable symmetrical speeds of up to 10 Gbps to homes and businesses in underserved, small town America, and is credited with creating the largest Gigabit city in the U.S. by fully wiring Lexington, Kentucky. LEXINGTON, Ky. MiddleGround Capital, an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, today announced that Founder and Managing Partner John Stewart has gifted $10 million to the Gatton College of Business and Economics at the University of Kentucky. 2022 was a busy year for the broadband business. Being able to watch your favorite programs without interruptions is very important. This year, MetroNet launched services in its 9th state as it continues to expand its fiber footprint to local communities across the country. The additional investments from Oak Hill and KKR will drive growth that further bridges the digital divide by providing hundreds of thousands of additional households access to world class and future proof 100% fiber optic services for living, learning, and connecting to each other. 3701 Communications Way, Evansville, Indiana, 47715, United States, Vice President, Communications & Chief of Staff, Executive VP, Operations & Human Resources, Find your B2B customer within minutes using affordable, accurate contact data from Datanyze, Metronet headquarters are located in 3701 Communications Way, Evansville, Indiana, 47715, United States, Metronets main industries are: Internet Service Providers, Website Hosting & Internet-related Services, Telecommunications, Metronet appears in search results as MetroNet, MetroNet Inc, Better Together Inc, Internet Service Providers, Website Hosting & Internet-related Services, Get Free Access to Metronet Contacts Info. Metronet is bringing its fiber-optic network to Ankeny with installation now available to hundreds of homes and businesses. This is a great state, we just think this is a great place for us to deliver our kind of services.. We are thrilled to be supporting MetroNet, alongside Oak Hill, on its mission to deliver much-needed broadband access across the U.S., a market that is well behind its peers in FTTP connectivity.. It contains the video below with some helpful information as you begin your MetroNet customer journey. Forinformation about MetroNet, visitmetronetinc.com. The 200 mbps and 500 mbps plans paired with whole home WiFi for 24 months are priced at $54.95/month or $64.95/month depending on the plan. An avid movie fan, Trey's career also includes being a film and TV critic while pursuing a degree in New York. The biggest thing that leaps out at me about Metronet's plans and pricing is that nothing truly leaps out at me. 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. "We're very excited to welcome Vexus Fiber and their associates to MetroNet," said John Cinelli, Chief Executive Officer of MetroNet. Its clear that this community is rich in diversity and opportunity, and were excited to be a part of it as we move forward together, Cinelli said. KKR will be making the investment in MetroNet through its global infrastructure strategy. If you buy through our links, we may get a commission. One exec calls Cinelli the Goldilocks of Overbuilding with an uncanny knack for picking cities that arent too big or too small, but just right for competition. Currently, Metronet is the country's largest, independently owned fiber-optic ISP. After the last year of so many people working from home, they became very comfortable using this technology. Metronet's headquarters are in Indiana, but its footprint extends beyond the Hoosier state. Simpson Thacher served as legal counsel to KKR. Sure, I see the value of not worrying about the additional costs of any needed house calls or equipment fixes. The guys I work with are the best. This trend promises to accelerate as the choices for direct-to-consumer video, the adoption of the Internet of Things, and the maturing of the functionality of the Cloud continue to grow. KKR has significant experience investing in the growth of leading FTTP providers globally, including FiberCop in Italy, Hyperoptic in the U.K. and Deutsche Glasfaser in Germany. "We are excited to build upon our seven-year partnership with MetroNet's outstanding management team, led by John Cinelli, as the Company expands its fiber network to many more underserved American communities." KKR will be making the investment in MetroNet through its global infrastructure strategy. Six months later, it announced a rebrand with a new tagline: "You will love your internet with Metronet.". They have their poles and we string our fiber on their poles, when they go underground, we go underground. John Cinelli. It began in 2005 in Greencastle, Indiana, as a family-run business and is led by Metronet CEO John. Education: BA, Tufts University My personal superpower is: I connect easily with people. KKR will be making the investment in MetroNet through its global infrastructure strategy. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Polsinelli served as legal counsel to MetroNet. Beyond television and telephone services to residents and businesses, the companys ultrafast internet will also support teleworking, distance learningand virtual medicine, Colvin said, thanking the Fayetteville Public Works Commission for their collaboration to accommodate the project. Its reliability and the symmetrical speeds it offers are currently unparalleled in broadband. The company is known for its superior customer service provided through a strong local presence. What habit are you keeping post-pandemic? MetroNet CEO John Cinelli and Palm Coast Mayor David Alfin. MetroNet President John Cinelli said projects of similar size usually take about two years. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. In a 2022 press release, Cinelli boasted, "Metronet provides quality service to each of our customers through our fast and reliable fiber-optic internet while supporting the continued growth and economic development of the communities we serve.". "MetroNet has set itself apart as the leading independent FTTP provider in the U.S., well-known for its high quality technology, exceptional customer service and local operations," said Waldemar Szlezak, a senior leader on KKR's infrastructure investment team. MetroNet is headquartered in Evansville, Indiana. Metronet is part of the Internet Service Providers, Website Hosting & Internet-related Services industry, and located in Indiana, United States. But we'll get to that in due time. The past year has been a busy one for Cinelli and his team. It's more reliable than cable, satellite, DSL and 5G fixed wireless, and it's the only one that can claim symmetrical download and upload speeds. "We value our long-standing partnership with Oak. Trey Paul is a CNET senior editor covering broadband. Id like to see Palm Coast really be on the forefront of trying to attract digital workers to come live, work and play in Palm Coast.. Here's what it is: It's a mandatory monthly charge of $12 on top of your regular monthly rate. 2023 www.fayobserver.com. Metronet University: Our Safety Training Facility. Oak Hill Capital is a private equity firm managing funds with over $16 billion of initial capital commitments and co-investments since inception. "We got picked," said Alfin of the company's selective process. We are excited to build upon our seven year partnership with MetroNets outstanding management team, led by John Cinelli, as the company expands its fiber network to many more underserved American communities.. "Metronet has been incredible to work with as they are gearing up to provide service to the rest of the community. Let's examine the Metronet costs a bit more to better grasp what you'll be paying. We value our long-standing partnership with Oak Hill and are proud to welcome our new investors at KKR, said John Cinelli, MetroNet CEO. 