US EditionWhat's Going On With Verizon Stock Wednesday? - Verizon Communications (NYSE:VZ)
Verizon aims to enhance urban fixed wireless internet by integrating Starry’s technology to reach over 100,000 customers and expand in multi-dwelling units, pending FCC approval.
- On Oct. 8, 2025, Verizon announced it is buying fixed wireless provider Starry, saying the purchase advances its mobility and broadband leadership.
- After financial setbacks, Starry launched in 2016 with an antenna-based approach but later faced layoffs and a 2023 Chapter 11 bankruptcy.
- Starry's network uses millimeter-wave spectrum and proprietary beam-forming technology, serving about 100,000 customers in MDUs across Boston, New York, Los Angeles, Denver, and Washington, D.C.
- Verizon said the acquisition will push fixed wireless coverage toward 90 million households and grow subscribers to 8 to 9 million by 2028, leveraging its fiber backbone and mmWave holdings in MDUs.
- The announcement came two days after Verizon replaced Hans Vestberg with Dan Schulman, Verizon CEO, and the deal is subject to Federal Communications Commission approval.
11 Articles
11 Articles
Verizon buys the not-quite-5G wireless ISP Starry to expand wireless broadband
Verizon is acquiring Starry, the ISP that delivers home internet using antennas and millimeter wave technology. The acquisition “advances” Verizon’s ability to offer high-speed internet in apartments, condominiums, and other multi-dwelling units, the company said on Wednesday. Starry made its debut in Boston in 2016, offering gigabit speeds via its unconventional approach to internet connectivity. Instead of carrying connectivity across a web of…
Verizon buys Starry to expand its wireless broadband footprint
Verizon is buying the smaller broadband carrier Starry for an undisclosed sum. The acquisition is expected to close by the first quarter of 2026, but is subject to FCC approval. Verizon has already done some work to appease the US government by ending DEI initiatives, so the FCC is likely to give this merger its stamp of approval. This acquisition should help Verizon expand its wireless broadband footprint throughout the country. Starry speciali…
Verizon Will Expand 5G Home Internet by Acquiring Starry
Verizon announced today that it will acquire Starry, a provider of next-generation fixed wireless broadband services. The acquisition will allow Verizon to grow its ability provide high-speed internet to more communities and apartment buildings. “As the #1 mobility provider, Verizon’s acquisition of Starry is another step to extend our leadership in mobility and broadband,” said Joe […] The post Verizon Will Expand 5G Home Internet by Acquiring …
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