ViaSat posts quarterly loss, expects to offer faster Internet from new satellite in February

ViaSat posts quarterly loss, expects to offer faster Internet from new satellite in February

Satellite Internet provider ViaSat swung to a loss for its fiscal second quarter as it ramped up expenses ahead of offering subscribers service with its new high-speed satellite launched in June.

The company reported a loss of $13.7 million, or 24 cents a share, under Generally Accepted Accounting...