Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Verizon Communications / Equity Bottom-Up

<ul><li>U.S. telecom giant Verizon has announced its acquisition of Starry, a smaller broadband internet provider focused on multi-dwelling units (MDUs) and urban communities, in a move that could signal a strategic expansion of its fixed wireless access (FWA) capabilities.</li><li>The acquisition, for an undisclosed sum, comes on the heels of a robust Q2 2025 earnings report where Verizon demonstrated strength in wireless service revenue and free cash flow, raised its full-year EBITDA and EPS guidance, and reaffirmed its commitment to scaling broadband through both fiber and FWA.</li><li>Starry's proprietary millimeter wave technology, which enables low-cost, rapid deployment in dense urban areas, serves nearly 100,000 MDU customers in Boston, New York, Los Angeles, Denver, and Washington, D.C. Verizon executives see this as a strategic opportunity to deepen penetration in hard-to-serve urban segments while leveraging Starry's customer satisfaction metrics and deployment efficiencies.</li></ul>

U.S. telecom giant Verizon has announced its acquisition of Starry, a smaller broadband internet provider focused on multi-dwelling units (MDUs) and urban communities, in a move that could signal a strategic expansion of its fixed wireless access (FWA) capabilities.The acquisition, for an undisclosed sum, comes on the heels of a robust Q2 2025 earnings report where Verizon demonstrated strength in wireless service revenue and free cash flow, raised its full-year EBITDA and EPS guidance, and reaffirmed its commitment to scaling broadband through both fiber and FWA.Starry's proprietary millimeter wave technology, which enables low-cost, rapid deployment in dense urban areas, serves nearly 100,000 MDU customers in Boston, New York, Los Angeles, Denver, and Washington, D.C. Verizon executives see this as a strategic opportunity to deepen penetration in hard-to-serve urban segments while leveraging Starry's customer satisfaction metrics and deployment efficiencies.

Verizon’s Starry Acquisition: The $5G Shortcut Wall Street Didn’t See Coming!