Moody's Downgrades ViaSat on Rising Spending, Declining Earnings
Moody's downgraded its ratings outlook on ViaSat from positive to negative, citing lack of clarity about when its earnings decline turns around. Moody's also said Wednesday it expects ViaSat to be "significantly cash flow negative" in FY 2019 as it…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
ramps up spending on two ViaSat-3 satellites while its commercial networks operation still struggles. The company didn't comment.