Company's in-market investment grows as it
reaches 50,000 locations, introduces localized brand and serves
more than 9 million Brazilians through the Wi-Fi Brasil 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 gap through the provision of high-speed satellite internet
across the country. This achievement, combined with the
introduction of its Brazil brand, further fuels Viasat's in-market
commitment and investment. The company, operating in Brazil since 2018, has become the first
internet service provider (ISP) to offer residential connectivity
in 100% of the country.
Internet via satellite can reach more remote regions even where
other ISPs cannot, creating economic opportunities for businesses
and communities that previously did not have access to reliable and
high-quality internet.
Viasat's Internet services have also enabled people to work
remotely from their homes, access online entertainment, stay in
touch with their loved ones, and more, even in regions far from
commercial centers. The company's portfolio of internet services
offered in Brazil includes
residential, business and the Federal Government's Wi-Fi Brasil
program in partnership with Telebras.
Viasat's impact across Brazil: In partnership with Telebras,
through the SGDC-1 satellite Viasat has connected government
agencies and millions of students through the Wi-Fi Brasil program
resulting in more than 20,000 internet access points, including
10,000 points located in rural and indigenous schools, health
posts, public service facilities, non-profit organizations and
more. As a result, more than five million students who
previously lacked internet in these rural schools and indigenous
communities can now benefit from online access. Together, Viasat,
Telebras and the Wi-Fi Brasil program have boosted the social and
digital inclusion of more than nine million Brazilians
through internet access points installed in 3,055 cities.
"Surpassing 50,000 sites since becoming Brazil's first and only nationwide residential
internet service provider 18 months ago is a testament of our
growth in the Brazilian market. To further drive our commitment
across Brazil, we are also
introducing a localized Viasat brand that includes more vibrant
colors which reflects the essence of Brazilian culture. These
achievements combined with our collaboration with Telebras and the
Wi-Fi Brasil program demonstrate our investment across Brazil to help reduce the country's digital
gap and create economic opportunities by providing many Brazilians
with the ability to use the internet, many for the first time,"
says Leandro Gaunszer, Managing Director of Viasat Brazil.
While 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. In terms of consumption habits, 27% of
Viasat customers are using its satellite internet service to access
and send messages on social networks such as WhatsApp, Facebook and
Tik Tok, followed by 21% of
customers using the service to access video and streaming services
including YouTube and Netflix. Finally, 16% of customers use
Viasat's service for browsing.
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 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:
Facebook, Instagram, LinkedIn, Twitter or YouTube.
To learn more about Viasat internet service offerings in
Brazil, call 0800 948 9010 or
visit www.viasat.com.br.
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 capabilities and benefits of the
ViaSat-3 satellite constellation including more speed, data and
streaming; and the pricing, coverage, benefits, speed, quality and
other performance and plan features of Viasat residential internet
in 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 construction, launch and operation of Viasat's satellites,
including the effect of any anomaly, operational failure or
degradation in satellite performance; risks associated with the
operation of the SGDC-1 satellite, 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 partner; 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.