BRASILIA, Brazil and
CARLSBAD, Calif., April 16, 2019 /PRNewswire/ -- Viasat
Inc. (NASDAQ: VSAT), a global communications company,
announced today its first Brazilian wholesale distribution partner,
Ruralweb, a Brazilian-licensed company offering satellite services
since 2003. Through the agreement, Ruralweb will work with Viasat
to distribute and deploy high-speed satellite internet
services throughout all of Brazil,
even the most remote locations in the country.
Through a relationship Viasat maintains with Telebras, Viasat
offers the most advanced broadband service via the SGDC-1
(Geostationary Satellite for Defense and Strategic
Communications) satellite. By coupling the SGDC-1 satellite with
Viasat's ground network and infrastructure, Ruralweb will bring
Viasat's fast, reliable satellite internet services to residential,
small office/home office, agricultural and enterprise markets.
"Ruralweb is a respected partner with an established
distribution and fulfillment network that has served the
Brazil communications market for
over a decade," said Lisa Scalpone,
Viasat's country manager, Brazil.
"Ruralweb's team will help us bring affordable, scalable,
high-quality broadband services to new markets, especially those
communities where internet service has historically been
unavailable."
Marcus Antonio Kruel, president
of Ruralweb commented, "We're focused on keeping pace with
broadband technology advancements. Our partnership with Viasat will
allow us to complement our satellite portfolio—with an ability to
offer advanced high-quality Ka-band services. Viasat selected us as
a distribution partner because our local expertise will enable us
to penetrate new geographic locations and populations to meet the
anticipated demands for Viasat's new service offerings."
Viasat remains committed to bring high-speed, high-quality
broadband service to the people of Brazil. The Company continues to invest
resources into the local Brazilian market as it awaits final
approval of the amendment to its agreement with Telebras by The
Tribunal de Contas da União (TCU).
For more information about Viasat's presence in Brazil, visit here.
About Ruralweb
Ruralweb is a Brazilian licensed
company offering satellite services since 2003. Ruralweb
offers such service all over Brazil, and the main focus is in the North,
Central and West regions where there is significant demand.
Ruralweb started its operation, providing services for more than
3,500 schools in the state of Minas Gerais. The Company has since
expanded into new markets including: government, universities, oil
platforms / drillers, power companies and internet service
providers. Ruralweb has a Teleport located in Belo Horizonte, Minas Gerais, providing 24x7
service.
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 wholesale distribution partnership between Viasat
and Ruralweb; future opportunities with respect to residential,
small office/home office, agricultural and enterprise markets; and
the deployment of fast, reliable and affordable broadband services
to all of Brazil. 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: contractual problems,
product defects, manufacturing issues or delays, regulatory issues
(including with respect to the TCU), 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.