T-Mobile deepens broadband push with new fiber joint ventures

Reuters

Tue, April 28, 2026 astatine 8:58 AM CDT 1 min read

April 28 (Reuters) - T-Mobile said connected Tuesday it signed deals to signifier 2 associated ‌ventures with Oak Hill Capital and ‌Wren House, expanding its fibre net concern to complement its ​fast-growing broadband and halfway wireless base.

• T-Mobile and Oak Hill volition signifier a associated task to harvester 2 of the backstage equity firm's ‌existing fibre portfolio ⁠companies, GoNetspeed and Greenlight.

• T-Mobile expects to put astir $2 cardinal for a ⁠50% involvement successful the Oak Hill JV aft it closes successful the archetypal fractional of ​2027.

• The ​venture with planetary infrastructure ​investment manager Wren ‌House volition see acquisition of i3 Broadband, a determination fibre net supplier serving parts of Illinois, Missouri and Rhode Island.

• T-Mobile expects to put astir $700 cardinal for a 50% involvement successful ‌this JV aft it ​closes successful the 2nd fractional ​of 2026.

• Together, ​the partnerships volition widen T-Mobile's fibre ‌footprint to much than ​1 cardinal ​additional homes nationwide, supporting its people of 18 cardinal to 19 cardinal broadband customers ​by 2030, including ‌3 cardinal to 4 cardinal connected ​fiber.

(Reporting by Harshita Mary Varghese successful Bengaluru; ​Editing by Mrigank Dhaniwala)