Deals Counterparts

Verizon closes acquisition of Starry Internet

Acquisition Telecom announced Boston, New York, Los Angeles, Denver, Washington DC, US Mar 10, 2026
operating
Stage
Starry Internet
Project

Verizon has closed its acquisition of ISP Starry Internet, a deal confirmed by Verizon's EVP and CFO Tony Skiadas on March 10, 2026. This acquisition aims to boost Verizon's multiple-dwelling unit (MDU) business and expand its fixed wireless access (FWA) footprint by leveraging Starry's millimeter wave technology and existing network serving nearly 100,000 MDU customers in five markets.

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Deal Analysis

Verizon, a global leader in 5G and fiber, just closed its acquisition of Starry Internet, a move confirmed by EVP & CFO Tony Skiadas on March 10, 2026. This deal directly targets Verizon's multiple-dwelling unit business, aiming to significantly expand its fixed wireless access footprint. By integrating Starry's millimeter wave technology and its network serving nearly 100,000 MDU customers across five markets, Verizon gains immediate traction in a key growth area. It's a clear play to deepen their reach into urban residential buildings with high-speed wireless.
  • Confirmed by Verizon EVP & CFO Tony Skiadas on March 10, 2026.
  • Starry brings nearly 100,000 MDU customers across five markets.
  • Deal leverages Starry's millimeter wave technology.
  • Acquisition value not disclosed.

Source Intelligence

KEY DETAILS

The deal was confirmed as completed on March 10, 2026. The acquisition aims to boost Verizon's multiple-dwelling unit (MDU) business and expand its fixed wireless access (FWA) footprint by leveraging Starry’s millimeter wave technology. Starry was founded in 2014, launched in Boston in 2016, filed for Chapter 11 bankruptcy in February 2023, and emerged as a privately-held company in September 2023. Starry exited Columbus, Ohio, in 2023. Starry provides fixed wireless broadband to residential and small and medium-sized businesses from towers and rooftops, aiming to offer gigabit speeds via its wireless mmWave technology. Starry currently serves nearly 100,000 MDU customers in five markets.

Deal Size
Verizon announced the acquisition back in October, but didn't disclose financial terms.
Location
Starry currently serves nearly 100,000 MDU customers in five markets: Boston, New York, Los Angeles, Denver, and Washington DC.
Financials
Verizon announced the acquisition back in October, but didn't disclose financial terms.
Announcement
Verizon announced the acquisition back in October
PARTIES MENTIONED IN SOURCE
V
Verizon buyer

"Verizon has closed its acquisition of ISP Starry Internet."

S
Starry Internet seller

"Verizon has closed its acquisition of ISP Starry Internet."

medium quality Enriched Mar 11, 2026

Timeline

Announced
Mar 10, 2026
Signed
Closed

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