T-Mobile in its $2 billion investment in a 50/50 joint venture with Oak Hill to acquire and combine GoNetspeed and Greenlight Networks

On April, 28, 2026, T-Mobile (NASDAQ: TMUS), America’s 5G leader and fastest growing broadband provider, and Oak Hill, a private equity firm with deep digital infrastructure experience, have agreed to form a 50/50 JV through which T-Mobile will acquire a 50% stake in a joint venture integrating two of Oak Hill’s existing fiber portfolio companies, GoNetspeed and Greenlight.  At the closing, T-Mobile expects to invest approximately $2.0 billion to acquire a 50% equity interest in the joint venture and substantially all existing residential fiber customers.

Wachtell, Lipton, Rosen & Katz is serving as legal counsel to T-Mobile.