Verizon to Acquire Fixed Wireless Services Provider Starry

"Starry has demonstrated a unique and efficient approach to delivering high-speed internet in complex MDU environments. By integrating their technology and expertise, we will accelerate our fixed wireless access capabilities, giving millions of new customers a powerful and affordable broadband option. This architecture is less expensive to build, quicker to deploy, and uniquely addresses the complexities of urban settings where we can leverage our existing fiber and mmWave assets."

"Verizon has agreed to acquire fixed wireless broadband services provider Starry for an undisclosed price. Starry currently serves nearly 100,000 multi-dwelling unit (MDU) customers in five markets: Boston, New York, Los Angeles, Denver, and Washington, D.C. Subject to regulatory approval, the deal is expected to close in the first quarter of next year. Verizon calls the acquisition of Starry a strategic move that will help advance the company's ability to provide high-speed internet MDUs and urban communities, using Starry's millimeter wave technology."

Verizon agreed to acquire fixed wireless broadband provider Starry for an undisclosed price. Starry serves nearly 100,000 multi-dwelling unit (MDU) customers across Boston, New York, Los Angeles, Denver, and Washington, D.C. The transaction is subject to regulatory approval and is expected to close in the first quarter of next year. The acquisition aims to advance high-speed internet delivery to MDUs and urban communities by leveraging Starry's millimeter wave technology alongside Verizon's existing fiber and mmWave assets. The integrated approach is positioned as less expensive to build, quicker to deploy, and capable of accelerating fixed wireless access to millions of customers. Verizon also launched a 6G Innovation Forum with major vendors to identify future use cases and network technologies.

Read at Telecompetitor