SÃO PAULO, March 31, 2020
/PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global
communications company, and Visiontec, a Brazilian-based satellite
products distribution company, announced today they have expanded
their partnership to focus on bringing fast, reliable internet
service to residential homes across Brazil. Upon completion of the launch rollout,
Viasat will be able to reach 100 percent of the Brazilian
continental territory, through Visiontec's in-market sales,
fulfillment and technical support expertise.
By partnering with Visiontec, Viasat has a dedicated, trusted,
local Brazilian partner to help execute its residential service
go-to-market strategy—from assisting in sales engagements to
providing quick in-home installations and on-site technical
support. Viasat's local field services teams will train Visiontec's
vast network of distributors, dealers and installers to rapidly
meet the demand for high-speed residential internet service in the
country.
Bruno Soares Henriques, Viasat's
Brazil commercial director
commented, "Now more than ever, the world is looking to stay
connected to friends, family and colleagues. At Viasat, we made a
commitment to invest and grow our Brazilian internet services
business, and have partnered with Visiontec, to help us better
understand the market's needs. We look forward to officially
launching high-speed, high-quality residential internet service
shortly—and delivering a premium internet service even to the
hardest-to-reach locations."
"Viasat's advanced technology and service capabilities will help
Brazilians, located coast-to-coast, join the digital
ecosystem—which is critically important in today's world," said
Antonio Carlos de Moraes, business
development director, Visiontec. "By broadening our relationship
with Viasat, we can help more Brazilians get access to a premium
internet service that will offer greater capabilities for people to
be productive and entertained online. We see this expanded
partnership as a win for everyone."
The Viasat/Visiontec partnership was initially announced in
June 2019. Since that time period,
Visiontec has successfully installed Viasat's satellite broadband
equipment in over 11,000 fully operational sites across
Brazil, including at remote
schools, hospitals and government facilities. Viasat's ground
network and infrastructure uses bandwidth from the Telebras SGDC-1
satellite to deliver satellite internet services.
About Visiontec
Visiontec is a 100% Brazilian company
with over 27 years working in the manufacture and design of analog
and digital receivers for satellite and terrestrial TV and
connectivity services. Present throughout the country through an
extensive and active distribution network, the Company knows the
peculiarities, needs and desires of the different Brazilian
publics, and aims to value the quality of its products and
efficiency in customer support. Due to the great investment in
research and development and a competent engineering staff, the
Company has been standing out in the market, bringing year after
year, innovative product lines, intelligent solutions and services
totally focused on the total satisfaction of its clients. Today,
Visiontec has four units, two in Jacareí-SP, one in Manaus-AM and
one in Itajaí-SC.
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 Statement
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 relationship between Viasat and Visiontec, and
planned future sales and installations of affordable broadband
internet across all of Brazil.
Readers are cautioned that actual results could differ materially
and adversely from those expressed in any forward-looking
statements. Factors that could cause actual results to differ
include: risks associated with the operation of the SGDC-1
satellite, including the effect of any anomaly, operational failure
or degradation in satellite performance; contractual problems,
product defects, manufacturing issues or delays, regulatory issues,
and technologies that do not perform according to expectations. 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 © 2020 Viasat, Inc. All rights reserved. Viasat,
the Viasat logo and the Viasat signal are registered trademarks 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.