Fairly predictable demand in the government defense network components niche; The December 2009 Wildblue acquisition provides ViaSat an expanded position in the satellite broadband services segment; and Moderate leverage of 3x currently. High degree of competition for consumer broadband customers both from numerous players, including cable TV operators, large phone companies, and terrestrial wireless products; and Likely to be net free cash flow negative through at least the fiscal year ending March 31, 2011 due to significant expenditures for launch of the ViaSat 1 satellite. The rating on ViaSat Inc. reflects the risks associated with its entry into a new business line with uncertain business prospects and potential for more intense competition than its core defense-related business. The company has
