Starry Internet Explained

Starry, Inc.
Type:Public
Industry:Telecommunications
Founder:Chet Kanojia
Location City:Boston, Massachusetts
Location Country:USA
Area Served:Various US cities
Key People:Chet Kanojia (Founder and CEO)
Products:Wireless broadband internet

Starry Internet is a fixed wireless broadband Internet service provider (ISP or WISP) operated by Starry, Inc., using millimeter-band LMDS connections, sometimes categorized as 5G fixed wireless, to connect its base stations to customer buildings. Starry currently operates within Boston, New York City, Los Angeles, Denver, Washington, D.C., and Columbus, Ohio.

Background and availability

Starry, Inc. was publicly announced in January 2016 by Chaitanya "Chet" Kanojia, who had previously founded Aereo.[1], it was providing commercial service to a limited number of apartment buildings in the Boston area for $50/month per apartment, promising 200 Mbit/s upload and download speeds.[2], Starry was based in Boston, had about 100 employees, and had raised $63 million of funding.[3] Kanojia claims that Starry's capital cost will be only $25 per home, as compared to $2,500 for cable.[4] Starry announced on July 1, 2019, that through an FCC spectrum auction, they acquired 104 licenses for 24 GHz millimeter-wave spectrum to cover 51 markets in 25 states.[5]

Starry's system operates on the 37.1, 37.3 and 37.5 GHz bands, connecting its base stations ("Starry Beam") to receivers on individual buildings ("Starry Points"). Each base station covers a radius of 1.5 km. Signal propagation is near line-of-sight, not penetrating buildings and windows, and is degraded by foliage or rain, so Starry directs its signal using Multi-user MIMO phased array antennas, and can take advantage of reflections.[6] The base station redistributes its signal within a building using Starry's own Wi-Fi router ("Starry Station").[4]

Critical reception

Analysts are mixed about Starry's prospects. Some point to the failure of Clearwire (which operated WiMAX on the 2.5 GHz band),[7] or to technical challenges: "The physics are tough to overcome, and technology has been slow to improve here."[8] Others note that if the expected low fixed costs per user are achieved, "they could profitably offer competitive broadband speeds for a fraction of the current price of wired broadband".[9]

2022 First Mark Acquisition Corp Merger

In March 2022, Starry Internet completed a SPAC deal with First Mark Acquisition Corp in order to go public.

Financial issues

On 20 October 2022, Starry, Inc., filed a "WARN" notice with New York State's Department of Labor announcing the layoffs of "49 employees" because of "Changes in business operational needs as result of financial difficulties".https://dol.ny.gov/system/files/documents/2022/10/starry-inc.-2022-0043-10-20-2022.pdf

On 23 December 2022, commercial real estate company Farley-White announced that it was suing Starry for $120,000 in unpaid rent.https://www.bizjournals.com/boston/news/2022/12/23/starry-sued-by-landlord-lowell.html

On February 20, 2023, Starry filed for Chapter 11 bankruptcy.[10]

External links

References

  1. Alex. Fitzpatrick. Meet the Entrepreneur Working to Reinvent How You Connect to the Internet. Time. 26 May 2016.
  2. News: Mari. Silbey. Starry Fixed Wireless Debuts at $50/Month. LightReading. 31 July 2017.
  3. News: Brian. Heater. Starry Internet's broadband beaming technology raises another $30 million. TechCrunch. 19 December 2016.
  4. News: Jordan. Crook. Starry Internet Is Aereo Founder Chet Kanojia's Latest Salvo In The War On ISPs. TechCrunch. 27 January 2016.
  5. News: We're growing! Starry Wins Licenses in over 50 Cities. 1 July 2019. 7 July 2019.
  6. News: Amy. Nordrum. Startup Says Beaming Millimeter Waves Over the Air Will Make It a Star in Ultra-Fast Wireless Broadband. IEEE Spectrum. 2 December 2016.
  7. News: Peter. Kafka. Aereo's Founder Is Back With Starry. This Time He's Going After Broadband, Not TV. Recode. 27 January 2016.
  8. Roger Entner, Recon Analytics, as quoted in Stephen Lawson, "With fixed wireless broadband, startup Starry will take on big challenges", Computerworld 29 January 2016
  9. Craig Moffett of MoffettNathansan, as reported in Jeff Baumgartner, "Low Costs, Dense Markets Critical to Starry’s Success: Analyst", Multichannel News, 28 April 2017
  10. Web site: Starry Group Holdings files for voluntary Chapter 11 bankruptcy. February 20, 2023. February 21, 2023. MarketScreener. en.