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What will be the primary source of funding for T-Mobile's $4.9 billion investment in the joint venture by the end of 2024?
3
Resolution / Starting Odds
Equity financing • 25%
Debt financing • 25%
Internal funds • 25%
Other • 25%
Official financial reports or press releases from T-Mobile
Story
T-Mobile and KKR Form Joint Venture to Acquire Metronet for $4.9 Billion, Expanding Fiber Solutions to 6.5 Million Homes
Jul 24, 2024, 01:22 PM
T-Mobile and KKR have announced a joint venture to acquire Metronet, a fiber broadband provider. T-Mobile will invest approximately $4.9 billion to buy a 50% equity stake in the joint venture. Metronet currently reaches over 2 million homes and businesses across 17 states and is expected to expand to 6.5 million homes by 2030. The acquisition includes 100% of Metronet's existing retail fiber operations and customers. The sellers of Metronet are Oak Hill and the Cinelli family. The joint venture aims to offer leading fiber solutions to more U.S. consumers.
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Network expansion • 25%
Debt repayment • 25%
Share buybacks • 25%
Other uses • 25%
Yes • 50%
No • 50%
Debt Financing • 25%
Equity Financing • 25%
Cash Reserves • 25%
Mixed Financing • 25%
Venture Capital Firms • 25%
Private Equity • 25%
Individual Investors • 25%
Corporate Investors • 25%
T-Mobile • 25%
NVIDIA • 25%
Ericsson • 25%
Nokia • 25%
T-Mobile • 25%
OpenAI • 25%
NVIDIA • 25%
Ericsson • 25%
Merger with another telecom company • 25%
Acquisition of a smaller company • 25%
Acquisition by another company • 25%
No merger or acquisition • 25%
Vision Fund • 25%
Capital Projects • 25%
Arm Holdings • 25%
Other • 25%
Private Investors • 25%
Government Grants • 25%
Corporate Bonds • 25%
Bank Loans • 25%
Another telecom company • 25%
Technology sector • 25%
Media sector • 25%
Other sectors • 25%