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Gogo (GOGO) Company Profile

Updated Dec 2, 2019
Gogo has the following business profile:
Company's Full Name:Gogo Inc.
Short Name:Gogo
Trading Ticker Symbol:GOGO
Primary Exchange:NASDAQ
Headquarter City/Country:Illinois, IL
Primary Industry Sector:Consumer Services
Seconday Sub-sector:Telecommunications Equipment
Main Business Areas: Consumer Services, Telecommunications Equipment, Communication Services, Telecom Services, Telecom
Dividend Payments:Dividend History

Market and Trading Information for Gogo

The following details were available for trading and market data about the stock of Gogo as of writing:
Current Share Price:$5.34
Previous Year's Closing Price:$2.99
Percentage Price Change (YTD):78.6%
Market Cap:$470.76 million
52-week Price Range:$2.64 - $7.23
Dividend Per Share:$0
EPS (TTM):-2.28
Price-Earnings (Trailing):0
Price-Earnings (Forward):-8.75

Company Profile and Business Description for Gogo

Gogo Inc., incorporated on December 14, 2009, is a holding company. The Company is a provider of in-flight broadband connectivity and connectivity-enabled services to commercial and business aviation. The Company operates through three segments: Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW) and Business Aviation (BA). As of December 31, 2016, the Company provided its services on 2,943 commercial aircraft. Its BA segment offers a suite of in-flight Internet connectivity and other voice and data communications products and services to the business aviation market. It offers global network solutions, which include global satellite solutions for CA, global satellite solutions for BA and North American solutions for CA-NA and BA, and airborne equipment.

The Company offers connectivity service in the United States to commercial and business aviation aircraft through its own facilities, using its air-to-ground (ATG) License, a nationwide commercial air-ground radiotelephone license that operates in the 800-megahertz (MHz) band. The Company offers two types of airborne equipment that use global satellite solutions for CA: 2Ku and Ku. Its global satellite solutions for BA include Iridium AND SwiftBroadband (SBB). It is a reseller of Iridium satellite service to the business aviation market. The SBB satellite network provides near global coverage, and is supported by three geostationary Inmarsat satellites in orbit and is capable of delivering peak data transmission rates of up to 432 kilobits per second (Kbps). ATG-4 and ATG provide speeds to the aircraft of approximately 9.8 Mbps and 3.1 Mbps, respectively. Its BA connectivity services include Gogo Biz and Gogo Biz 4G, for broadband Internet connectivity in North America using ATG network, and Iridium and SBB for lower bandwidth global connectivity using satellite networks. As of December 31, 2016, BA had 4,172 aircraft online with Gogo Biz, 5,286 with Iridium, 214 with SBB and orders or commitments for more than 500 with Gogo Biz 4G.

The Company offers a package of airborne equipment for its ATG-4/ATG and satellite services. For commercial aviation, the Company also offers installation, certification, and warranty and maintenance services. Its BA business offers Universal Cabin System (UCS), which is a single system that orchestrates, manages and delivers connectivity, entertainment and information services while managing multiple networks. In CA, the Company offers a variety of pricing options to passengers, airlines and third parties tailored by devices, routes, bandwidth and session durations, in addition to monthly and annual subscriptions. In BA, it offers a variety of connectivity services generally priced per aircraft per month.

Through Gogo Vision, the Company's video-on-demand product accessible from passengers' personal electronic devices, commercial and business aircraft passengers can access a large library of entertainment options, which include on-demand movies and television shows. Its Connected Aircraft Services (CAS) enables commercial airlines and business aircraft operators to manage the passenger experience and operational efficiency by leveraging the connectivity it provides to the aircraft. Key data from aircraft sensors, databases and crew inputs can be combined with ground inputs to provide real-time visibility into operations. The Company also provides the end-to-end capabilities required to accommodate a range of customers, which include the development of custom portals for passenger access, round the clock network monitoring, performance reporting, and account support to manage connectivity programs.

CA-NA

The Company's CA-NA segment offers ATG and satellite connectivity and entertainment services to commercial aircraft flying routes generally within North America, operated by Aeromexico, Air Canada, Alaska Airlines, American Airlines, Delta Air Lines, United Airlines and Virgin America pursuant to long term agreements. As of December 31, 2016, CA-NA had 2,676 aircraft online, 1,719 of which were equipped with ATG-4, 898 with ATG, 59 with 2Ku and 2,545 with Gogo Vision, its in-flight entertainment service.

CA-ROW

The Company's CA-ROW segment offers satellite connectivity and entertainment services, using 2Ku and Ku solutions, to commercial aircraft flying routes outside of North America, operated by Delta Air Lines, GOL, Japan Air Lines and Virgin Atlantic Airways pursuant to long-term agreements. As of December 31, 2016, the Company's CA-ROW segment had 267 aircraft online, 259 of which were installed with Ku and 8 with 2Ku and Gogo Vision was installed on 271 CA-ROW aircraft.

BA

The Company's BA segment offers a suite of integrated equipment, network and Internet connectivity products and services to the business aviation market. Its BA connectivity services include Gogo Biz and Gogo Biz 4G, for broadband Internet connectivity in North America using its ATG network, and Iridium and SBB for lower bandwidth global connectivity using satellite networks. As of December 31, 2016, BA had 4,172 aircraft online with Gogo Biz, 5,286 with Iridium, 214 with SBB and orders or commitments for more than 500 with Gogo Biz 4G.