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, said Benjy Diesbach and Scott Baker, partners at Oak Hill. Metronet fairs a bit better when you compare its regular rates to those of its competitors. Founded in 2005, MetroNet is a provider of fiber optic telecommunications services including internet, phone, TV, and SmartHome alarm services. Oak Hill Capital applies an industry-focused, theme-based approach to investing in the following sectors: Services, Industrials, Media & Communications, and Consumer. John Cinelli, MetroNet's president and CEO, started his career in the banking industry, first at Bank of Boston in Massachusetts and Washington, D.C., and then at Security Pacific National Bank, requiring a relocation to Los Angeles. Now, it's unveiling a 2-gigabit option for customers across its footprint. That's not insignificant. Please enable JavaScript on your browser and try again. Advice to Management We provide every employee with advanced safety training, and we are continuously improving safety processes and protocols. Over the past 35 years, Oak Hill Capital and its predecessors have invested in approximately 100 private equity transactions across broad segments of the U.S. and global economies. "Reliable internet access is critical, and with this expansion, residents and businesses in Colorado Springs will be able to easily work, learn and entertain" said John Cinelli, Metronet CEO. All rights reserved. In order to have the best possible experience, consumers will need fast, symmetrical internet connection speeds that can accommodate multiple devices simultaneously, without buffering. View the profiles of professionals named "John Cinelli" on LinkedIn. Internet Service Providers, Website Hosting & Internet-related Services, Telecommunications. Metronet says on its website, "the Tech Assure Program fee covers all service calls, technician visits, equipment repair and service or repair of any Metronet-owned equipment." Metronet earned an average score of 1.32 out of 5 points, which initially didn't seem all that great. "We are excited to be expanding to Greenville, North Carolina, and the opportunities that this means for the community with a 100 percent fiber optic network," MetroNet President John Cinelli . "Residents and businesses will soon be able to experience a future-proof network in a time when reliable access has become critical." Metronet is on the low end of the scale as it charges a $25 installation fee upon signing up for service. Fayetteville-Cumberland County Economic Development Corp. Broadband would close NCs digital divide; Big Telecom is blocking it. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. Oak Hill is an experienced investor in the FTTP space and has been a partner with the MetroNet team since 2014. This year, MetroNet launched services in its 9th state as it continues to expand its fiber footprint to local communities across the country. Metronet Internet features unlimited data. No ISP emerges unscathed when it comes to customer satisfaction numbers. We thank you for choosing MetroNet and we look forward to serving you for years to come! KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. The continued rise of 5G has led to availability expansion for both T-Mobile Home Internet and Verizon 5G Home. Every associate and every contractor is a member of our safety team and we are among the best in the industry at protecting health and property. Cablefax Daily readers get exclusive industry news-every business day. (MetroNet) Privately held fiber provider MetroNet appointed Shenandoah. John Cinelli has been working as a Chief Executive Officer at Metronet for 14 years. There is a cable company here, there is a telephone company here, were going to provide a third choice so people can vote with their pocketbooks and they can get really excellent customer service.. Funds managed by KKR will join long-time partner Oak Hill Capital and company management as investors in MetroNet. Let's explore more. When we come to a community, the thing that we say is the most important is to provide choice, Cinelli said. It should be near the top of your list if you fall under the Metronet coverage map. For more information visitwww.MetroNetinc.com. MetroNet is one of the fastest-growing providers of fiber optic high-speed broadband services in the nation. MetroNet and the city of Fayetteville are bringing the service to the region, making it MetroNets first expansion in North Carolina, officials said. The additional investments from Oak Hill and KKR will drive growth that further bridges the digital divide by providing hundreds of thousands of additional households access to world class . At Metronet, we prioritize safety within all our markets. When typing in this field, a list of search results will appear and be automatically updated as you type. While that's better than the promo costs for some of its cable competitors, like Xfinity (25 cents), it falls short of the average cost for other fiber providers we've reviewed: AT&T (10 cents), Frontier (9 cents) and Google Fiber (6 cents). Engagement attempts to educate around the benefits of connectivity for work, school, health, entertainment and relationships with end-users would help to further bridge the gap. The firm first established its global infrastructure strategy in 2008 and has since been one of the most active infrastructure investors around the world, currently managing over $27 billion in infrastructure assets. How does the country narrow the digital divide? This hallmark investment speaks to the bright future ahead for our citizens as we close the digital divide through increased access.. Reviews ethics statement | How we test ISPs. KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Polsinelli served as legal counsel to MetroNet. Officials said the company is known for its reliable, high-speed internet-friendly service, and fair pricing with no long-term contracts., More:Broadband would close NCs digital divide; Big Telecom is blocking it. Company Name: Yokowo Co., Ltd. Ctry: JPN: Market Cap. The customer-focused company provides cutting-edge fiber optic communication services, including high-speed Fiber Internet, full-featured Fiber Phone, and Fiber IPTV with a wide variety of programing.
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