Internet on U.S. planes moves closer to takeoff

Iria · Jun 2, 2006, 11:44 PM

Source: Reuters
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WASHINGTON (Reuters) - The prospect of fast Internet connections aboard U.S. commercial airline flights moved ahead on Friday when JetBlue Airways Corp. and another company won licenses for airborne communications services.

LiveTV LLC, a subsidiary of the low-cost airline JetBlue which tries to lure customers with on board satellite television service, won a 1 megahertz wireless license with a bid of $7 million.

The larger 3 megahertz license was won by AC BidCo with its bid of $31.3 million. That company has ties to AirCell Inc., which designs and sells airborne communications systems, and to private equity firm Ripplewood Holdings LLC.

Jun 2, 2006, 11:44 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Internet on U.S. planes moves closer to takeoff Source: Reuters _________ WASHINGTON (Reuters) - The prospect of fast Internet connections aboard U.S. commercial airline flights moved ahead on Friday when JetBlue Airways Corp. and another company won licenses for airborne communications services. LiveTV LLC, a subsidiary of the low-cost airline JetBlue which tries to lure customers with on board satellite television service, won a 1 megahertz wireless license with a bid of $7 million. The larger 3 megahertz license was won by AC BidCo with its bid of $31.3 million. That company has ties to AirCell Inc., which designs and sells airborne communications systems, and to private equity firm Ripplewood Holdings LLC.