To jointly accelerate expansion of fiber-to-the-home (FTTH) networks, independently owned U.S. fiber-optic network provider Metronet this week announced the completion of its merger with Lubbock, Texas-based Vexus Fiber, a builder and operator of fiber networks in Texas, New Mexico and Louisiana. Post-merger, the combined companies currently serve 16 states and more than 250 communities, and will continue to operate under their current brands with their current leadership teams.
Vexus Fiber currently operates fiber-to-the-home networks in Lubbock, Amarillo, Wichita Falls, Abilene, and surrounding areas in Texas, as well as Hammond, Covington, and Mandeville in Louisiana. The company is also building new networks in the Rio Grande Valley, Tyler, Nacogdoches, and San Angelo, Texas and expanding in Lake Charles and Alexandria, Louisiana as well as Albuquerque and Santa Fe, New Mexico.
Headquartered in Evansville, Indiana, Metronet is the among nation’s largest independently owned fiber-optic communications services providers. Metronet started in 2005 with one fiber network in Greencastle, Indiana, and has since grown to serving and constructing networks in more than 220 communities across Indiana, Illinois, Iowa, Kentucky, Michigan, Minnesota, Ohio, Florida, North Carolina, Virginia, Texas, Wisconsin, Missouri and Colorado. By offering XGS PON technology, Metronet contends it "can easily carry its communities into the future of 5GB service."
Both companies operate fiber-optic networks with symmetrical speeds of one gigabit or higher connected directly to homes and businesses. Both networks are futureproof and can scale to higher speeds, and both companies connect America’s underserved cities and towns, bringing state-of-the-art fiber optic connections to workers, businesses, schools, hospitals, government facilities and homes.
The terms of the merger were not disclosed.