Company Profits - truth behind the numbers...

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Not sure if anyone noticed but last week ViaSat announced its Q2 2014 profits.  There profits were up to 23.95 million compared to 1.90 million in the same quarter last year. 

ViaSat appears to be on track to make around $100 million dollars this year.  That being said, their new satellite they are currently building will cost them an approximate: $625 million dollars.  Datasheet:   http://www.spacenews.com/article/satellite-telecom/35369viasat-2s-first-of-its-kind-design-will-enab...

Keep that in mind when folks are complaining about the cost of their 80.00 a month service. 

Here's some additional facts to chew on.  I am currently trying to get a communications company to run 2.5 miles of fiber optic cable, they figured it will be around $150,000 of which will be my responsibility 100% to pay for. 

This is a good illistration of the good that ViaSat is doing by offering internet service to area's 99% of other providers wouldn't even consider...
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Mike Howe

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Posted 4 years ago

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Mike Howe

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Another note:  the current ViaSat-1 satellite is capable of providing service to around 1 to 1.25 million users.  They currently have 512,000 users.  The current satellite is capable of around 140gbs.  Fact Sheet:  https://www.viasat.com/files/assets/news/web/Fact%20Sheet%20High-Cap_Sat_VS-1.pdf

With this math being used, it would be capable of supporting EVERYONE online at one time, downloading a file at approximately 256kbps.  That gives you real perspective of the available bandwidth on that bird.
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A. Everett Neuman

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Hi Mike,
So; at $60 cost to me now a month, I could have my own satellite in 10,416,666.6 months. Or 868055.5 years.

Heck Ya! I'm going to the bank right now to get this payment plan setup. No cap on my Gig's after that.

I wounder if they will ask for 20% down???
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Old Labs

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With a 10% down layaway and full payment by December 15, Walmart will launch your bird and have it operational by Christmas.
(Edited)
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Alex, Viasat Corporate Communications

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Thanks for that perspective, Mike. It's certainly true that ViaSat is not resting on its laurels with ViaSat-1 and is moving ahead aggressively on the next generation of high-throughput satellites. ViaSat-2 will cover the entire country and will be even more powerful, enabling us to offer faster speeds and much better data packages. Still 2 years out so the details are yet to come but stay tuned ...
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HMC1940

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I agree with you Mike. I have had very good service with Exede. It cost money for any type of internet service and I feel that Exede is very fair in their pricing. I belong to a couple of social groups online and they have trouble with their internet. They may have trouble for a couple of days where they can't get online. The only trouble I had where couldn't get online was when tria went bad. It was on a weekend and the one day they were going to come had doctor's appointment so they set up another date. Did great job of replacing the tria.  My speeds are good. I have no complaints.
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SonyaA

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You forget the amount of government funding they get also. I believe they got some cash last time on the bail out to help with the last satillite
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Steve Frederick, Champion

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Al that grant went toward providing new rural subscribers get internet service under the special program that provided more data at a lower price. Exede was only authorized the area west of the Mississippi River, east of the river went to HughesNet. That program ended in October 2013  It was  not a grant to launch a new satellite.
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Old Labs

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Exactly Steve, nor was it a bailout - it was used to subsidize those subscribers.
(Edited)
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Ashley Lambert

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Wow so that brought a lot of color to life for me. Check it out. (Because I guess ATT just stopped servicing these lines out here, they don't even work for phone anymore. It has become a waste of possible profits, and the lack of maintenance just shows their dedication to their customers.)I had Hughesnet when I first moved out here in BFE as far as the service and the price that I got the service for I was O.K. with it. My problem was that when I did have a question, or problem and had to speak or communicate with them at all the conversation felt very one sided. Customer Support is over seas. OK, they have an accent, this doesn't bother me it only makes it difficult to understand sometimes. However, there are some things that you don't need to understand what is said at all, because the speed-tone-and loudness will say it all for them. I constantly experienced rude, crude, and perceived uncaring support from this business. However, I have experienced the same reaction from other company's customer support stations and did not terminate my service with them, maybe I was unfair, however I did find Exede. I have been nothing but happy with them. Yeah, the modems are expensive, the service for high speed internet is expensive, but I still get access to the internet after my high speed is up. Which is so important in this day and age. The modem/router is well protected and they do maintain it. In my area, service response speed is very slow, but this is because they just do not have that many customers in this area, I asked the techs that came out and they responded that typically they could answer a call within two days of the call. My favorite part about all of this though is the customer service. I never have to wait for long periods when I call, I love the fact that I can ask for support via chat boxes. (If Hughes net had offered this option for service we might have been ok)  if i have a problem the issue is addressed even if the call must be transferred, or a visit scheduled. I am content to pay what I pay to exude for their service.When I compare the two satellite services Exede is faster then hughesnet when they are both at their worst. Hughesnet wins the other way.... but only because I can barely afford Exede's smallest package and it is used so quickly that I don't know how fast it is. it's already gone by the time i get to the computer. Of course I would prefer a cable company. But, understanding that is not gonna happen for awhile. (one day it will.. just wait) Until then I am more then happy to be a loyal customer to exede and who knows maybe the satellite companies are going to rule the digital divide by being the only ones capable of providing a true private and secure connection to the digital world. I'd keep 'em around just for that.
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Ashley Lambert

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However, with that said. I also believe that the internet should be a 'free' service since it was created and intended to be a gift in the first place.... I also understand that if it was a 'free' service it would not have been able to expand to the great distances it has as quickly as it has and therefore would not have reached all the people that it was intended for. However, I sense a change in the force coming and it will be associated with the IoT. I would be very interested in how Exede plans to continue to grow for this future.
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Dan White

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Nothings Free
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A. Everett Neuman

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I just read there will be an estimated 25 billion connected devices by 2020. That is 3 for every person on the planet.

Here is the article: http://www.zdnet.com/25-billion-connected-devices-by-2020-to-build-the-internet-of-things-7000035660...

They estimate 2.9 billion things connected now and into 2015. 

Data access is big business now and it's going to get bigger. Hard wired connections are going to become old technology. The data caps we are witnessing now are just the beginning. It's big money, and maybe sad but true, its the american way.

Everett
(Edited)

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