The first is a 50/50 partnership with Oak Hill Capital to acquire and combine GoNetspeed and Greenlight Networks, while the second is a 50/50 JV with Wren House to acquire i3 Broadband.
Overall, these transactions further support T-Mobile's long-term goal of reaching 18–19 million total broadband customers by 2030, including 3–4 million fiber subscribers.
JV With Oak Hill Capital
Under the arrangement, T-Mobile will acquire a 50% stake in a combined entity that brings together Oak Hill's fiber assets GoNetspeed and Greenlight Networks.
The platform will expand T-Fiber's residential broadband footprint across attractive Northeastern U.S. markets, including Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, and Rhode Island.
The combined network is projected to reach more than 1.3 million homes passed by the end of 2026.
The transaction is expected to close in the first half of 2027. At which point, T-Mobile plans to invest about $2.0 billion to acquire a 50% stake in the joint venture along with substantially all existing residential fiber customers.
Wren House JV
In a separate deal, T-Mobile will enter into a 50/50 joint venture with global infrastructure investor Wren House to acquire i3 Broadband, a fiber-to-the-premises provider serving ...
