Massive expansion costs are set to give way to recurring revenue growth. That is the message Viasat delivered as it issued is most recent earnings numbers this week. Even as the company pushes forward with the build-out of its new ViaSat-3 constellation with dramatically more bandwidth and geographic coverage, it hopes to convert the existing capacity into new deals and new subscribers, with a significant push into new inflight connectivity markets, among other areas.
More inflight connectivity opportunities are opening up in China. Viasat is the latest provider to make a move, inking a deal this week with China Satcom to partner on efforts to grow the market and connect planes in the region. The partnership combines Viasat’s on-board experience with China Satcom’s business license, satellites and access to the domestic market.