GOGO Bye Bye?

Tyler Durden's picture

Some uncomfortable news for the airplane web provider after hours:

  • *AT&T SAYS IN-FLIGHT CONNECTIVITY SERVICE AVAILABLE LATE 2015

GOGO stocks are down 18%... Go Go Gadget "barriers to entry"

 

 

As Bloomberg reports,

AT&T to introduce high-speed 4G LTE-based in-flight connectivity service for airlines and passengers in commercial, business and general aviation.

 

 

Service planned to be available as soon as late 2015

 

AT&T plans to build air-to-ground network in the continental U.S. to deliver service