Fitch Ratings has affirmed satellite operator Viasat and its subsidiaries’ Long-Term Issuer Default Ratings (IDRs) at ‘BB-‘ and removed all ratings from Rating Watch Negative (RWN) – which is good news for the company. Fitch has resolved the RWN as it expects Viasat’s debt leverage to decline and sustain within the current EBITDA leverage sensitivities […]

Es’hailSat, Qatar Satellite Company, has announced that Viasat Energy Services, a business unit of Viasat, has added multiple transponders on Es’hail-1 satellite located at the 25.5⁰ East hotspot and will avail itself of Teleport Services from Es’hailSat’s 50,000 sqm facility in Doha to provide VSAT services across Middle East and North Africa (MENA) region. Viasat […]

Viasat of California, which also now owns London-based Inmarsat, made some bif announcements at its Q2 financial report; one satellite has been cancelled and 800 staff laid off. Viasat stated that its results showcased “resilient growth and momentum” but was making key decisions on capital expenditure that will strengthen the focus on its mobility and […]

Satellite operator Viasat, which also now owns London-based Inmarsat, is to let 800 staff go as a result of integrating the two business. The lay-offs represent some 10 per cent of Viasat’s workforce. Viasat said the move would save $100 million (€93.9m) in annual costs by 2025. Costs associated with the decision would be about […]

Together with Delta Air Lines and Viasat, DirecTV has announced the launch of a domestic 18-channel TV lineup on select Boeing 767-400 aircraft flying select long-haul domestic routes. This domestic live TV offering marks the first time a US-based airline has integrated LiveTV into seatback screens onboard its widebody planes. DirecTV’s satellite TV entertainment solution […]

Viasat, along with local partners MinFarm Tech and Global Beam Telecom, will provide an Internet of Things (IoT) service to the UAE including the capital region of Abu Dhabi as well as Dubai and beyond to the MENA regions. The local hub will open in November in Dubai’s Business Bay suburb. Viasat, in its ‘Elevate’ […]

Viasat has issued interim statements on its current financial position and expectations, and including an update on the situation with ViaSat-3 Americas (VS-3 F1) which suffered a major malfunction with its giant antenna following its launch on May 1st. It has also issued its statement on the loss of Inmarsat I6-F2 which has also failed. […]

Avanti Communications and YahSat have issues with their orbiting satellites. There are also reports that two so-called Space Tugs are also suffering problems. The insurance industry, already reeling from problems on a Viasat satellite and a major claim on an Inmarsat craft, are expecting significant claims to be made. The problems are reportedly based on […]

Shareholders in Eutelsat, SES and Viasat are suffering dramatic losses in their share prices. On October 9th the share price of Eutelsat, which has just merged with constellation operator OneWeb, fall more than 6 per cent. The fall continued a downward slide over the past 30 days of 15.7 per cent and to below €5 […]

ViaSat-3 Americas, which suffered a major malfunction after launch on April 30th, is on the move from its original test position to a new location. The satellite’s problem concerns its giant reflector which failed to deploy correctly. The satellite has subsequently been shaken and manipulated – all quite normal actions – in attempts to coax […]