Gogo weighs global broadband solution amid boost in financial guidance

Stock has jumped 27% in value since enhancing guidance

Chicago-based in-flight connectivity provider Gogo (Nasdaq: GOGO) is evaluating a global broadband solution as it plans the rollout of high-speed connectivity amid management’s anticipation of organic growth over the near term. The company recently enhanced its long-term financial guidance.  Gogo, which has not formally announced the global broadband idea, would allow its provider to upgrade aircraft with AVANCE, Oakleigh Thorne, president and chief executive officer at Gogo, disclosed to Connectivity Business. AVANCE is the company’s air-to-ground (ATG) internet solution for business aircraft across the continental U.S. and parts of Alaska […]

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