Verizon accelerates fixed wireless broadband expansion with acquisition of Starry
Verizon (VZ) agreed to acquire Starry, a fixed wireless broadband provider focused on multi‑dwelling units (MDUs), in a deal expected to close by Q1 2026 subject to FCC approval and customary closing conditions.
Starry serves nearly 100,000 MDU customers across Boston, New York, Los Angeles, Denver and Washington, D.C., and uses millimeter‑wave technology. Verizon said the acquisition will help accelerate its plan to double fixed wireless subscribers to 8–9 million and expand fixed wireless availability to 90 million households by 2028, leveraging Verizon’s fiber backbone and mmWave spectrum.
Verizon (VZ) ha accettato di acquisire Starry, fornitore di broadband a wireless fisso focalizzato su unità abitative multiple (MDU), in un accordo previsto per chiudersi entro il Q1 2026 soggetto all'approvazione FCC e alle condizioni di chiusura abituali.
Starry serve quasi 100.000 clienti MDU in Boston, New York, Los Angeles, Denver e Washington, D.C., e utilizza la tecnologia a onde millimetriche. Verizon ha detto che l'acquisizione aiuterà ad accelerare il piano di raddoppiare gli abbonati al fixed wireless a 8–9 milioni e ad espandere la disponibilità del fixed wireless a 90 milioni di famiglie entro il 2028, sfruttando la dorsale in fibra di Verizon e lo spettro mmWave.
Verizon (VZ) acordó adquirir Starry, un proveedor de banda ancha inalámbrica fija centrado en unidades habitacionales múltiples (MDU), en un acuerdo que se espera cierre para el PRIMER TRIMESTRE DE 2026, sujeto a la aprobación de la FCC y a las condiciones habituales de cierre.
Starry atiende a casi 100,000 clientes MDU en Boston, Nueva York, Los Ángeles, Denver y Washington, D.C., y utiliza tecnología de ondas milimétricas. Verizon dijo que la adquisición ayudará a acelerar su plan de duplicar los suscriptores de fixed wireless a 8–9 millones y a ampliar la disponibilidad de fixed wireless a 90 millones de hogares para 2028, aprovechando la espina dorsal de fibra de Verizon y el espectro mmWave.
버라이즌(VZ)은 다세대 주택 단지(MDU)에 초점을 맞춘 고정 무선 브로드밴드 공급업체 Starry를 인수하기로 합의했으며, 2026년 1분기 내에 거래를 종결할 것으로 예상되며 FCC의 승인 및 일반적인 종결 조건을 전제합니다.
Starry는 보스턴, 뉴욕, 로스앤젤레스, 덴버, 워싱턴 D.C. 전역에서 거의 10만 MDU 고객을 보유하고 있으며 밀리미터파(millimeter-wave) 기술을 사용합니다. Verizon은 인수를 통해 고정 무선 가입자 수를 8~9백만으로 두 배로 늘리고 2028년까지 가구 수 9천만으로 Fixed Wireless 가용성을 확장하는 계획을 가속화할 것이라고 밝혔으며, Verizon의 광섬유 백본과 mmWave 대역을 활용할 예정이라고 설명했습니다.
Verizon (VZ) a accepté d'acquérir Starry, un fournisseur de bande passante fixe sans fil axé sur les immeubles collectifs (MDU), dans le cadre d'un accord qui devrait être clôturé au premier trimestre 2026, sous réserve de l'approbation de la FCC et des conditions de clôture habituelles.
Starry dessert près de 100 000 clients MDU dans Boston, New York, Los Angeles, Denver et Washington, D.C., et utilise une technologie millimétrique. Verizon a déclaré que l'acquisition aidera à accélérer son plan de doubler les abonnés Fixed Wireless à 8–9 millions et à étendre la disponibilité du fixed wireless à 90 millions de foyers d'ici 2028, en tirant parti de l'infrastructure en fibre de Verizon et du spectre mmWave.
