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Inflight wifi provider Gogo files for a $100 million IPO

December 23, 2011

Gogo, which provides in-flight Internet connectivity on approximately 85% of Internet-enabled North American commercial aircraft, filed on Friday with the SEC to raise up to $100 million in an initial public offering. Gogo's customers include Delta Air Lines, American Airlines and Virgin America. The Itasca, IL-based company, which was founded in 1991 and booked $148 million in sales for the 12 months ended September 30, 2011, plans to list under the symbol GOGO. Morgan Stanley, J.P. Morgan, and UBS Investment Bank are the lead underwriters on the deal. No pricing terms were disclosed.