Verizon announced its acquisition of Starry, a fixed wireless access provider specializing in mmWave spectrum for urban multi-dwelling units. This move complements Verizon’s FWA efforts and utilizes its investment in mmWave. Starry, known for pioneering FWA service with high-band spectrum, faced financial challenges but now focuses on core markets. While the deal lacks scale, Verizon gains technical expertise in mmWave FWA. The timing coincides with a CEO change, raising questions about Verizon’s capacity. The acquisition aims to enhance Verizon’s MDU offerings and maximize returns on mmWave investments, aligning with new leadership’s focus on efficient returns.

Read more at Yahoo Finance: Verizon aims to expand FWA pitch via Starry purchase