Starry Proud to Be Named to Fortune’s Change the World List

Rhea-AI Summary

Starry Group Holdings, Inc. (NYSE: STRY) has been recognized by Fortune on its Change the World list for 2022, highlighting its commitment to affordable broadband access. The company provides fixed wireless internet services in six U.S. cities, reaching over 5.7 million households, with plans to expand to Las Vegas. The recognition underscores Starry's mission to improve digital equity and connectivity through innovative technology. CEO Chet Kanojia emphasized the company's role in enhancing competition in the broadband market, traditionally dominated by monopolies.

Positive

• Recognition by Fortune on the Change the World list for advancing digital equity.
• Deployment of services in six U.S. cities, reaching over 5.7 million households.
• Plans to launch services in Las Vegas, indicating growth potential.

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• None.

BOSTON--(BUSINESS WIRE)-- Starry Group Holdings, Inc. (NYSE: STRY) (the “Company” or “Starry”), a licensed fixed wireless technology developer and internet service provider, today announced it has been named to Fortune’s Change the World list for 2022.

“It's an incredible honor to be named to Fortune’s Change the World list,” said Chet Kanojia, co-founder and Chief Executive Officer of Starry. “Broadband access is essential, which is why Starry set out to develop technology that would lower the cost of deploying broadband networks and reimagine how consumers connect to the internet. By making high-quality, home internet access more available and more affordable, we’re reinvigorating - through technology innovation and competition - a broadband marketplace that has been largely dominated by near-monopoly incumbent providers. It has not been easy, but making world changing impacts rarely is. We’re honored to be recognized by Fortune for our efforts to advance digital equity and connectivity across the US.”

Since its founding, Starry has been committed to delivering on its mission – offering customers a superior internet service experience that is fast, reliable, uncapped and competitively-priced, while also working to improve digital access and equity in our most under-served communities. Starry has successfully deployed its licensed fixed wireless gigabit network in six U.S. cities including Boston, New York, Los Angeles, Washington D.C., Denver, and Columbus, OH – covering more than 5.7 million households. Starry announced that it will launch a seventh city, Las Vegas, this year.

Fortune’s Change the World list recognizes companies that have had a positive social impact through activities that are part of their core business strategy. Honorees are assessed on their impact on one or more specific societal problems, the impact this work has on the company’s business function and how innovative the efforts are. The eighth edition of the list is available at: https://fortune.com/change-the-world/.

About Starry Group Holdings, Inc.

At Starry (NYSE: STRY), 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’re 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, Denver, and Columbus, OH and is expanding to Las Vegas, Nevada in 2022. To learn more about Starry or to join our team and help us build a better internet, visit: https://starry.com.

Forward-Looking Statements

This press release includes statements that may constitute “forward-looking statements” within the meaning of the “safe harbor” 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 receipt of government subsidies from the RDOF Phase I program and 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 the risks and uncertainties described in the “Risk Factors” section of our Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221010005398/en/

Media Contacts:

Mimi Ryals, Starry

mryals@starry.com

press@starry.com

Investor Contacts:

Ben Barrett, Starry

bbarrett@starry.com

investors@starry.com

Source: Starry, Inc.

FAQ

What recognition did Starry Group Holdings receive in 2022?

Starry Group Holdings was named to Fortune’s Change the World list for 2022.

Which cities does Starry Group provide internet services in?

Starry Group currently provides internet services in Boston, New York, Los Angeles, Washington D.C., Denver, and Columbus, OH.

What is the significance of Fortune’s Change the World list for Starry Group Holdings?

The list recognizes companies making a positive social impact through their core business activities.

How many households does Starry Group serve?

Starry Group serves over 5.7 million households across its service areas.

What are Starry Group's future expansion plans?

Starry Group plans to launch its services in Las Vegas in 2022.