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Intelsat buys Gogo commercial aviation ops for USD 400 mln in cash

2020-09-01 09:02:00| Telecompaper Headlines

(Telecompaper) Satellite operator Intelsat has signed a definitive agreement to buy the commercial aviation business of Gogo for USD 400 million in cash, subject to the usual adjustments. Gogo said it started looking for buyers earlier this month, after reporting a 55 percent drop in revenues for the second quarter.

Tags: commercial cash usd aviation

Intelsat Gogo's into the commercial in-flight connectivity market

2020-09-01 02:00:00| Total Telecom industry news

Intelsat has announced that it is to acquire the commercial aviation business of Gogo a leading provider of in-flight connectivity. Gogo already has an installed base of more than 3,000 commercial aircraft and gives a major boost to Intelsat&rsquo…read more on TotalTele.com »

Tags: market commercial connectivity inflight