The ratings on ViaSat Inc. reflect what Standard&Poor's Ratings Services considers a "weak" business risk profile and "aggressive" financial risk profile (as defined in our criteria). 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 the company's government systems and commercial networks systems. 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 acquired the WildBlue satellite business in 2009, and with its new satellite will focus on providing broadband service to regions where cable modem
