Inside INdiana Business

MetroNet to acquire Minnesota company

(photo courtesy of MetroNet)

EVANSVILLE, Ind. (Inside INdiana Business) — Evansville-based MetroNet Holdings LLC is adding to its portfolio. The parent of fiber optic communications provider MetroNet has announced plans to acquire Minnesota-based Jaguar Communications, though financial details were not disclosed.

Jaguar provides fiber-based voice, video and high-speed broadband services to residential and commercial customers in southern Minnesota. MetroNet did not specify whether any jobs would be affected by the acquisition.

The deal is expected to close in the coming months. MetroNet says more information will be released once the acquisition receives regulatory approval.

The announcement comes more than a year after MetroNet detailed plans to acquire LightSpeed Fiber Communications in Michigan.

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