{"id":727429,"date":"2023-01-31T16:43:14","date_gmt":"2023-01-31T21:43:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/starry-announces-intention-to-depart-columbus-market\/"},"modified":"2023-01-31T16:43:14","modified_gmt":"2023-01-31T21:43:14","slug":"starry-announces-intention-to-depart-columbus-market","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/starry-announces-intention-to-depart-columbus-market\/","title":{"rendered":"Starry Announces Intention to Depart Columbus Market"},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Starry Announces Intention to Depart Columbus Market<\/b><\/p>\n<p>BOSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fstarry.com&amp;esheet=53294693&amp;newsitemid=20230131005990&amp;lan=en-US&amp;anchor=Starry+Group+Holdings%2C+Inc&amp;index=1&amp;md5=c283416a5f44c9484e986bc531f7991e\">Starry Group Holdings, Inc<\/a>. (the \u201cCompany\u201d or \u201cStarry\u201d), a licensed fixed wireless technology developer and internet service provider, today announced that it will leave the Columbus, Ohio market after mutual termination of its strategic alliance agreement with its local partner AEP Ventures, LLC (&#8220;AEP&#8221;). Starry announced its intention to serve the market in June 2021 and successfully built its fixed wireless network to cover more than 350,000 homes. Starry\u2019s decision to voluntarily leave the market is part of the company\u2019s broader reorganization, as it focuses its resources and investment in its five core urban markets: Boston, New York City, Los Angeles, Denver and Washington, DC.\n<\/p>\n<p>\n\u201cLeaving the Columbus market was a difficult decision and one that we did not take lightly,\u201d <b>said Starry Chief Executive Officer, Chet Kanojia. <\/b>\u201cEvery community deserves robust competition and choice among broadband providers and Starry\u2019s goal was to bring a high-quality, affordable option to families across Columbus. I\u2019m proud of what our team built and the impact we\u2019ve made in neighborhoods across Columbus. However, our business is evolving, and given the challenging macroeconomic environment, we\u2019ve had to make some hard choices. The decision to leave Columbus gives us the ability to continue to invest in our five core urban markets and further expand our footprint and customer base within those communities.\u201d\n<\/p>\n<p>\nStarry\u2019s market impact included:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nThe buildout of network coverage passing 350,000 homes in the Columbus metro area.\n<\/li>\n<li>\nExpansion of Starry\u2019s digital equity program, Starry Connect to nearly 3,000 units of affordable housing in Columbus.\n<\/li>\n<li>\nHosting more than 700 Affordable Connectivity Program (ACP) education and marketing events in Columbus and more than 600 drops of ACP education materials throughout the community.\n<\/li>\n<\/ul>\n<p>\nStarry\u2019s decommissioning of the market will begin in March and be completed in June. Current Starry subscribers will receive ample notification of their planned service cancellation and will be provided opportunities to switch to broadband providers serving their area. For more information about Starry\u2019s discontinuation of service in Columbus, visit: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fstarry.com%2Fblog&amp;esheet=53294693&amp;newsitemid=20230131005990&amp;lan=en-US&amp;anchor=starry.com%2Fblog&amp;index=2&amp;md5=81470198444ae63ba7f80fc4eaa04cc1\">starry.com\/blog<\/a>.\n<\/p>\n<p><b>About Starry Group Holdings, Inc.<br \/>\n<br \/><\/b>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. Starry is a different kind of internet service provider. We\u2019re building a platform for the future by putting our customers first, protecting their privacy, ensuring access to an open and neutral net, and making affordable connectivity and digital equity a priority. Headquartered in Boston, Starry is currently available in Boston, New York City, Los Angeles, Washington, DC, and Denver. To learn more about Starry or to join our team and help us build a better internet, visit:<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fstarry.com&amp;esheet=53294693&amp;newsitemid=20230131005990&amp;lan=en-US&amp;anchor=https%3A%2F%2Fstarry.com&amp;index=3&amp;md5=34c3d9b56036db430216cf318a1cfa6f\"> https:\/\/starry.com<\/a>.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release includes statements that may constitute \u201cforward-looking statements\u201d within the meaning of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, express or implied forward-looking statements relating to our expectations regarding our strategy, competitive position and opportunities in the marketplace and our anticipated business and financial performance. