ITASCA, Ill., May 7, 2012 /PRNewswire/ -- Gogo, a leader of in-flight connectivity and a pioneer in wireless in-flight digital entertainment solutions, announced today that it has reached an agreement to acquire the Airfone business unit from LiveTV, LLC, a wholly-owned subsidiary of JetBlue Airways Corporation. The acquisition will give Gogo a 1 MHz spectrum license currently held by LiveTV.
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The 1 MHz license will be used as a supplement to Gogo's existing 3 MHz license and is expected to enhance its' Air-to-Ground network, which is used to provide connectivity service to commercial airlines and business aircraft over the contiguous United States and portions of Alaska. The agreement is subject to approval by the FCC and is currently under review. If approved by the FCC, the deal is expected to close later this year.
"In many ways, Gogo has continued to expand its Air-to-Ground network and will soon launch ATG-4, which is expected to significantly improve capacity," said Gogo's president and CEO Michael Small. "Acquiring the 1 MHz spectrum license from LiveTV will play an integral role in our continued expansion activities and help us deliver a performance boost for end users."
In addition to acquiring the 1 MHz spectrum license, Gogo also will acquire all of the network infrastructure and back-office operational assets of Airfone and looks forward to working with current Airfone customers now and in the future.
About Gogo
Gogo is fast becoming everyone's favorite part of flying. By allowing travelers to get online, in air, Gogo keeps them connected to life. Using the Gogo exclusive network and services, passengers with laptops and other Wi-Fi enabled devices can get online on more than 1,500 commercial aircraft including all domestic AirTran Airways and Virgin America flights, all domestic mainline Delta Air Lines flights and select Air Canada, Alaska Airlines, American Airlines, Frontier Airlines, United Airlines, and US Airways flights.
Back on the ground, Gogo's 400+ employees in Itasca, IL, Broomfield, CO and London are working to continually redefine flying as a productive, socially connected, and all-around more satisfying experience. Connect with us at www.gogoair.com, on Facebook at www.facebook.com/gogo and on Twitter at www.twitter.com/gogo.
Contact:
Steve Nolan
630-647-1074
[email protected]
SOURCE Gogo
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