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Starry CEO looks to shake up the broadband marketChet Kanojia, the creator of streaming-TV service Aereo, is back with a broadband service he claims will be faster, cheaper and wireless.
[MUSIC] We've announced the two products that are essentially forming in the first layers of the stack for broadband access to the consumer. Which is basically an end device inside their home, which is a Wi-Fi station, which has IOT functionality and other Other things as well built in, and a set of technologies that we're going to be rolling out in beta starting this summer for providing direct to consumer broadband access. Wireless broadband access for anybody that might wanna hopefully even, it's gonna go national, is that right? That's the goal. It's gonna be a long process to build it out You know, metro line electricity, that's a big kind of thing. But that's the big idea, that it's a competitive alternative to wired broadband. What's your expectation that Sari is actually going to be able to move the needle in these big markets with huge incumbent players? I think we'll have to see. Part of that is going to be how well we execute. It's a ton of work. So I think that wether we make a dent or not at the end of the day is going to be a function of wether we can deliver the product more effectively. One of the things that I think is interesting about your previous company, REO, is that unfortunately it did eventually get shutdown after going to the US Supreme Court. Is it the type of situation with Starry that because you are going up against so many major incumbents there's a lot of mony involved in this market. Hopefully there's no ticking time bomb in this particular business model, right. I mean. Yeah, there's no legal issue, right. Since a lot of it is execution and technology. I don't think there's a single person inside of the establishment that says there's sufficient competition.