CARLSBAD, Calif., June 9, 2022
/PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global
communications company, announced today that it provides nationwide
discounted high-speed satellite internet service through the
Affordable Connectivity Program (ACP) to qualifying households
nationwide, including residences outside the cable and fiber
footprint. The ACP is a Federal Communications Commission (FCC)
benefit program that helps ensure that households can afford the
broadband they need for work, school, healthcare and more. The
benefit provides a discount of up to $30 per month toward internet service for
eligible households and up to $75 per
month for households on qualifying Tribal lands.
While the ACP is aimed at providing affordable internet options
for every consumer that qualifies, many Americans were unable to
take advantage of this program due to a lack of internet service
availability. Through its satellite technology, Viasat offers
qualifying consumers internet options, nationwide, even in the
hardest-to-reach locations. Viasat has made all of its residential
plans available through the ACP, providing current and future
customers choice and accessibility to meet their needs.
Steven Mesnick, general manager
of U.S. broadband at Viasat, commented, "We understand the critical
role that quality internet plays in the daily lives of consumers
for education, work, healthcare, entertainment, staying in touch
with loved ones and more. The ACP is important because it provides
an opportunity for qualifying consumers to access Viasat's
residential internet service at a discounted rate with speeds up to
100 Mbps in some areas. One of our goals is to provide broadband
speeds to consumers that previously didn't have broadband options
and our high-speed, reliable, satellite-based internet can serve
households across the nation, including those located in the most
remote regions."
Viasat is committed to delivering more bandwidth, speeds and
data to its residential customers. The Company's next-generation
satellite constellation, ViaSat-3, is expected to be capable of
delivering even greater bandwidth capabilities that will result in
more speed, data and streaming options. Viasat has received various
accolades from consumer outlets including being named the 'Fastest
Satellite Internet Provider' among U.S. rural internet service
providers (ISPs) by CNET and receiving the Best Satellite Internet
Speed designation by ZDNet.
For more information about Viasat's ACP offering, please click
here.
About Viasat
Viasat is a global communications company that believes everyone
and everything in the world can be connected. For more than 35
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 expected benefits
of the ViaSat-3 satellite constellation, including more speed, data
and streaming; and the features, availability and benefits of
Viasat's U.S. residential internet service. 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 construction, launch and operation of Viasat's satellites,
including the effect of any anomaly, operational failure or
degradation in satellite performance; the ability to successfully
implement Viasat's business plan for broadband satellite services
on Viasat's anticipated timeline for all; contractual problems, or
other issues with our sales, fulfillment and support partners;
product defects, manufacturing issues or delays; regulatory
issues; technologies that do not perform according to
expectations; Viasat's ability to realize the anticipated benefits
of its satellite platforms; and increased competition and other
factors affecting the connectivity sector, 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 © 2022 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.