Mereo Networks has acquired Dish Fiber from Dish Network Corporation.

As part of the deal, Mereo announced that it will rebrand to Mereo Fiber.

Financial terms of the transaction, which closed on April 30, were not disclosed.

Dish Fiber, a subsidiary of Dish Network, serves more than 25,000 residential units across 33 states.

Phoenix-based Mereo stated that the deal will expand its customer base to 80,000 across 37 US states.

Founded in 2000, initially as Broadband Holdings LLC, Mereo offers fiber Internet, data integration, and content services.

In 2023, Mereo received a significant growth investment from Macquarie Capital, WaveDivision Capital, and Freedom 3 Capital.

"The acquisition of Dish Fiber represents a transformational milestone for our business," said Matt Ostrega, CEO of Mereo Fiber.

"Dish Fiber is highly complementary to Mereo and allows us to pair their impressive scale with our industry-leading customer service model. Our combined capabilities position Mereo Fiber to set a new bar for what communities should expect from a connectivity partner - performance, reliability, and personal service at every touchpoint."

Dish launched its Fiber business in 2019, aimed at multi-family communities.

"We are excited to support Mereo Fiber as it continues its rapid expansion in the bulk fiber market," said Sam Southall, managing director, infrastructure and energy capital at Macquarie Capital. "The acquisition of Dish Fiber meaningfully increases scale and reach in some of the fastest-growing markets in the US, positioning Mereo Fiber as a clear leader in next-generation community connectivity."

Dish Network's parent company EchoStar has instead turned its attention to its 5G Standalone rollout in the US.

In 2023, the company achieved its target to reach 70 percent of the US population, before gaining an extension to cover 80 percent of the country's population with 5G last year.