The Company competes with Global Eagle Entertainment Inc., Inmarsat, OnAir, Panasonic Avionics Corp., Rockwell Collins/ARINC, Honeywell Aerospace, Satcom Direct, Thales/LiveTV, ViaSat, SmartSky Networks and Zodiac Inflight Innovations.

111 N Canal St Ste 1500

Peer / Competitor Companies of Telecommunications Equipment Sector

Along with Gogo Inc., the following other peer (competitor) companies also exist within the same Telecommunications Equipment - Consumer Services sector whose company profile and dividend history is as follows:

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▶ ADTRAN (ADTN): ADTRAN, Inc. (ADTRAN), incorporated on November 18, 1985, is a provider of networking and communications equipment. The Companys solutions enable voice, data, video and Internet communications across a range of ....See Detailed Company Profile  and Dividend History.

▶ Alaska Communications (ALSK): Alaska Communications Systems Group, Inc., incorporated on October 13, 1998, is a fiber broadband and managed information technology (IT) services provider. The Company is focused primarily on business and wholesale ....See Detailed Company Profile  and Dividend History.

▶ America Movil SAB (AMOV): America Movil, S.A.B. de C.V. (America Movil), incorporated on October 13, 2000, is a holding company. The Company provides telecommunications services in approximately 30 countries. Its telecommunications services include mobile ....See Detailed Company Profile  and Dividend History.

▶ America Movil SAB (AMX): America Movil, S.A.B. de C.V. (America Movil), incorporated on October 13, 2000, is a holding company. The Company provides telecommunications services in approximately 30 countries. Its telecommunications services include mobile ....See Detailed Company Profile  and Dividend History.

▶ Anixter International (AXE): Anixter International Inc., incorporated on December 6, 1967, is engaged in the distribution of enterprise cabling and security solutions, electrical and electronic wire and cable products, and utility power solutions. ....See Detailed Company Profile  and Dividend History.

▶ Asia Pacific Wire and Cable (APWC): Asia Pacific Wire & Cable Corporation Limited (APWC), incorporated on October 19, 1996, is a holding company that operates its business through operating subsidiaries and associates, which are principally located ....See Detailed Company Profile  and Dividend History.

▶ AT&T (T): AT&T Inc., incorporated October 5, 1983, is a holding company. The Company and its subsidiaries provide communications and digital entertainment services in the United States and the world. The Company ....See Detailed Company Profile  and Dividend History.

▶ Atento (ATTO): Atento S.A., incorporated on April 3, 2014, is a provider of customer-relationship management and business-process outsourcing (CRM BPO) services and solutions in Latin America. The Company offers a portfolio of ....See Detailed Company Profile  and Dividend History.

▶ ATN International (ATNI): ATN International, Inc. (ATN), formerly Atlantic Tele-Network, Inc., incorporated on August 4, 1989, is a holding company. The Companys segments include U.S. Telecom, International Telecom and Renewable Energy. The Company, ....See Detailed Company Profile  and Dividend History.

▶ AudioCodes (AUDC): AudioCodes Ltd. (AudioCodes), incorporated on November 22, 1992, designs, develops and sells Voice over-Internet Protocol (VoIP) and converged VoIP, and data networking solutions, products and applications that facilitate Unified Communications ....See Detailed Company Profile  and Dividend History.

▶ B Communications (BCOM): B Communications Ltd., incorporated in 1999, is focused on the telecommunications industry. The Company has ownership interest in Bezeq The Israel Telecommunications Corp. Ltd. (Bezeq). Bezeq is the principal provider ....See Detailed Company Profile  and Dividend History.

▶ BCE (BCE): BCE Inc., incorporated on August 1, 2004, is a communications company. The Company provides residential, business and wholesale customers with a range of solutions for all their communications needs. The ....See Detailed Company Profile  and Dividend History.

▶ Belden (BDC): Belden Inc., incorporated on May 18, 1988, is a signal transmission solutions provider company. The Company operates through five segment: Broadcast Solutions (Broadcast), Enterprise Connectivity Solutions (Enterprise), Industrial Connectivity Solutions ....See Detailed Company Profile  and Dividend History.

▶ BlackBerry (BBRY): BlackBerry Limited (BlackBerry), incorporated on July 3, 1984, provides mobile communications solutions. The Company is engaged in the sale of smartphones and enterprise software and services. The Companys products and ....See Detailed Company Profile  and Dividend History.

▶ Boingo Wireless (WIFI): Boingo Wireless, Inc., incorporated on April 16, 2001, is a provider of commercial mobile wireless fidelity (Wi-Fi) Internet solutions and indoor direct-attached storage (DAS) services. The Company operates as a ....See Detailed Company Profile  and Dividend History.

▶ BT (BT): BT Group plc, incorporated on March 30, 2001, is a communications services company. The Company is engaged in selling fixed-voice services, broadband, mobile and television products and services, as well ....See Detailed Company Profile  and Dividend History.

▶ Calix (CALX): Calix, Inc. (Calix), incorporated on August 17, 1999, is a provider of broadband communications access systems and software for fiber- and copper-based network architectures that enable communications service providers (CSPs), ....See Detailed Company Profile  and Dividend History.

▶ Cellcom Israel (CEL): Cellcom Israel Ltd., incorporated on January 31, 1994, is engaged in the provision of cellular telephone services. The Company offers fixed-line services. The Company operates in two segments: Cellular and ....See Detailed Company Profile  and Dividend History.

▶ CenturyLink (CTL): CenturyLink, Inc., incorporated on May 7, 1968, is an integrated communications company. The Company is engaged in providing an array of communications services to its residential and business customers. The ....See Detailed Company Profile  and Dividend History.

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