Viasat and BSNL Showcase Direct-to-Device Satellite Connectivity Breakthrough in India
Portfolio Pulse from Benzinga Newsdesk
Viasat, Inc. (NASDAQ:VSAT) has successfully demonstrated direct-to-device satellite connectivity in India, showcasing two-way messaging services at the India Mobile Congress. This breakthrough, in partnership with BSNL, highlights the feasibility of satellite services for consumer and IoT devices, aligning with new global mobile standards.
October 15, 2024 | 8:47 am
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Viasat's successful demonstration of direct-to-device satellite connectivity in India, in partnership with BSNL, marks a significant technological breakthrough. This could enhance Viasat's market position in satellite communications, especially in emerging markets like India.
The successful demonstration of direct-to-device satellite connectivity in India positions Viasat as a leader in satellite communications. This breakthrough aligns with global mobile standards and could lead to increased adoption of Viasat's services in emerging markets, potentially boosting its stock price.
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IMPORTANCE 80
RELEVANCE 90