PARIS — Maritime satellite connectivity hardware and service provider KVH Industries reported a doubling of revenue from its no-commitment, connectivity-as-a-service AgilePlans offer, introduced in April 2017, but cautioned that the business will continue to incur operating losses as it moves from conventional to high-throughput (HTS) satellites.
Similar to what satellite broadcasters face in the transition to HD format, KVH will need to maintain its current legacy network of satellite capacity, contracted with Viasat Inc. and others, until it moves its customer base to HTS.
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