Core Insights - Verizon Communications Inc. has announced a definitive agreement to acquire Starry, a provider of next-generation fixed wireless broadband services, enhancing its ability to deliver high-speed internet to multi-dwelling units (MDUs) and urban communities [2][3] - The acquisition is expected to close by the first quarter of 2026, pending FCC approval and other customary conditions [4][8] Company Overview - Verizon is positioned as the 1 mobility provider and aims to extend its leadership in mobility and broadband through this acquisition [3] - Starry currently serves nearly 100,000 MDU customers across five markets: Boston, New York, Los Angeles, Denver, and Washington, D.C. [4] - Starry's Net Promoter Score (NPS) is nearly double the industry average, indicating strong customer satisfaction [4] Strategic Implications - The integration of Starry's innovative millimeter wave technology will accelerate Verizon's fixed wireless access capabilities, providing a powerful and affordable broadband option to millions of new customers [3] - Verizon's existing fiber backbone and extensive mmWave spectrum holdings are crucial for delivering high capacity and ultra-fast speeds in dense urban environments [3] Market Potential - The acquisition aligns with Verizon's goal to double its fixed wireless subscribers to 8-9 million by 2028 and expand fixed wireless broadband availability to 90 million households within the same timeframe [8]