ViaSat Fiscal 2012 Year-End Earnings Conference Call May 17

[Phainein]

According to the following linked article

http://www.utsandiego.com/news/2012/...gher-expenses/

Good Find - "The company expects to continue to face higher expenses over the next several quarters related to costs of signing up Exede customers – which typically cost about $700 initially to acquire."

[jamizer]

They did have 49,000 installs. But when you subtract the disconnects and upgrades the net was 8000 new subscribers. This was noted on the conference call.

[Birdman333]

They did have 49,000 installs. But when you subtract the disconnects and upgrades the net was 8000 new subscribers. This was noted on the conference call.

Yep, you're correct. Here's an article that breaks it down a bit better.

http://www.spacenews.com/satellite_t...t-service.html


From the article :

The results for the three months ending March 30 show the transition issues. Of the 49,000 new customers to Exede, 7,100 were former WildBlue customers seeking the higher-speed service. Another 33,900 WildBlue customers ended their subscriptions during the three-month period, meaning that ViaSat’s total consumer broadband subscription base grew by just 8,000, to 385,000, as of March 30.


A dismal start, IMO!

[jamizer]

Perhaps it is just subscribers through Viasat however?

And while they expect the install numbers to grow in the next few quarters, they are going to have to deal with the competition. Verizon Homefusion is now in some parts of the country. Hughesnet Gen4 could very well be operational by September. Then there is the matter of the cap levels...which will probably be enforced in the next few months and it will be interesting to see how that will be received by existing Exede customers.

I was also surprised about a survey where 30% of the new subscribers were converters from landline internet (such as DSL or cable). That might have also included 3g and 4g users. Maybe that 30% is the group that is using a lot of the data since there is no cap right now