ViaSat Gears Up for Loral Trial, Reports Slower Exede Growth

Satellite broadband hardware and services provider ViaSat Inc. on Feb. 11 said it is ratcheting up legal expenses as it prepares for a March trial in its lawsuit against former supplier Loral over allegations of contract breach and patent infringement.

While Carlsbad, Calif.-based ViaSat reported double-digit percentage increases in revenue and gross profit for the nine months ending Jan. 3, the company said its recent star performer -- the North American consumer satellite broadband service Exede -- added fewer subscribers than expected toward the end of 2013.

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