Carlsbad’s Viasat boosts satellite Internet footprint globally with completion of Inmarsat acquisition - News Summed Up

Carlsbad’s Viasat boosts satellite Internet footprint globally with completion of Inmarsat acquisition


That compares to Viasat’s fleet of five satellites that are focused mostly on the Americas. Starlink said in a Twitter post that it now has 1.5 million customers worldwide, up from 250,000 in March 2022. Viasat and Inmarsat are punching back with powerful, higher orbit satellites — including the terabit-class Viasat-3 fleet, which can dynamically steer bandwidth to where there’s the most demand. Both Viasat and Inmarsat have a solid foothold in supplying commercial airlines with in-flight Wi-Fi — with customers including Delta, American, United, JetBlue and Southwest airlines. Viasat paid $551 million in cash and issued 46.36 million shares of common stock for Inmarsat.


Source: thestar June 01, 2023 10:09 UTC



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