Company’s market investment grows as it reaches 50,000 locations, introduces a localized brand and serves more than 9 million Brazilians through the Wi-Fi Brazil program
SAO PAULO, July 27, 2022 /PRNewswire/ — Viasat, Inc. (NASDAQ: VSAT), a global communications company, has reached the 50,000 sites mark in Brazil, helping to close the country’s digital divide through the provision of high-speed satellite internet throughout the country. This achievement, combined with the introduction of its Brazil brand, further drives Viasat’s commitment and investment in the market. The company, which operates in Brazil since 2018, it has become the first internet service provider (ISP) to offer residential connectivity in 100% of the country.
Satellite Internet can reach even more remote regions where other ISPs cannot, creating economic opportunities for businesses and communities that previously did not have access to reliable, high-quality Internet.
Viasat Internet services have also enabled people to work remotely from home, access online entertainment, stay in touch with loved ones and more, even in regions far from shopping malls. The company’s portfolio of Internet services offered in Brazil includes residential, business and the Federal Government’s Wi-Fi Brazil program in partnership with Telebras.
Viasat’s impact on Brazil: In partnership with Telebras, via the SGDC-1 satellite, Viasat has connected government agencies and millions of students through the Wi-Fi Brazil program, resulting in more than 20,000 Internet access points, including 10,000 points located in rural and indigenous schools, health posts, service facilities, non-profit organizations and more. As a result, more than five million students Those previously without internet in these rural schools and indigenous communities can now benefit from online access. Together, Viasat, Telebras and the Wi-Fi Brazil program have promoted the social and digital inclusion of more than nine million brazilians through internet access points installed in 3,055 cities.
“Exceeding 50,000 sites since becoming from Brazil first and only residential Internet service provider nationwide 18 months ago is a testament to our growth in the Brazilian market. To further boost our commitment in Brazil, we also introduce a localized Viasat brand that includes more vibrant colors that reflect the essence of Brazilian culture. These achievements combined with our collaboration with Telebras and the Wi-Fi Brazil program demonstrate our investment in everything Brazil to help bridge the country’s digital divide and create economic opportunity by giving many Brazilians the ability to use the Internet, many for the first time,” says Leandro Gaunszer, CEO of Viasat Brazil.
Although Viasat’s customers are located throughout the country, 33% of its customers are in the Northeast, followed by 25% in the North and 21% in the Southeast. Regarding consumption habits, 27% of Viasat customers use their satellite internet service to access and send messages on social networks such as WhatsApp, Facebook and tik tok, followed by 21% of customers who use the service to access video and streaming services, including YouTube and Netflix. Finally, 16% of customers use the Viasat service to navigate.
About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. For 35 years, Viasat has helped shape how consumers, businesses, governments and the military around the world communicate. Today, the company is building the ultimate global communications network to power fast, affordable, secure, high-quality connections to touch people’s lives wherever they are—on land, in the air, or at sea. For more information about Viasat, visit: viasat.comto go Viasat Corporate Blogor follow the Company on social networks: Facebook, Instagram, LinkedIn, Twitter either Youtube.
For more information on Viasat Internet service offerings at Brazilcall 0800 948 9010 or visit viasat.com.br.
Forward-looking statements
This press release contains forward-looking statements that are subject to the safe havens created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include statements that refer to the capabilities and expected benefits of the satellite. ViaSat-3. constellation that includes more speed, data and transmission; and Viasat home Internet plan and price, coverage, benefits, speed, quality, and other performance features at Brazil. Readers are cautioned that actual results may 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 anomalies, operational failures or degradation in satellite performance; risks associated with the operation of the SGDC-1 satellite, including the effect of any anomalies, operational failures or degradation in the performance of the satellite; the ability to successfully implement Viasat’s business plan for broadband satellite services within Viasat’s anticipated timeline for all; contractual or other issues with our sales, fulfillment and support partner; product defects, manufacturing problems or delays, regulatory issues; technologies not performing as expected; Viasat’s ability to realize anticipated benefits from its satellite platforms; and increased competition and other factors affecting the connectivity sector in general. In addition, please review 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 they are made. Viasat undertakes no obligation to update or revise any forward-looking statement for any reason.
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SOURCE Viasat, Inc.
