Intelsat Makes $400 Million Bid for Gogo's In-Flight Wi-Fi Service From Bankruptcy


Skift Take

New owner Intelsat will need to invest in Gogo's internet services. Airline customers like Delta are impatient with Gogo's capacity to meet their needs.

A bankruptcy court okayed on Monday satellite communications provider Intelsat's plan to buy part of in-flight internet provider Gogo for $400 million in cash. "Gogo's business is a perfect fit with Intelsat's expansive satellite network and infrastructure," said Intelsat CEO Stephen Spengler in a statement. As part of the deal, Gogo will enter into a 10-year network services deal under which Intelsat will have exclusive access to Gogo'