Gogo Inc.Long
BringYourOwnDevice and GOGO In-Flight WiFi
BYOD and GOGO two new popular acronyms in text and talk associated with air travel.
Most Airlines are ditching the seat-back screens and streaming in-flight entertainment and allowing customers to use the plane’s Wi-Fi network. Gogo (GOGO), one of the largest aviation Wi-Fi providers, pitches its MEDIA SERVER to airlines as a cost-saving measure, noting that the product adds “no more weight than a can of ginger ale” when installed. That’s far less than the combined weight of all those seat-back screens, and shedding valuable pounds is a major focus as airlines worry about long-term fuel prices.
Other news, Gogo and T-Mobile (TMUS) teamed up to offer text and voice mail in flight. Rumors are already swirling about GOGO as a possible takeover contender. Although, GOGO is still a new IPO, they've been in the in-flight mobile/wifi business for 20 years.
Chart Pattern: Ascending Cup and Handle with a target of $42.26, which is also the 1.272 Fibonacci extension from previous top to bottom. Also outlined possible resistance areas on the way up.
Most Airlines are ditching the seat-back screens and streaming in-flight entertainment and allowing customers to use the plane’s Wi-Fi network. Gogo (GOGO), one of the largest aviation Wi-Fi providers, pitches its MEDIA SERVER to airlines as a cost-saving measure, noting that the product adds “no more weight than a can of ginger ale” when installed. That’s far less than the combined weight of all those seat-back screens, and shedding valuable pounds is a major focus as airlines worry about long-term fuel prices.
Other news, Gogo and T-Mobile (TMUS) teamed up to offer text and voice mail in flight. Rumors are already swirling about GOGO as a possible takeover contender. Although, GOGO is still a new IPO, they've been in the in-flight mobile/wifi business for 20 years.
Chart Pattern: Ascending Cup and Handle with a target of $42.26, which is also the 1.272 Fibonacci extension from previous top to bottom. Also outlined possible resistance areas on the way up.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.