FCC Renews Gogo’s Air-Ground Licenses for 10 Years
Gogo said the FCC renewed its Commercial Aviation Air-Ground Radiotelephone licenses for an additional 10-year term. Shares were recently up 57% to $3.56 and are down about 24% year to date.
By Josh BeckermanGogo shares rose after the company said the Federal Communications Commission renewed its Commercial Aviation Air-Ground Radiotelephone licenses for an additional 10-year term.Shares were recently up 57% to $3.56 and are down about 24% for the year to date.The renewed licenses cove…