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The Latest Breaking News from Viasat

Viasat expects to complete long-awaited acquisition of Inmarsat by the end of this month

Carlsbad satellite Internet provider Viasat expects to complete its pending buyout of rival Inmarsat this month — bulking up the combined companies' competitive position amid stiff competition in the satellite broadband market.

Tribune News Service

Viasat trims global workforce by 4 percent, including 107 California jobs

Satellite Internet firm Viasat is shedding about 300 jobs from its global workforce — including 72 at its Carlsbad, California, headquarters and another 35 remote workers based in the state.

Tribune News Service

Amazon Project Kuiper: Everything you need to know about Amazon’s satellite internet service

Project Kuiper will provide broadband internet service using a constellation of low Earth orbit satellites. Here’s everything you need to know about Amazon’s Starlink competitor.

Tom’s Guide

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CMA clears Viasat Inmarsat merger

The UK competition regulator has provisionally cleared the merger between American and British satellite giants Viasat and Inmarsat.

Evening Standard

Southwest Airlines is raising Wi-Fi fees for passengers with connecting flights

Southwest Airlines, which spent over $2 billion on in-flight upgrades last year, will now charge by leg of travel for its onboard Wi-Fi.

Tribune News Service

How Ukraine war has shaped US planning for a China conflict

As the war rages on in Ukraine, the United States is doing more than supporting an ally

The Independent UK

3 Tech Stocks to Buy Now and Hold Forever

As the technology sector picks up following the slow demand and high borrowing costs, many beaten-down stocks could see a solid rebound. Given the industry’s long-term growth prospects, fundamentally strong tech stocks Microsoft Corporation (MSFT), Dell Technologies Inc. (DELL), and CTS Corporation (CTS) could be profitable long-term investments. Keep reading….

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Viasat shoots for early 2023 to launch the first of 3 terabyte class Internet satellites

SAN DIEGO — Carlsbad, California's Viasat said Tuesday that it expects to begin launching its next-generation broadband Internet satellite constellation early next year — marking another delay in getting the terabyte-class satellites into orbit.

Tribune News Service

Biden in Illinois to stump for Underwood, Casten; ‘not buying’ that Democrats headed for midterm losses

Speaking in Rosemont, the president ticked off his administration’s signature legislative achievements on infrastructure, climate and lowering the cost of prescription drugs,

Chicago Sun-Times

Biden to plug tech bill in California, campaign in Illinois

President Joe Biden is set to tour a southern California communications company that is expected to benefit from his legislative push to bolster American semiconductor manufacturing

The Independent UK

Faster Wi-Fi on Planes Is Taking Off. Profits Aren't.

The long-awaited arrival of free, dependable Wi-Fi on planes will be a boon to fliers in the coming years. Investors, maybe not so much.

Bangkok Post

Inmarsat takeover on hold as CMA launches in-depth investigation

The CMA said the deal would not substantially reduce competition amid rapid expansion in the sector.

Evening Standard

Inflight wifi could be pricier if takeover of UK satellite firm goes ahead, says CMA

Competition and Markets Authority says other operators may not be able to compete after merger of Inmarsat and Viasat

The Guardian - UK

US Court Upholds SpaceX Satellite Deployment Plan

A US appeals court on Friday upheld the decision of the Federal Communications Commission (FCC) to approve a SpaceX plan to deploy some Starlink satellites at a lower Earth orbit than planned as part of its push to offer space-based broadband internet. Elon Musk's SpaceX won FCC approval in 2021…

Asharq Al-Awsat

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Benzinga

Expert Ratings for Viasat

Analysts have provided the following ratings for Viasat (NASDAQ:VSAT) within the last quarter:

Benzinga

Viasat: Q4 Earnings Insights

Viasat (NASDAQ:VSAT) reported its Q4 earnings results on Wednesday, May 25, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Viasat beat estimated earnings by 220.0%, reporting an EPS of $0.06 versus an estimate of $-0.05.

Benzinga

A Preview Of Viasat's Earnings

Viasat (NASDAQ:VSAT) is set to give its latest quarterly earnings report on Wednesday, 2022-05-25. Here's what investors need to know before the announcement. Analysts estimate that Viasat will report an earnings per share (EPS) of $-0.05.

Input

How to get high-speed internet in rural America

Whether it's satellite, cellular 4G or 5G, DSL, or bonding, here's what to do when cable internet providers say no thanks to your hard-earned money.

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Tribune News Service

Southwest Airlines spending $2 billion on faster Wi-Fi, bigger overhead bins, plugs

DALLAS — Dallas-based Southwest Airlines will spend $2 billion on customer perks such as faster wireless internet, larger overhead bins for carry-on luggage and USB plugs at every seat for charging devices as it prepares for a travel boom.

Wales Online

Elon Musk says Russia is 'ramping up' efforts to hack Starlink after UK slams cyberattacks

Foreign Secretary Liz Truss said there was 'clear and shocking evidence of a deliberate and malicious attack by Russia'

Reuters

FACTBOX-The cyber war between Ukraine and Russia

Ahead of Russia's invasion of Ukraine, Western intelligence agencies warned of potential cyberattacks which could spread elsewhere and cause "spillover" damage on global computer networks.

The Independent UK

Truss hits out at ‘deliberate and malicious’ Russian cyberattack

The UK and allies publicly blamed Russia for the attack on Viasat an hour before the Ukraine invasion began.

The Independent UK

Cyberattack in Ukraine war affected thousands across Europe

A cyberattack targeting a satellite network used by Ukraine’s government and military agencies shortly after Russia’s invasion also knocked offline tens of thousands of broadband internet users across Europe, the satellite owner disclosed Wednesday

Benzinga

Russian Hackers Continue To Target Viasat In Ukraine, Europe; Hackers Also Targetting US Energy, Critical Infra

Hackers are crippling tens of thousands of satellite modems in Ukraine and across Europe continue to target Viasat Inc (NASDAQ: VSAT) as it struggled to bring back users online, Reuters reports. U.S. analysts held Russia's military intelligence agency responsible for the attack. A cyberattack remotely disabled Viasat's satellite modems just as Russian forces pushed…

Reuters

Satellite outage caused 'huge loss in communications' at war's outset -Ukrainian official

A senior Ukrainian cybersecurity official said that the digital sabotage that hit Viasat's KA-SAT network last month caused a massive communications outage at the outset of Russia's invasion.

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