Intelsat has completed its US$400 million acquisition of Gogo’s commercial aviation business, creating the world’s leading provider of inflight broadband connectivity to the commercial aviation industry.
The deal brings together the world’s largest satellite operator with the leading provider of commercial inflight broadband and entertainment services. It propels Intelsat into vertically integrated managed mobility services, and deeper into the growing inflight connectivity market. Broadband connectivity for nine of the top 20 global airlines and an installed base of more than 3,000 commercial aircraft are now part of Intelsat’s portfolio of services.
“Combining Intelsat’s next-generation global telecommunications network with Gogo Commercial Aviation’s leading capabilities and airline relationships will create unprecedented innovation in inflight digital connectivity, unlocking exciting new growth and brand loyalty opportunities across the airline industry,” said Intelsat Chief Executive Stephen Spengler. “With our powerful, integrated offering, airlines will no longer need to trade off speed, reliability or availability for coverage, even when flying at full capacity in and out of the busiest airport hubs.”
Leadership Changes
John Wade will remain president of Gogo Commercial Aviation, now a division of Intelsat. He will manage all aspects of the business, including product, sales, account management, quality and service delivery.
Bruno Fromont has been named Intelsat’s Chief Technology Officer. He will lead spectrum strategy, asset planning, product development and innovation. Jon Cobin will be Intelsat’s Chief Strategy Officer, leading the company’s corporate strategy and business development efforts.
“Demand for inflight broadband is expected to grow at a double-digit rate over the next decade, and we remain committed to long-term success in broadband mobility services. With Gogo Commercial Aviation, we will bring our complementary and collective expertise to help solve our customers’ toughest inflight connectivity and entertainment challenges,” said Spengler.
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