Business
Viasat, Intercorp Perú Ltd. Collaborate to Bring Affordable Internet Services to Unserved and Underserved Communities Throughout Latin America and the Caribbean
Viasat and Intercorp Partner with CBC, the Oldest PepsiCo Bottler Outside the U.S., to Offer Community Internet Service through CBC's Unparalleled
About this update from Viasat, Inc.
[{"type":"text","content":"Viasat and Intercorp Partner with CBC, the Oldest PepsiCo Bottler Outside the U.S., to Offer Community Internet Service through CBC's Unparalleled Distribution Network\n\n\nCARLSBAD, Calif. and LIMA, Peru, Nov. 9, 2021 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, and Intercorp Perú Ltd., one of Latin America's largest business groups focused on providing financial, retail and education services, have entered into a definitive agreement to bring digital and social inclusion to communities in Latin America and the Caribbean using Viasat's proven satellite-enabled Community Internet system. \nThe two companies have been working together to assess geographic markets and to develop the infrastructures, ecosystems, business models and applications needed to successfully bring high-quality connectivity to the hardest-to-reach communities. \n\"Intercorp has been a long-term partner that shares in our vision to positively impact individuals, communities and nations through technological innovation,\" said Rick Baldridge, Viasat's president and CEO. \"Our mission is to provide affordable, high-quality connectivity across the globe. By working with Intercorp, we gain a strong local partner that has depth and knowledge in the Latin American region, bringing distribution and fulfilment services to our Community Internet service. We believe Intercorp is the right partner to help us achieve this mission in Latin America.\"\nThe notion of bringing internet anywhere is of high value to Intercorp. The Company has been looking for an internet service provider partner that could scale connectivity in an economically-sustainable way. This is because in addition to providing a wide-range of financial, retail and education services throughout Latin America, Intercorp has also partnered with IDEO to create Innova Schools, a best-of-breed school system in Peru, and to establish La Victoria Lab, an innovation team whose purpose is to improve the lives of Peruvian people through human-centered design. High-quality connectivity is fundamental to expand opportunities in education.\nCarlos Rodriguez-Pastor, chairman of Intercorp said, \"Viasat is a global leader in satellite technology and has demonstrated its ability to bring economically-challenged communities that were otherwise left behind a scalable, sustainable and cost-...