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Bloomberg: Google in talks to buy Nokia's airborne broadband system (update)

Apr. 10, 2018 3:55 PM ETAlphabet Inc. (GOOGL) StockNOK, GOGO, GOOGLBy: Brandy Betz, SA News Editor64 Comments
  • Google (GOOGL +1.7%) is in talks to buy Nokia’s (NOK +2.1%) airborne broadband system, according to Bloomberg.
  • More information when/if it becomes available.
  • Update:  Bloomberg sources say Google wants to acquire the broadband business to offer new services to more users by offering high-speed internet during flights.
  • The tech could offer a faster alternative to existing in-flight Wi-Fi.
  • Competitor Gogo (NASDAQ:GOGO) is up 2.3% aftermarket.

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