Verizon is acquiring Starry, a wireless ISP utilizing fixed wireless technology, to enhance its broadband offerings in multi-dwelling units across major cities like New York City and Los Angeles.
- Verizon Communications announced its acquisition of Starry, which employs extremely high frequency antennas for internet access, on Wednesday to bolster its broadband capabilities.
- Starry provides home internet in cities including Boston, Denver, Los Angeles, and Washington, D.C., targeting apartments and condominiums with its fixed wireless technology.
- The acquisition is part of Verizons strategy to expand high-speed internet services, particularly in urban areas where multi-dwelling units are prevalent.
Why It Matters
This acquisition underscores Verizons commitment to enhancing broadband accessibility, particularly in densely populated areas, reflecting a growing trend in the telecommunications industry towards expanding wireless internet solutions.