The ratings on ViaSat Inc. reflect what Standard&Poor's Ratings Services considers a "weak" business risk profile and an "aggressive" financial risk profile. The business risk assessment takes into account the company's relatively recent entry into the consumer broadband business, which we believe has somewhat uncertain demand prospects and potential for more intense competition than its government systems and commercial networks systems businesses. The company has a sustainable position in the government services segment providing defense network components, although we believe U.S. federal budget pressures will constrain growth in this area. ViaSat uses its WildBlue and ViaSat 1 satellites to provide consumer broadband service generally to regions where cable modem and digital subscriber-line (DSL) services are either nonexistent or,
