Metronet
Financials
Estimates*
EUR | 2015 | 2016 |
---|---|---|
Revenues | <1m | <1m |
% growth | - | 38 % |
Profit | <1m | (<1m) |
% profit margin | 2 % | (26 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Acquisition | ||
N/A | Growth Equity VC | ||
Total Funding | - |
Recent News about Metronet
EditMetronet Inc. is a telecommunications company specializing in providing 100% fiber-optic internet services and enhanced WiFi solutions to residential customers. Operating primarily in the United States, Metronet serves households looking for high-speed, reliable internet connectivity. The company offers a range of internet plans, including symmetrical speeds of 100Mb, 500Mb, and 1 Gig, ensuring that there is an option for every type of user, from casual browsers to heavy streamers and gamers.
Metronet's business model revolves around subscription-based services, where customers pay a monthly fee for their chosen internet plan. Additional services include WholeHome WiFi, which ensures that WiFi signals reach every corner of the home, and personalized video streaming recommendations to help customers find the best streaming options for their needs. The company also offers tools like speed tests to help users monitor their internet performance.
Metronet makes money through these subscription fees and by offering value-added services such as enhanced WiFi and personalized streaming recommendations. The company aims to provide a seamless and high-quality internet experience, leveraging its 100% fiber-optic network to deliver superior speed and reliability.
Keywords: fiber-optic internet, high-speed internet, enhanced WiFi, residential customers, symmetrical speeds, WholeHome WiFi, streaming recommendations, subscription-based, internet performance, U.S. market.