ViaSat (VSAT) Rolls Out New Wi-Fi Service Plans For NCDOT
Zacks Investment Research | Sep 15, 2016 09:56PM ET
Global broadband services and technology company,ViaSat Inc. (NASDAQ:VSAT) , has signed an agreement to offer new Wi-Fi service plans to the North Carolina Department of Transportation (NCDOT) Rail Division. The service will cater to the Piedmont railway passengers traveling between Raleigh and Charlotte, NC.
Passengers will now be able to enjoy faster speed and more options when surfing the web, engaging in social media, checking and responding to email and staying connected while traveling, thanks to the tiered new service plans.
ViaSat has assisted NCDOT to launch their wireless Internet services onboard the Piedmont Rail earlier; and the new service will enable it to deliver a more consistent Wi-Fi experience with higher speed. ViaSat managed Wi-Fi services include end-to-end management of Wi-Fi networks, right from network design, installation and reporting to monitoring and end-user support.
Earlier this month, ViaSat and its long-time partner – Eutelsat – signed an agreement to provide in-flight Wi-Fi services with Finnair. The contract entails the installation of a high-speed wireless Internet network on the airline’s entire Airbus A320 series short-haul fleet flying in Europe.This followed a similar contract with EL AL Israel Airlines, which is currently in the customer trials phase, and is scheduled to enter full retail service by the end of this year.
ViaSat has, to date, installed its system on about 500 commercial airplanes. This figure includes most of the United Continental Holdings, Inc.’s (NYSE:UAL) Boeing (NYSE:BA) 737 fleet as well as the JetBlue Airways’ aircraft.
VIASAT INC Price and Consensus
Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.