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Verizon Communications Inc. (NYSE: VZ) has announced its intent to acquire Starry Internet, a fixed wireless access (FWA) provider utilizing millimeter-wave (mmWave) technology to deliver high-speed broadband in dense urban markets. The acquisition is expected to be completed in the first quarter of 2026, pending regulatory approvals and customary closing conditions.
The pending transaction underscores the accelerating adoption of mmWave technology in large-scale broadband deployments — a development that directly benefits Peraso Inc. (NASDAQ: PRSO), a leading small-cap innovator in 60 GHz mmWave chipsets and modules.
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For Peraso, the move reinforces industry confidence in the long-term role of mmWave in next-generation connectivity, spanning FWA, enterprise networking, aerospace, defense, and edge-AI systems. As carriers like Verizon deepen their investment in mmWave infrastructure, demand for advanced semiconductor components such as those developed by Peraso could expand significantly.
Although there is no direct partnership or link between Peraso and Verizon, the pending Starry acquisition highlights the growing relevance of Peraso’s technology across the broadband and wireless ecosystem — positioning the company as a potential strategic beneficiary of the ongoing mmWave revolution.