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Fixed wireless broadband startup Starry files to raise up to $125 million.

By Paul Harr on May 14, 2019 8:30:21 AM

It’s nice to see Starry, a Boston based fixed wireless company focused primarily on the urban MDU space, raise $120 million at a pre-money valuation of $875 million. 

For $50/month, Starry delivers 200MB speeds to residential customers living in apartment buildings initially in Boston and in other cities. Starry, Skywire and other platforms which deliver OTT services are contributing to the massive increase in “cord cutting” which increased to 1 million homes in the fourth quarter.  

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