Divestiture • Communications

Metro Communications Acquires Clearwave Fiber’s Southern Illinois Operations

On November 6, 2025, Metro Communications acquired communications company Clearwave Fiber’s Southern Illinois Operations from Clearwave Fiber

Acquisition Context
  • This is Metro Communications’ 1st transaction in the Communications sector.
  • This is Metro Communications’ 1st transaction in the United States.
  • This is Metro Communications’ 1st transaction in Illinois.

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M&A Deal Summary

Date November 6, 2025
Target Clearwave Fiber’s Southern Illinois Operations
Sector Communications
Buyer(s) Metro Communications
Sellers(s) Clearwave Fiber
Deal Type Divestiture

Target Company

Clearwave Fiber’s Southern Illinois Operations

Illinois, United States
Clearwave Fiber’s Southern Illinois Operations offers a fiber optic network to enterprise, carrier, small business, and consumer customers.
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Buyer Overview 1

Buyer

Metro Communications

Sullivan, Illinois, United States

Category Company
Founded 2000
Sector Communications
DESCRIPTION

Metro Communications provides fiber-optic internet, hosted voice, private network, and SIP trunking services to businesses, schools, and wholesale clients across Central Illinois. The Company designs, builds, and operates a regional fiber network serving enterprise and wireless markets. Metro Communications was founded in 2000 and is headquartered in Sullivan, Illinois.


Deal Context for Buyer #
Overall 1 of 1
Sector: Communications 1 of 1
Type: Divestiture 1 of 1
State: Illinois 1 of 1
Country: United States 1 of 1
Year: 2025 1 of 1

Seller Profile 1

SELLER

Clearwave Fiber

Savannah, Georgia, United States

Category Company
Founded 2022
Sector Communications
DESCRIPTION

Clearwave Fiber is a rural broadband provider serving communities in Illinois, Florida, Alabama, Georgia and South Carolina. Clearwave Fiber was founded in 2022 and is based in Savannah, Georgia.


Deal Context for Seller #
Overall 1 of 1
Sector: Communications 1 of 1
Type: Divestiture 1 of 1
State: Illinois 1 of 1
Country: United States 1 of 1
Year: 2025 1 of 1