Problems at Viasat (VSAT)
Viasat (NASDAQ: VSAT — $1.34 billion) owns a fleet of around twenty satellites that provide “cost-effective, high-quality broadband, narrowband and other connectivity solutions to aviation, maritime, enterprise, consumer, military and government users around the globe.” The Bear Cave believes new competition led by SpaceX’s Starlink is stealing share from Viasat’s key markets and will continue to grow at Viasat’s expense. And with the election of President Trump, Elon Musk and Starlink have gained a powerful new ally in competing against Viasat. Based on the collective reviews of customers, employees, and engineers, The Bear Cave concludes Viasat is a dead company walking…
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2 years ago · 15 likes · Edwin Dorsey
