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"
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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