MetroNet Fiber acquires LightSpeed Fiber

US regional operator MetroNet Fiber, which provides broadband, pay-TV and VoIP services in more than 50 cities in Indiana, Illinois and Kentucky, has announced the acquisition of Lansing-based LightSpeed Fiber Communications, which serves Lansing, Grand Rapids, Southfield, Huntington Woods and Ypsilanti, and operates a 2,400-mile backbone which spans from Chicago to Atlanta to Washington, DC. The combination of the two companies will extend MetroNet’s footprint into Michigan, where the company plans to bring its TV and phone service to LightSpeed’s internet-only customers and invest up to USD100 million in the further expansion of its Michigan markets. The terms of the deal have not been disclosed.