Entering text into the input field will update the search result below

ViaSat -1.9% as Eutelsat exits deal, chooses Thales

Apr. 06, 2018 11:31 AM ETViasat, Inc. (VSAT) StockEUTLY, ETCMYBy: Jason Aycock, SA News Editor
  • ViaSat (NASDAQ:VSAT) is 1.9% lower after Eutelsat (EUTLF +3.2%) stepped out of a deal to use the ViaSat-3 satellite, choosing instead a local alternative in Thales.
  • Viasat notes it's still "excited" about ViaSat-3 for the EMEA region.
  • With no binding agreement with Eutelsat, the company's capital plan isn't dependent on Eutelsat participating to move forward, ViaSat says.
  • And it confirms the decision has no impact on current contracts: "The current Viasat/Eutelsat joint venture, which has been in operation for more than one year, will continue to be governed under the existing agreements.

Recommended For You

More Trending News

About VSAT Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
VSAT--
Viasat, Inc.