Verizon acquires Starry’s mmWave fixed wireless network serving apartments in five major US cities.
Verizon is taking another big step to strengthen its fixed wireless business and bring in more customers – this time through a fresh acquisition.
The carrier announced a deal to acquire Starry, a company known for its next-gen fixed wireless broadband tech. The move should help Verizon expand faster in multi-dwelling units (MDUs) and dense city areas by tapping into Starry’s millimeter-wave technology and already established network footprint.
The deal makes a lot of sense for Verizon, given its huge fiber infrastructure and large mmWave spectrum holdings – both key ingredients for delivering ultra-fast, high-capacity internet in apartment-heavy neighborhoods and urban zones.
Starry currently serves close to 100,000 MDU customers across Boston, New York, Los Angeles, Denver, and Washington, D.C. The company’s network could give Verizon a solid head start in expanding its fixed wireless access (FWA) coverage, and its Net Promoter Score (NPS) is reportedly almost double the industry average.
