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Oak Hill Investment to Accelerate NetSpeed's Fiber Deployment


January 22, 2021
NetSpeed LLC, a fiber-to-the-premises operator serving residential and business customers in Connecticut and Pennsylvania, announced a partnership with Oak Hill Capital, which will allow NetSpeed to accelerate the expansion of its fiber network throughout the Northeastern United States.
“This agreement gives NetSpeed the ability to significantly expand our business in the Northeast with the support of a partner who has a long history of investing in telecommunications companies with great potential,” said Frank Chiaino, founder and CEO of NetSpeed.
Oak Hill is an experienced investor in the fiber-to-the-premises space. The firm’s current and recently announced investments include Metronet, a leading fiber-to-the-premises operator based in the Midwestern U.S.; Vexus Fiber, an expanding fiber-to-the-premises provider in Texas; Race Communications, a growing fiber-to-the-premises business in California; and recently announced, separate agreement ....

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