Viasat's Equatys D2D Venture Reports Key Progress, Secures MNO Engagements
Summary
Viasat and Space42 announced significant progress on their Equatys direct-to-device (D2D) joint venture at Mobile World Congress, providing an early look at priorities and technical direction. This update includes advancements in venture formation, engineering development, and initial commercial engagements with Mobile Network Operators (MNOs) such as e& UAE and PT Telkom Satelit Indonesia. Equatys, first announced in September 2025, aims to establish an independent, neutral, multi-participant shared infrastructure platform to extend 3GPP-based connectivity globally via up to 2,800 satellites. This represents a material step forward in Viasat's strategic initiative to tap into the vast underserved market for satellite-enabled mobile connectivity, demonstrating commercial momentum and potential for future revenue streams. Investors should monitor further partnership announcements and the timeline for phased satellite deployment.
At the time of this announcement, VSAT was trading at $43.50 on NASDAQ in the Technology sector, with a market capitalization of approximately $6.1B. The 52-week trading range was $7.36 to $52.70. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Zawya.