Viasat Adds TBI As Master Agent To Increase Broadband Access

Viasat, Inc. (NASDAQ:VSAT) recently announced that it has added TBI, a leading telecommunications distributor, as master agent partner to offer its business Internet services.

TBI is one of the leading third-party technology distributors in the United States. It has been assisting IT consultants, value-added resellers, managed service providers to source, advise and quote the right solution for customers.

Focus on Broadband Accessibility

The move has enabled TBI to provide Viasat high-speed satellite Internet to their enterprise and business customers across the United States. TBI agents and business customers can sell broadband services to those places where cable and fiber were unavailable previously.

Furthermore, with Viasat satellite Internet service, TBI business customers will have access to a diverse, resilient secondary connection for business continuity and software-defined wide-area network implementations.

Viasat aims to make broadband accessible to more businesses irrespective of their locations. The company, with TBI and its network, will focus to meet consumer’s growing demand for broadband.

Viasat gives business Internet service unlimited data plans with high speeds in the satellite Internet market. The company is preparing to launch additional business Internet plans by expanding its satellite fleet with ViaSat-2. The commercial service launch of ViaSat-2 has helped the company become the first satellite Internet service provider globally to offer plans with download speeds of up to 100 Mbps.

Viasat continues to maintain a leading position in the satellite and wireless communications market. With the rapid usage of broadband, the user demand for coverage speed and quality has increased which in turn has fueled the demand for network tuning and optimization. The company attracts millions of inadequately-served U.S. consumers and enterprises with its high-quality broadband service.

Share Price Performance

Over the past three months, Viasat’s shares have underperformed the industry with an average loss of 10.8% against a growth of 2.9% for the latter.



Zacks Rank and Stocks to Consider

Viasat currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include Comtech Telecommunications Corp. (NASDAQ:CMTL) , Motorola Solutions, Inc. (NYSE:MSI) and Ubiquiti Networks, Inc. (NASDAQ:UBNT) . While Comtech sports a Zacks Rank #1 (Strong Buy), Motorola and Ubiquiti carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Comtech has a long-term earnings growth expectation of 5%. It beat earnings estimates in each of the trailing four quarters, the average being 123.7%.

Motorola has a long-term earnings growth expectation of 8%. It beat earnings estimates in each of the trailing four quarters, the average being 12.1%.

Ubiquiti has a long-term earnings growth expectation of 18.6%. It exceeded earnings estimates thrice in the trailing four quarters with an average positive surprise of 8.9%.

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