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

Keywords :   


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

Category:Telecommunications

Latest from this category

All news
07.01Microsoft 365 Copilot Business Signals a New Phase of AI Adoption for SMBs
04.01From AI Ambition to Enterprise Reality: Your Playbook for Winning the AI Game
Telecommunications »
10.01This Week in Agribusiness, January 10, 2026
10.01This Week in Agribusiness, January 10, 2026
10.01Musk says X outcry is 'excuse for censorship'
10.01'Out of stock': What went wrong at luxury retailer Saks?
10.01'Unprecedented' numbers seeking debt help post-Christmas, say charities
10.01'Unprecedented' numbers seeking debt help post-Christmas, say charities
09.01Trump's Venezuela oil meeting starts with few concrete promises
09.01EU reaches South America trade deal after 25 years of talks
More »