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Multiband (MBND) Gets Expanded Retail Installation Contract with ViaSat (VSAT)

February 1, 2012 8:31 AM EST
Multiband Corporation, (Nasdaq: MBND), has been awarded an expanded installation fulfillment territory by ViaSat, Inc. (Nasdaq: VSAT). Under the new award, Multiband expects to handle approximately 37% of ViaSat's direct retail installation requirements in the U.S.

Multiband has already begun to ramp up new Exede(SM) by ViaSat broadband installations and expects to significantly increase its gross additions per month with the expanded territory. ViaSat provides broadband Internet access via satellite to homes and small business in cities and rural America over both the WildBlue and new Exede networks. The newest ViaSat technology offers up to 12 MB download speeds.


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