What is Verizon acquiring?
Verizon is acquiring Starry, a fixed wireless broadband provider.
Business / Telecommunications
Verizon Communications Inc. (NYSE, Nasdaq: VZ) has announced a definitive agreement to acquire Starry, a Boston-based fixed wireless broadband provider. This acquisition aims to bolster Verizon's ability to deliver high-speed internet to mu...
Verizon's acquisition of Starry is a strategic move to enhance its fixed wireless access (FWA) capabilities. Starry's focus on multi-dwelling units (MDUs) aligns with Verizon's goal to extend its broadband services in dense urban areas. By integrating Starry's millimeter wave technology, Verizon can offer high-speed internet with a less expensive and quicker deployment approach.
Verizon is also focused on strengthening its fiber assets. Verizon’s proposed acquisition of Frontier Communications Parent, Inc. FYBR, the largest pure-play fiber provider in the United States, will likely extend Verizon’s fiber footprint across the country and enable it to deliver premium mobility and broadband services to customers.
The company's 5G network hinges on three fundamental drivers to deliver the full potential of next-generation wireless technology. These are massive spectrum holdings, particularly in the millimeter-wave bands for faster data transfer, end-to-end deep fiber resources and the ability to deploy a large number of small cells.
VZ stock has declined 5% in the past year against the industry’s growth of 25.86.3%. It has lagged peers like AT&T Inc. T and T-Mobile US Inc. TMUS over this time frame.
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**Who This Affects Most:**
Verizon is acquiring Starry, a fixed wireless broadband provider.
To expand its high-speed internet services to multi-dwelling units (MDUs) and urban areas.
By the first quarter of 2026.
Boston, New York, Los Angeles, Denver, and Washington, D.C.
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