MEXICO CITY, April 8, 2019 /PRNewswire/ -- Viasat
Inc. (NASDAQ: VSAT), a global communications company,
announced today the opening of its Mexican headquarters. The new
office—located in Montes Urales in the northwest part of Mexico
City—will enable Viasat to be centrally-located as it looks to
bring new satellite-enabled connectivity services to the
country.
"We've had an incredible opportunity to bring digital inclusion
to many people living in rural, suburban and urban areas of
Mexico; offer fast, reliable
satellite internet service to more businesses and schools across
the country; and even connect passengers and crew flying on
commercial airplanes," said Rick
Baldridge, president and chief operating officer, Viasat.
"Opening our office in Mexico
City—a major city of international commerce—is a strategic move for
Viasat. It allows us to prepare for future growth, by working with
local businesses and governments on how best to leverage advances
in satellite connectivity to serve the people of Mexico."
In less than one-year since entering the Mexican market, Viasat
has made an impact on how the people of Mexico can connect to high-speed, high-quality
internet—anywhere:
- In April 2018, Viasat officially
introduced its Community Wi-Fi service, an innovative approach to
bringing affordable Wi-Fi directly to consumer's devices, where
internet service was previously unavailable or ineffective. This
allows those previously left behind in the digital divide to now
enjoy the benefits that connectivity provides. Through an agreement
with Grupo Prosperist, a Mexican telecommunications and technology
service provider, the companies have successfully deployed
Community Wi-Fi, marketed locally in Mexico under the Conectaless brand, which is
now in reach to over one million people.
- In September 2018: Viasat
announced Aeromexico selected Viasat's in-flight connectivity
service to provide optimized internet experiences to passengers and
crew.
- In December 2018: Viasat made two
announcements: it announced a relationship with Ubix, a trusted
wholesale satellite internet and telecommunications company to
bring high-speed satellite internet to enterprises, businesses and
federal programs across Mexico.
The Company also unveiled Urban Wi-Fi, which provides city
residents across Mexico a
satellite internet service with speeds, quality and pricing that
are highly-competitive to other terrestrial internet offerings. A
highly-resilient connectivity system, Urban Wi-Fi can also be a
supplement to existing cellular networks—in times of natural
disaster or national security relief.
- In February 2019: Viasat
announced a collaboration with Facebook to accelerate the
deployment of Community Wi-Fi to communities in Mexico that lack reliable internet or have no
connectivity at all.
Baldridge continued, "Mexico is
an important market for us. Opening our new office is a necessary
step to build our presence in country and support current
initiatives as well as potential future services such as the
availability of education and residential internet services."
To provide internet service to Mexico, Viasat leverages the world's most
advanced high-capacity satellite, ViaSat-2. The Company is
currently building a global constellation of three
next-generation ultra-high-capacity satellites, known as the
ViaSat-3 class of satellites, to bring affordable high-speed,
high-quality internet connectivity to the hardest to reach places
on earth.
About Viasat
Viasat is a global communications company
that believes everyone and everything in the world can be
connected. For more than 30 years, Viasat has helped shape how
consumers, businesses, governments and militaries around the world
communicate. Today, the Company is developing the ultimate global
communications network to power high-quality, secure, affordable,
fast connections to impact people's lives anywhere they are—on the
ground, in the air or at sea. To learn more about Viasat,
visit: www.viasat.com, go to Viasat's Corporate Blog, or
follow the Company on social media
at: Facebook, Instagram, LinkedIn, Twitter or YouTube.
Forward-Looking Statements
This press release contains
forward-looking statements that are subject to the safe harbors
created under the Securities Act of 1933 and the Securities
Exchange Act of 1934. Forward-looking statements include statements
that refer to the opportunities around opening the office in
Mexico City; future growth, future
services with respect to Community Wi-Fi, Urban Wi-Fi, aviation,
education or residential; and the ViaSat-3 class of satellites.
Readers are cautioned that actual results could differ materially
from those expressed in any forward-looking statements. Factors
that could cause actual results to differ include: the ability to
realize the anticipated benefits of the ViaSat-3 satellite
platform, unexpected expenses or delays related to the satellite
system, the ability to successfully
implement Viasat's business plan for broadband satellite
services on Viasat's anticipated timeline or at all,
including with respect to the ViaSat-3 satellite platform;
risks associated with the construction, launch and operation
of ViaSat-3 and Viasat's other satellites, including
the effect of any anomaly, operational failure or degradation in
satellite performance contractual problems, product defects,
manufacturing issues or delays, regulatory issues, technologies not
being developed according to anticipated schedules, or that do not
perform according to expectations, and increased competition and
other factors affecting the connectivity market, generally. In
addition, please refer to the risk factors contained in Viasat's
SEC filings available at www.sec.gov, including Viasat's most
recent Annual Report on Form 10-K and Quarterly Reports on Form
10-Q. Readers are cautioned not to place undue reliance on any
forward-looking statements, which speak only as of the date on
which they are made. Viasat undertakes no obligation to update or
revise any forward-looking statements for any reason.
Copyright © 2019 Viasat, Inc. All rights
reserved. Viasat is a registered trademark
of Viasat, Inc. The Viasat logo is a trademark
of Viasat, Inc. All other product or company names
mentioned are used for identification purposes only and may be
trademarks of their respective owners.
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SOURCE Viasat, Inc.