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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen	8/2/2017 5:20:27 AM
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Starry Fixed Wireless Debuts at $50/Month Starry, the fixed wireless company with dreams of upending the telecom market, has confirmed that it has quietly launched its broadband service to paying customers in Boston. While still in beta mode, Starry Internet is now available in select locations around the city for $50 per month. There's no contract required, and the fee includes rental of the Starry Point antenna and the Starry Station WiFi hub, both needed for broadband service. The company is promising upload and download speeds of 200 Mbit/s. The plan for Starry is in many ways equally ambitious. The company aims to bypass the construction costs of fiber-to-the-home buildouts by relying on millimeter wave technology to deliver high-speed wireless broadband. Starry is using active phased arrays to amplify wireless signals and optimize service from multiple antennas deployed throughout a region. To reach customers inside their homes, Starry is relying on an antenna (the Starry Point) that sits outside a subscriber's window and communicates back to the wireless router inside. The set-up looks challenging, but the company is confident that its service can disrupt the broadband industry not only in the US, but also around the world. Since 2016, other service providers have also made progress on their own wireless broadband alternatives. Most notably, both AT&T Inc. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ) are pouring resources into 5G broadband development, with plans to launch commercially in 2018 and 2019. Like Starry, the two telecom incumbents are hoping that fixed wireless service will soon offer a viable alternative to wireline broadband, a segment of the market that cable companies dominate today. lightreading.com

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