TAMPA, Fla. — Viasat expects to announce a contract within weeks to build the first satellites for Equatys, the joint venture announced last year with Space42 to pool Mobile Satellite Services spectrum for global direct-to-device services.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...