At t, as the largest fixed line telephone service provider in the United States, announced last week that it intends to acquire the Mexican operator iusacell, which really shocked us. It is generally believed in the industry that at t is preparing for the plan of aircraft WiFi. However, a recent statement of at t has completely dispelled our dream of aircraft WiFi. It seems that the flight mode will be open for some time.
As early as April this year, at t announced that it would enter the aircraft WiFi business. At t said that it already has a lot of infrastructure and thousands of launch towers have been built. And jokingly said that it's OK to make a phone call on Mars. And willing to become a leader in the field of aircraft WiFi. But sadly, at T company issued a statement today that the plane WiFi plan may be stranded.
At the same time, and after a thorough review of our investment portfolio, the company decided to no longer pursue entry into the in-flight connectivity industry, such as our Iusacell and DIRECTV deals,
It is not difficult to see from the statement that at t's current focus is on acquiring Mexico's iusacell company, and the plan of aircraft WiFi may be postponed indefinitely.