Verizon (VZ) hat zugestimmt, Starry zu übernehmen, einen Anbieter von festem Wireless-Breitband, der sich auf Mehrfamilienhäuser (MDU) konzentriert, in einem Deal, der voraussichtlich bis Q1 2026 abgeschlossen sein wird, vorbehaltlich der FCC‑Genehmigung und der üblichen Abschlussbedingungen.
Starry bedient fast 100.000 MDU-Kunden in Boston, New York, Los Angeles, Denver und Washington, D.C. und verwendet Millimeterwellen-Technologie. Verizon sagte, die Übernahme werde dazu beitragen, seinen Plan zu beschleunigen, Fixed Wireless-Abonnenten auf 8–9 Millionen zu verdoppeln und die Verfügbarkeit von Fixed Wireless auf 90 Millionen Haushalte bis 2028 auszubauen, indem Verizon's Glasfaserrückgrat und mmWave-Spektrum genutzt werden.
فيريزون (VZ) وافقت على الاستحواذ على Starry، مزود النطاق العريض اللاسلكي الثابت الذي يركز على المباني متعددة القاطنين (MDU)، في صفقة من المتوقع أن يتم إغلاقها بحلول الربع الأول من 2026 رهناً بموافقة لجنة الاتصالات الفدرالية (FCC) والشروط المعتادة لإغلاق الصفقة.
تخدم Starry ما يقرب من 100,000 عميل MDU في بوسطن ونيويورك ولوس أنجلوس ودنفر وواشنطن العاصمة، وتستخدم تكنولوجيا المليميتر. ذكرت Verizon أن الاستحواذ سيساعد في تسريع خطتها لـ مضاعفة مشتركي Fixed Wireless إلى 8–9 ملايين وتوسيع توفر Fixed Wireless إلى 90 مليون أسرة بحلول 2028، بالاعتماد على بنية Verizon الأساسية من الألياف ونطاق mmWave.
Verizon (VZ) 已同意收购 Starry，一家专注于多户住宅单位（MDU）的固定无线宽带提供商，交易预计将在2026年第一季度完成，需经FCC批准及常规成交条件。
Starry 在波士顿、纽约、洛杉矶、丹佛及华盛顿特区等地为近10万MDU客户提供服务，采用毫米波技术。Verizon表示，此次收购将帮助加速其将固定无线用户数 翻倍至800万-900万的计划，并在到2028年将固定无线覆盖扩展至9000万户家庭，利用Verizon的光纤骨干网和毫米波频谱。
- Targets doubling FWA subscribers to 8–9 million by 2028
- Plans to expand FWA availability to 90 million households by 2028
- Adds nearly 100k MDU customers in five markets
- Acquires Starry mmWave technology and MDU network expertise
- Leverages Verizon’s fiber backbone and mmWave spectrum
- Transaction subject to FCC approval and customary closing conditions
Insights
Acquisition expands Verizon's fixed wireless reach into MDUs and supports its 2028 subscriber and availability targets.
Verizon's purchase of Starry brings an existing MDU footprint of nearly 100k customers across Boston, New York, Los Angeles, Denver and Washington, D.C., and adds Starry’s millimeter-wave technology expertise. The deal leverages Verizon’s stated strengths: its fiber backbone and mmWave spectrum holdings, which the company says are required to deliver high capacity in dense urban settings. Verizon expects the acquisition to close by
Risks and dependencies are explicit and narrow: regulatory approval and successful integration of Starry’s MDU deployment model into Verizon’s network and operations. The announcement ties the deal directly to Verizon’s plan to double fixed wireless subscribers to 8-9 million and expand availability to 90 million households by
Additional Fixed Wireless Access capabilities delivering more choice, value and flexibility for consumers
Key Highlights:
- Starry is a fixed wireless broadband provider serving multi-dwelling units (MDUs) in five markets, including Boston, Denver, Los Angeles, New York and Washington, D.C.
- The MDU solution will accelerate Verizon’s plan to double its fixed wireless subscribers to 8-9 million by 2028 and expand fixed wireless broadband availability to 90 million households in the same time period.
- Acquisition expected to close by first-quarter 2026.
NEW YORK, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced a definitive agreement to acquire Starry, a leading provider of next-generation fixed wireless broadband services. This strategic acquisition advances Verizon's differentiated ability to deliver high-speed internet to multi-dwelling units (MDUs) and urban communities, leveraging Starry’s innovative millimeter wave technology.
