From Nasdaq:



Viasat Inc. has announced the launch of Business Choice Internet Service Plans to provide reliable connectivity to small and medium enterprises, particularly in rural areas. The service offers speeds of up to 100 Mbps and 150 Mbps in certain areas, with a focus on supporting VoIP and unlimited business applications. This initiative is aimed at addressing the limited access to broadband connectivity for small businesses in remote regions, which hampers their growth potential. Viasat’s plans include various communication services like VoIP and video conferencing, as well as backup service plans for network outages or adverse weather conditions. The company is seeking to capitalize on the underserved market segment by providing stable, high-speed broadband to businesses in geographically challenging locations. Additionally, the article provides recommendations for other stocks to consider, such as Model N Inc., Arista Networks, Inc., and NVIDIA Corporation. The article highlights that Viasat’s stock has lost 17.3% over the past year compared to the industry’s rise of 10.7%, and the company currently has a Zacks Rank #3 (Hold).



Original: Viasat (VSAT) Launches Data Plans for Small-Scale Enterprises