Seeking Alpha

DragonWave strikes backhaul supply deal with Gogo, shares fly higher

  • Top in-flight Wi-Fi service provider Gogo has hired DragonWave (DRWI +18.2%) to supply it with its Horizon Quantum and Compact+ mobile backhaul radios. The radios will be used to link Gogo's remote towers to wireline networks. The deal builds upon an existing supply relationship between the companies. (PR)
  • DragonWave's shares soared last week after the company announced a partnership with Chinese wireless infrastructure firm Xi'an Potevio. They continue to trade well below their 2010/2011 levels.
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