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Wireless ISP Starry is looking for a buyer.
The company, which sold wireless home broadband to apartment residents using neat little mmWave antennas, recently laid off half its employees. Now it’s looking to sell itself. Turns out competing with America’s entrenched, monopolistic ISPs is incredibly difficult. :(
[CEO Chet] Kanojia said potential buyers/investors have already expressed interest in Starry. He said some of the parties are financial players and others are strategic investors, meaning companies running businesses that could be synergistic with Starry’s.
Starry seeks buyer as cash runs low
[Fierce Wireless]
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