ViaSat, Inc. (NASDAQ:VSAT) Files An 8-K Other Events
Item 8.01. Other Events.

On March 3, 2017, ViaSat, Inc. (together with its affiliates, “ViaSat”) consummated its strategic partnering arrangement with Eutelsat S.A. (together with its affiliates, “Eutelsat”) for the ownership and operation of satellite broadband infrastructure and equipment, and provision of satellite-based broadband internet services in the European region. At the closing of the transaction, Eutelsat contributed and transferred assets relating to its existing wholesale satellite broadband business (including its KA-SAT satellite) to a newly formed subsidiary of Eutelsat, Euro Broadband Infrastructure Sàrl (the “Infrastructure Company”) in exchange for the issuance of new shares in such subsidiary, and immediately following such contribution and issuance, ViaSat purchased 49% of the issued shares of the Infrastructure Company from Eutelsat for €132.5 million. Also at the closing, Eutelsat purchased 49% of the issued shares of a subsidiary of ViaSat, Euro Broadband Retail Sàrl (the “Retail Company”), for an immaterial amount. Under the strategic partnering arrangement, the majority-Eutelsat-owned Infrastructure Company owns and operates the KA-SAT satellite and related assets and offers wholesale satellite capacity services in the European region, and the majority-ViaSat-owned Retail Company purchases wholesale satellite capacity services and offers retail satellite-based broadband internet services in the European region. Also at the closing, ViaSat and Eutelsat entered into shareholders’ agreements and other ancillary agreements with respect to the ownership, management and operation of the two entities.

About ViaSat, Inc. (NASDAQ:VSAT)

ViaSat, Inc. is engaged in broadband technologies and services. The Company operates through three segments: satellite services, commercial networks and government systems. The satellite services segment provides satellite-based broadband services to consumers, enterprises, commercial airlines and mobile broadband customers primarily in the United States. The commercial networks segment develops and produces a range of end-to-end satellite and wireless communication systems, ground networking equipment and space-to-earth connectivity systems. The government systems segment develops and produces network-centric Internet Protocol (IP)-based fixed and mobile secure government communications systems, products, services and solutions, which are designed to enable the collection and dissemination of real-time digital information between command centers, communications nodes and air defense systems.

ViaSat, Inc. (NASDAQ:VSAT) Recent Trading Information

ViaSat, Inc. (NASDAQ:VSAT) closed its last trading session up +1.17 at 66.06 with 636,763 shares trading hands.