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Viasat posts upbeat sales on satellite-based broadband services strength, ET Telecom

The satellite communications firm now expects full-year 2024 actual revenue to rise in the range of $4.10 billion to $4.25 billion. The forecast includes 10 months of contributions from British satellite rival Inmarsat, which Viasat acquired for $7.3 billion in May. ....

United Kingdom , Iasat Sales , Iasat Broadband ,

Viasat to cut 800 jobs globally post Inmarsat acquisition, Telecom News, ET Telecom

This move is expected to result in annualised run-rate operating expense cost savings of approximately $100 million beginning primarily in FY2025. Separately, this reduction will also contribute to the attainment of the company’s FY2025 capital expenditure target of $1.4 billion to $1.5 billion, including capitalised interest, Viasat said. ....

United Kingdom , United States , Guru Gowrappan , Ole Rationalization ,

viasat layoffs: Viasat to lay off 800 employees post Inmarsat acquisition

Post-layoffs, Viasat will still have global operations with a majority of its employees continuing to be located in the US and the UK. ....

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Viasat LayOffs: Global Communications Company To Lay Off 800 Employees Post Inmarsat Acquisition

Global communications company Viasat is laying off 800 employees, about 10 per cent of its workforce, and the impact will spread across the business in terms of geographies and divisions. 📲 Viasat LayOffs: Global Communications Company To Lay Off 800 Employees Post Inmarsat Acquisition. ....

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Viasat to Cut 800 Jobs After Inmarsat Acquisition

By Will Feuer Viasat will cut about 800 jobs, or 10% of the satellite company's workforce, after completing its takeover of Inmarsat. The company said the. ....

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