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ViaSat (VSAT) Q1 2022 Earnings Call Transcript

ViaSat (VSAT) Q1 2022 Earnings Call Transcript
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Intelsat Continues to Reap Benefits from Gogo Acquisition in Q2

Intelsat Retires Gogo Brand for In-Flight Connectivity Services

Photo: Via Satellite/Freepik.com/Wavebreak Media Intelsat is dropping the name Gogo from the Commercial Aviation division that it retired last year, the company announced July 13.  Intelsat announced the move to acquire Gogo’s Commercial Aviation division in August 2020, and the $400 million cash deal closed in December 2020 after it was approved by Intelsat’s bankruptcy court and creditors. The satellite operator is still undergoing Chapter 11 reorganization. Gogo is still a publicly traded company and is developing a 5G network for business aviation customers.  John Wade, former Gogo president of Commercial Aviation, continues to lead Intelsat’s Commercial Aviation business division as president. 

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