Viasat is an American communications company that provides high-speed satellite broadband services and secure networking systems covering military and commercial markets. Learn the latest information and analysis on the company, VSAT stock price today, stock news, how much one share costs and other information to help you make investment decisions.
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None of the other companies mentioned in the TV & Radio list would work without Viasat. Simply put, it enables TV and radio broadcasting. This company operates worldwide and recently has been building its presence in the Middle East.
Viasat is profitable and is growing rapidly but is under pressure from rising costs, their last quarterly report showed a dip in cash. Viasat directly competes with Elon Musk’s Starlink in the satellite broadband market, but Viasat is the one working with airlines on providing in-flight Wi-Fi. It is also borrowing ideas from Starlink such as focusing more on software, which can improve Viasat’s margins.
The Viasat stock price of $36 (as of 5/27/22) seems reasonable for a company that makes a lot of things happen in terms of communications for consumer, corporate, and military clients.
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