PARIS — Satellite broadband hardware and service provider Viasat Inc. said the two defective Ka-band antennas on the Viasat-2 satellite will have the biggest effect on the core consumer-broadband market and reinforce the company’s priority of favoring fewer high-paying customers over an expanding subscriber base.
Viasat said it had filed a $188 million claim for the antenna defect with the company’s insurance underwriters — less than the originally forecasted $200 million — and had already received an initial payment of $44 million.
Viasat Chief Executive Mark . . .
To view the entire article, become a subscriber!
