EU Drafts 2GHz Spectrum Split, Potentially Impacting Viasat's US Licenses
Summary
Viasat secured a $437.7 million U.S. Space Force contract for Protected Tactical Satellite-Global work. This contract win was previously reported yesterday. Separately, the EU is drafting a reallocation of the 2 GHz MSS band, which could impact Viasat's US licenses set to expire in May 2027. The contract is a significant revenue stream, while the EU regulatory change presents both potential new commercial opportunities and strategic challenges for Viasat's spectrum holdings.
At the time of this announcement, VSAT was trading at $86.28 on NASDAQ in the Technology sector, with a market capitalization of approximately $11.6B. The 52-week trading range was $8.61 to $87.48. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.