CARLSBAD, Calif., March 16, 2020 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, announced today its commitment to meet the FCC's "Keep Americans Connected" pledge. Viasat will work with its residential and small business customers to keep them connected, lessening potential health and economic impacts associated with the coronavirus.
In alignment with the FCC's request to all Internet Service Providers (ISPs), Viasat pledges for the next 60 days to: (1) not terminate service to any residential or small business customers because of their inability to pay their bills due to the disruptions caused by the coronavirus pandemic; (2) waive any late fees that any residential or small business customers incur because of their economic circumstances related to the coronavirus pandemic; and (3) open its Wi-Fi hotspots, in conjunction with partners, to any American who needs them.
Mark Dankberg, chairman and CEO of Viasat commented, "We understand this is an extremely unsettling time for many of our customers as the world confronts the threat of COVID-19. Our goal is to help provide internet continuity to all of our customers who count on us to stay connected—whether at home or at work. We are committed to enable our customers to stay informed, productive and connected to friends, family, colleagues and loved ones."
More information on Viasat's commitment in response to COVID-19 Viasat is committed to ensuring the safety and well-being of its employees, as well as ensuring the continuous delivery of products and services to its customers and partners. Read Viasat's commitment here.
About Viasat Viasat is a global communications company that believes everyone and everything in the world can be connected. For more than 30 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to Viasat's Corporate Blog, or follow the Company on social media at: Facebook, Instagram, LinkedIn, Twitter or YouTube.
Forward-Looking Statements This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward looking statements include among others, statements about Viasat's commitment and response to the COVID-19 outbreak. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: risks associated with the operation of the satellite used to supply these new services, including the effect of any anomaly, operational failure or degradation in satellite performance; changes in relationships with, or the financial condition of, key customers or suppliers; reliance on a limited number of third parties to manufacture and supply Viasat's products; increased competition and other factors affecting the communications industries generally. In addition, please refer to the risk factors contained in Viasat's SEC filings available at www.sec.gov, including Viasat's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.