MetroNet to Acquire Jaguar Communications
MetroNet Holdings, LLC, the parent company of MetroNet, a 100% fiber optic communications provider, announced that it has entered into a definitive agreement to acquire Jaguar Communications (“Jaguar”). Based in Owatonna, Minnesota, Jaguar has an extensive fiber network throughout Southern Minnesota that serves both residential and commercial customers with fiber-based voice, video and high speed broadband services.
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The transaction is expected to close in the coming months after regulatory approval. Additional information will be released following that approval.
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Founded in 1999 by a group of seven individuals, Jaguar Communications was created to provide advanced telecommunications to Southeastern Minnesota. Jaguar delivers voice, video, and broadband telecommunication services on a 2,000-mile fiber optic network ring serving customers in 13 counties.
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