M&A Deal Summary

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 Highlights
  • 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.

M&A Deal Summary

Date 2025-11-06
Target Clearwave Fiber’s Southern Illinois Operations
Sector Communications
Buyer(s) Metro Communications
Sellers(s) Clearwave Fiber
Deal Type Divestiture

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 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 STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1