Aircell Completes Equity Financing Round

Jan 26, 2010


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Aircell, a provider of airborne Wi-Fi, has announced the completion of the private placement of $176 million in equity securities. This money will be used to support network expansion and operating needs during what the company expects to be a time of robust growth.

Aircell is the creator of the Gogo portal, which, along with its mobile network, brings internet access to commercial airliners.

(www.aircell.com)