MetroNet to Acquire Jaguar Communications

EVANSVILLE, Ind.--(BUSINESS WIRE)--MetroNet Holdings, LLC, the parent company of MetroNet, a 100% fiber optic communications provider, today announced that it has entered into a definitive agreement to acquire Jaguar Communications (“Jaguar”). Based in Owatonna, Minnesota, Jaguar has an extensive fiber network throughout Southern Minnesota that serves both residential and commercial customers with fiber-based voice, video and high speed broadband services.

The transaction is expected to close in the coming months after regulatory approval. Additional information will be released following that approval.

About Jaguar Communications
Founded in 1999 by a group of seven individuals, Jaguar Communications was created to provide advanced telecommunications to Southeastern Minnesota. Jaguar delivers voice, video, and broadband telecommunication services on a 2,000-mile fiber optic network ring serving customers in 13 counties. Visit their website www.jaguarcommunications.com.

About MetroNet Holdings, LLC
MetroNet Holdings is the parent company of MetroNet, a 100% fiber optic company headquartered in Evansville, Indiana. 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 programming. MetroNet started in 2005 with one fiber optic network in Greencastle, Indiana, and have since grown to serving and constructing networks in nearly 100 communities across Indiana, Illinois, Iowa, Kentucky, Minnesota, Ohio and Florida. MetroNet is committed to bringing state-of-the-art telecommunication services to communities — services that are comparable or superior to those offered in large metropolitan areas. MetroNet has been named in the top 50 small and medium companies on Glassdoor and has been honored with a Glassdoor Employees’ Choice Award recognizing MetroNet among the Best Places to Work in 2020. For more information, visit www.MetroNetinc.com.