Viasat, Inc. (VSAT)
After hours:
- Barrons.com
Elon Musk’s SpaceX Strikes Deal With United Airlines. ViaSat Stock Plunged.
Shares of the alternative Wi-Fi provider ViaSat plunged Friday after United Airlines announced a deal with Elon Musk’s SpaceX for in-flight internet service. United said Friday that customers would receive free internet access via SpaceX’s space-based Wi-Fi network, called Starlink. The move is a blow to ViaSat, which is a competing supplier of space-based Wi-Fi and a supplier to United.
- Bloomberg
United Air to Offer Free Wi-Fi in Deal With Musk’s Starlink
(Bloomberg) -- United Airlines Holdings Inc. announced a deal for SpaceX’s Starlink to power its inflight Wi-Fi, becoming the first major US carrier to use the satellite system and giving the Elon Musk-run company a marquee customer.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceUS Driving and Congestion Rates Are Higher Than EverFrom Louisville, a Push to Plant Trees for Public HealthAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeFor T
- PR Newswire
Viasat Announces Upsizing and Pricing of $1,975 Million of Senior Secured Notes
Viasat, Inc. (Nasdaq: VSAT) announces that its wholly-owned indirect subsidiaries, Connect Finco SARL and Connect U.S. Finco LLC (together, the "Issuers"), have upsized and priced their offering of $1,975 million in aggregate principal amount of its 9.000% Senior Secured Notes due 2029. The offering was upsized from the previously announced $1,250 million in aggregate principal amount. The Issuers are wholly-owned indirect subsidiaries of Connect Bidco Limited ("Inmarsat"), a wholly-owned indire
