Wireless ISP Starry is filing for bankruptcy
Starry, an ISP that launched in 2016 with a focus on delivering home internet with wireless antennas instead of cables, has declared bankruptcy. In a press release, the company says that it intends to quickly restructure and that it’ll continue providing internet service in its “five core operating markets.” Those are Boston, New York City, Los Angeles, Denver, and Washington, DC.
The ISP has clearly been struggling over the past few months. In October 2022, it announced that it was laying off around 500 people, which amounted to about half of its staff. A few months later, Starry announced it was leaving Columbus, Ohio, in a bid to focus more on its five “core” markets. All the while, it was burning millions of dollars in cash, and its...