Kanojia Returns With a Starry Plan for Wireless Internet & Smart Homes
Summary
“The reason there’s no competition is, number one, cost of construction,” Kanojia said, referring to the hefty expense of laying more cables underground to connect more households.That is where he thinks the Starry Station can come into play, monitoring connected devices, Internet speed, and local area network performance.Through a system of tiny antennae set up around the country, Aereo’s subscribers could stream broadcast shows via the Internet to mobile devices while away from home.The problem was Aereo had no intention of sharing the fees it collected from its users with industry incumbents such as broadcasters, satellite, and cable television providers.Now Kanojia is busy with Starry, and some investors from his time with Aereo, such as IAC, FirstMark Capital, and High Line Venture Partners, are onboard again.
Classifications
AskAI Classifications
LabelsLinked Companies
