Intelsat Closes on Buy of Gogo's Commercial Aviation Business
Intelsat's $400 million buy of Gogo's commercial aviation connectivity business (see 2009010001 and this issue's personals section) is complete, Gogo said Tuesday. Gogo said its focus now will be on business aviation connectivity. It said proceeds from the deal will…
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go toward debt and growth opportunities, including its 5G offering to launch in 2021.