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Starry Group Holdings (STRY) Stock News, Mar-Apr 2022

STRY NYSE
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Starry Group Holdings, Inc. (NYSE: STRY) will hold a conference call on May 12, 2022 at 8:30 a.m. ET to discuss its Q1 2022 financial results. A press release will precede the call. Interested parties can join via telephone or listen to the live webcast on Starry's Investor Relations site. The company aims to provide high-speed, affordable broadband through its innovative fixed wireless technology, ensuring open access and privacy for its users.

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Starry, a licensed fixed wireless broadband provider, announced the appointment of Ben Barrett as Vice President of Investor Relations. Barrett, with over 23 years of experience, previously led investor relations at Compass and worked at T-Mobile. His role will focus on building Starry's investor relations team as the company navigates its public company status. CEO Chet Kanojia and CFO Komal Misra expressed their enthusiasm for Barrett's expertise in telecommunications to support Starry’s growth and customer-centric mission.

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Starry became a publicly listed company on the NYSE under the ticker symbol STRY following its merger with FirstMark Horizon Acquisition Corp. on March 29, 2022. Co-founder and CEO Chet Kanojia emphasized the company's mission to enhance broadband access through innovative, affordable solutions. With a gigabit network deployed across six U.S. cities, Starry aims to expand its services to more households. The executive team boasts significant experience in technology and telecommunications, positioning Starry for growth in the competitive broadband market.

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Starry, Inc. and FirstMark Horizon Acquisition Corp. have successfully announced their business combination, which will take Starry public under the ticker symbol STRY on the NYSE starting from March 29, 2022. The transaction values Starry at $1.76 billion, with gross proceeds totaling $176 million. FirstMark shareholders demonstrated overwhelming support, approving the deal with 93.9% of votes cast. Starry aims to enhance broadband access across America leveraging its innovative fixed wireless technology. Chet Kanojia will continue as CEO, driving the company's growth strategy.

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FAQ

What is the market cap of Starry Group Holdings (STRY)?

The market cap of Starry Group Holdings (STRY) is approximately $1.3M.