T-Mobile has taken a significant step toward expanding its broadband portfolio by seeking FCC approval for the acquisition of Metronet. Here are the key details:

1. Joint Venture with KKR:

   • T-Mobile has entered into a definitive agreement with leading global investment firm KKR to establish a joint venture (JV).

   • The JV will acquire Metronet, including its broadband infrastructure, rapidly growing residential fiber business operations, and existing customers.

   • As part of the transaction, the JV will also acquire Oak Hill Capital’s existing stake in Metronet.

2. Metronet’s Position:

   • Metronet is a fast-growing pure play fiber company in the U.S.

   • It operates as an independent fiber-to-the-home (FTTH) operator, reaching over 2 million homes and businesses across 17 states.

   • Metronet’s state-of-the-art broadband platform positions it as a leader in the industry.

3. Post-Transaction Plans:

   • After the transaction closes, Metronet will become a wholesale services provider for its retail customers.

   • 100% of its residential fiber retail operations and customers will transition to T-Mobile.

   • T-Mobile will focus on customer acquisition and support, leveraging its retail expertise.

   • Metronet will handle build plans, network engineering, deployment, and customer installation.

4. Future Expansion:

   • Metronet is expected to be self-funding going forward.

   • By the end of 2030, it aims to reach 6.5 million homes passed with its fiber broadband services.

This strategic move allows T-Mobile to profitably expand its broadband offerings and provide fast, reliable connectivity to more U.S. consumers.

Old phones to become obsolete as T-Mobile is shutting down 2G network

T-Mobile’s 2G Network Shutdown and Upgrade Options

T-Mobile has finally set a date for shutting down its 2G network, a move that has been anticipated for some time. Let’s dive into the details:

1. Background:

   • The second generation of mobile networks (2G) was introduced in the early 1990s when Nokia was the coolest phone company.

   • With modern phones now supporting 4G and 5G, it’s time for 2G to go.

2. Shutdown Timeline:

   • Initially, T-Mobile planned to phase out its 2G network on April 2, but earlier this year, it decided to delay the closure.

   • Now, the company is apparently withdrawing support for 2G devices beginning next month.

3. Coverage Changes:

   • Eagle-eyed Reddit users noticed that 2G coverage shrank significantly between July and August.

   • T-Mobile updated its Network Evolution page, stating that the capacity and coverage of its 2G network “is expected to change starting as early as September 1, 2024.”

   • This suggests that T-Mobile has already begun shutting down its 2G network.

4. Upgrade Options:

   • If you’re still using an old 2G phone, it’s time to consider upgrading to a phone that’s at least 4G-capable.

   • T-Mobile is making the transition easier for users by forgoing SIM fees, device connectivity charges, and associated taxes.

   • In some cases, T-Mobile might even offer an affordable phone for free to encourage users to ditch their 2G devices.

5. Why the Delay?:

   • One reason T-Mobile delayed killing off its 2G network is that it still works in many parts of the world, including Europe.

   • However, this isn’t a good reason to stick with a 2G phone.

   • 2G is inherently insecure, as it was developed without considering risks like rogue cell towers or the importance of strong encryption.

6. Be Prepared:

   • Although T-Mobile hasn’t explicitly mentioned the word “shutdown,” it’s wise to have a replacement ready.

   • Otherwise, you might find yourself without signals when the 2G network eventually goes offline.

Remember, upgrading to a more modern phone ensures better security, faster speeds, and compatibility with the latest technologies.