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Factors that could cause actual results to differ materially from those expressed or implied include our limited remaining available cash, our ability to continue serving our customers in the five markets in which we operate, our ability to remain in compliance with and not in default under our credit facility, our potential inability to timely procure additional financing or other strategic options on favorable terms, or at all, our potential inability to realize the expected benefits of the announced reduction in force and other cost-cutting measures and the risks and uncertainties described in the \u201cRisk Factors\u201d section of our Annual Report on Form 10-K and other filings with the SEC. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required under applicable securities laws.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230131005990r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230131005990\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230131005990\/en\/<\/a><\/span><\/p>\n<p>\nMimi Ryals, Starry<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mryals@starry.com\">mryals@starry.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"mailto:press@starry.com\">press@starry.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Massachusetts Ohio United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Mobile\/Wireless Telecommunications Networks Internet Carriers and Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230131005990\/en\/1701386\/3\/STRY_LOGO_FINAL_NAVY_RGB_HORZ.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Starry Announces Intention to Depart Columbus Market BOSTON&#8211;(BUSINESS WIRE)&#8211;Starry Group Holdings, Inc. (the \u201cCompany\u201d or \u201cStarry\u201d), a licensed fixed wireless technology developer and internet service provider, today announced that it will leave the Columbus, Ohio market after mutual termination of its strategic alliance agreement with its local partner AEP Ventures, LLC (&#8220;AEP&#8221;). Starry announced its intention to serve the market in June 2021 and successfully built its fixed wireless network to cover more than 350,000 homes. Starry\u2019s decision to voluntarily leave the market is part of the company\u2019s broader reorganization, as it focuses its resources and investment in its five core urban markets: Boston, New York City, Los Angeles, Denver and Washington, DC. \u201cLeaving the Columbus market was a difficult &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/starry-announces-intention-to-depart-columbus-market\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Starry Announces Intention to Depart Columbus Market&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-727429","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Starry Announces Intention to Depart Columbus Market - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/starry-announces-intention-to-depart-columbus-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Starry Announces Intention to Depart Columbus Market - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Starry Announces Intention to Depart Columbus Market BOSTON&#8211;(BUSINESS WIRE)&#8211;Starry Group Holdings, Inc. (the \u201cCompany\u201d or \u201cStarry\u201d), a licensed fixed wireless technology developer and internet service provider, today announced that it will leave the Columbus, Ohio market after mutual termination of its strategic alliance agreement with its local partner AEP Ventures, LLC (&#8220;AEP&#8221;). Starry announced its intention to serve the market in June 2021 and successfully built its fixed wireless network to cover more than 350,000 homes. Starry\u2019s decision to voluntarily leave the market is part of the company\u2019s broader reorganization, as it focuses its resources and investment in its five core urban markets: Boston, New York City, Los Angeles, Denver and Washington, DC. \u201cLeaving the Columbus market was a difficult &hellip; Continue reading &quot;Starry Announces Intention to Depart Columbus Market&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/starry-announces-intention-to-depart-columbus-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-31T21:43:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230131005990r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starry-announces-intention-to-depart-columbus-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starry-announces-intention-to-depart-columbus-market\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Starry Announces Intention to Depart Columbus Market\",\"datePublished\":\"2023-01-31T21:43:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starry-announces-intention-to-depart-columbus-market\\\/\"},\"wordCount\":792,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starry-announces-intention-to-depart-columbus-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230131005990r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starry-announces-intention-to-depart-columbus-market\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starry-announces-intention-to-depart-columbus-market\\\/\",\"name\":\"Starry Announces Intention to Depart Columbus Market - 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