"As the #1 mobility provider, Verizon’s acquisition of Starry is another step to extend our leadership in mobility and broadband,” said Joe Russo, EVP and President, Global Networks and Technology, Verizon. "Starry has demonstrated a unique and efficient approach to delivering high-speed internet in complex MDU environments. By integrating their technology and expertise, we will accelerate our fixed wireless access capabilities, giving millions of new customers a powerful and affordable broadband option. This architecture is less expensive to build, quicker to deploy, and uniquely addresses the complexities of urban settings where we can leverage our existing fiber and mmWave assets."
This strategic acquisition advances Verizon's differentiated ability to deliver high-speed internet to multi-dwelling units (MDUs) and urban communities, leveraging Starry’s innovative millimeter wave technology and established market presence. Verizon is uniquely positioned to accelerate this expansion because of its significant fiber backbone and extensive holdings of mmWave spectrum, which are essential for providing the high capacity and ultra-fast speeds required to serve dense urban environments and apartment complexes.
Starry currently serves nearly 100k MDU customers in five markets: Boston, New York, Los Angeles, Denver, and Washington, D.C., and its MDU network provides a significant opportunity to expand Verizon’s FWA footprint. Starry has a Net Promoter Score (NPS) that is nearly double the industry average.
The acquisition is expected to close by first-quarter 2026, subject to FCC approval and other customary closing conditions.
Advisors
Guggenheim Securities, LLC acted as exclusive financial advisor to Starry.
About Verizon
Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of
About Starry
At Starry, we believe the future is built on connectivity and that connecting people and communities to high-speed, broadband internet should be simple and affordable. Using our innovative, wideband hybrid-fiber fixed wireless technology, Starry is deploying gigabit capable broadband to the home without bundles, data caps, or long-term contracts. Headquartered in Boston, Starry is currently available in Boston, New York City, Los Angeles, Washington, DC, and Denver. To learn more about Starry, visit: https://starry.com/.
Forward Looking Statements
In this communication, we have made forward-looking statements. These statements are based on our estimates and assumptions and are subject to risks and uncertainties. Forward-looking statements include the information concerning our possible or assumed future results of operations. Forward-looking statements also include those preceded or followed by the words “anticipates,” “assumes,” “believes,” “estimates,” “expects,” “forecasts,” “hopes,” “intends,” “plans,” “targets” or similar expressions. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. We undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. For a discussion of some of the risks and important factors that could affect such forward-looking statements, see our most recent annual and quarterly reports and other filings filed with the SEC. Factors which could have an adverse effect on our operations and future prospects include, but are not limited to, the following: risks relating to the proposed transactions, including in respect of the ability to obtain required regulatory approvals and the satisfaction of other closing conditions on a timely basis or at all; unanticipated difficulties and/or expenditures relating to the proposed transactions and any related financing; uncertainties as to the timing of the completion of the proposed transactions; litigation relating to the proposed transactions; the impact of the proposed transactions on each company’s business operations (including the threatened or actual loss of subscribers, employees or suppliers); the inability to obtain, or delays in obtaining cost savings and synergies from the proposed transactions; incurrence of unexpected costs and expenses in connection with the proposed transactions; risks related to changes in the financial, equity and debt markets; and risks related to political, economic and market conditions. In addition, the risks to which Starry’s business is subject could adversely affect the proposed transactions and, following the completion of the proposed transactions, our operations and future prospects.
Media contacts:
Katie Magnotta
katie.magnotta@verizon.com
Aimee Knox
aimee.knox@verizon.com
FAQ
What did Verizon (VZ) announce on October 8, 2025 about Starry?
How many customers does Starry serve and in which markets for VZ investors?
How will the Starry acquisition affect Verizon’s fixed wireless subscriber targets (VZ)?
What household coverage expansion does Verizon (VZ) expect after buying Starry?
What technology and assets does Starry bring to Verizon (VZ)?
When will the Starry acquisition close and what approvals are needed for VZ shareholders to watch?
