Verizon closes acquisition of Starry Internet

Verizon's acquisition of Starry Internet significantly bolsters its fixed wireless access (FWA) capabilities and expands its multi-dwelling unit (MDU) business across key US urban markets. This move allows Verizon, a global leader in telecommunications, to integrate Starry's proprietary network and existing customer base in Boston, New York, Los Angeles, Denver, and Washington DC, directly enhancing its advanced communications and technology solutions portfolio. The commercial logic centers on leveraging Starry's operational infrastructure to accelerate Verizon's FWA rollout and deepen its penetration in high-density residential and business areas, aligning with its focus on 5G, fiber optics, and IoT services. While the deal's value remains undisclosed, the strategic benefit for Verizon in expanding its broadband footprint is clear, as confirmed by EVP Tony Skiadas on March 10, 2026. This transaction provides Verizon with immediate operational scale in specific geographies, integrating a Boston-based telecommunications company founded in 2014 that has developed its own fixed wireless broadband internet services. For Starry Internet, the acquisition by Verizon, a global leader in broadband services, represents an exit for an operating-stage project that had established a presence in five major US cities. Verizon's motivation stems from its ongoing commitment to providing advanced communications solutions, where Starry's existing network and customer base offer a direct pathway to expand its FWA and MDU offerings, complementing its existing 5G and fiber optic investments. The deal allows Verizon to consolidate a competitor's assets and expertise, further solidifying its position in the competitive US broadband landscape.