Shortseller Kerrisdale turns harsh gaze on ViaSat, consumer satellite broadband

by Peter B. de Selding

PARIS — A well-known Wall Street short seller has mounted a sustained attack on satellite broadband provider ViaSat Inc., saying ViaSat has inflated its consumer-broadband results with non-bandwidth-related add-ons that mask the real story.

In a report on ViaSat that reads like a prosecution brief, Kerrisdale Capital largely bypasses ViaSat’s defense and aeronautical businesses to focus on its core North American consumer satellite broadband service:

Kerrisdale has made a . . .

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