MetroNet and Vexus Announce Merger to Accelerate Industry-Leading FTTH Expansion

Combined Companies Currently Serve 15 States, More than 150 Communities

MetroNet, the nation’s largest independently owned, 100 percent fiber optic network provider, today announced a merger with Lubbock, Texas-based Vexus Fiber. Vexus builds and operates fiber optic networks that connect directly to homes and businesses in Texas, New Mexico, and Louisiana. The combined companies will continue to operate under their current brands with their current leadership teams. Terms of the merger were not disclosed.

“We’re very excited to welcome Vexus Fiber and their associates to MetroNet,” said John Cinelli, Chief Executive Officer of MetroNet. “Vexus has a fast growth and high customer service mentality, very similar to MetroNet, and joining with them allows us to quickly expand our service area to even more Americans.”

“Our mission at Vexus is to bring our high-quality service to as many homes and businesses in the Southwest as possible,” said Jim Gleason, President and Chief Executive Officer of Vexus. “With this merger, we can reach even more people faster.”

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, Louisiana as well as Albuquerque and Santa Fe, New Mexico.

Both MetroNet and Vexus build and operate fiber optic networks with symmetrical speeds of 1 gigabit or higher connected directly to homes and businesses. The networks are future proof and can scale to higher speeds. Both companies are dedicated to connecting America’s underserved cities and towns and bringing state-of-the-art fiber optic connections for workers, businesses, schools, hospitals, government facilities and homes.

About Vexus:

Vexus is a leading provider of fiber-based communications solutions for both residential and business customers across Texas, Louisiana, and New Mexico. As a technology leader in the industry, Vexus Fiber offers an extensive range of internet connectivity over a true fiber-to-the-premises network. Services also include a robust HD Video platform, Voice, TeleCloud services, and more. For more information, please visit vexusfiber.com.

About MetroNet:

MetroNet is the nation’s largest independently owned, 100 percent fiber optic company headquartered in Evansville, Indiana. The customer-focused company provides cutting-edge fiber optic communication services, including high-speed Fiber Internet and full-featured Fiber Phone with a wide variety of programming. MetroNet started in 2005 with one fiber optic network in Greencastle, Indiana, and has since grown to serving and constructing networks in more than 120 communities across Indiana, Illinois, Iowa, Kentucky, Michigan, Minnesota, Ohio, Florida, North Carolina, Virginia, Texas, Wisconsin, and Missouri. 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 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. Broadband Now has recognized MetroNet as the Top 3 Fastest Internet Providers and Fastest Fiber Providers in the Nation in 2020, and #1 Fastest Mid-Sized Internet Provider in two states in 2020. In 2020, MetroNet was awarded the Vectren Energy Safe Digging Partner Award. For more information, visit www.MetroNetinc.com.

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