Gogo Inc. completes first 5G call with GCT Semiconductor, aiming to provide 5G air-to-ground connectivity

From Financial Modeling Prep: 2025-06-19 18:00:00

Gogo Inc. achieves a milestone by completing its first end-to-end call using 5G technology with GCT Semiconductor, a step towards providing 5G air-to-ground connectivity to North American operators. Roth Capital maintains a “Buy” rating for GOGO with a $16.50 price target, anticipating a 14.58% potential price increase. The company’s 5G ATG system aims to offer high-speed broadband to business aviation users.

Integration of GCT Semiconductor’s 5G chipset into Gogo’s hardware signifies readiness for further testing and optimization. Despite a negative P/E ratio, Gogo’s price-to-sales ratio of 3.34 reflects confidence in sales potential. The company has invested in a network of 170 5G towers, a ‘5G core’ at its data center, and a new 5G aircraft antenna, enhancing connectivity solutions for customers.

CEO Chris Moore aims to deliver 5G connectivity to customers by year-end, with over 300 aircraft pre-provisioned for installations taking around two weeks. Gogo’s high debt-to-equity ratio of 10.85 poses financial risks, despite a current ratio of 1.84 indicating adequate liquidity. The company’s advancements set new standards for in-flight connectivity in business aviation.



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