Gogo Inc. shares fall 3.02% intraday after Airspan Networks completes 5G ATG call using Gogo's platform.

Gogo Inc. declined 3.02% in intraday trading. The company was involved in a recent news event where Airspan Networks Holdings LLC successfully completed the industry's first end-to-end 5G Air-to-Ground (ATG) call using commercial equipment. The call utilized Airspan's programmable In Motion 5G platform in collaboration with Gogo and GCT Semiconductor Holding Inc. ('GCT') using a 50 MHz channel in the 2.4GHz spectrum band. Airspan's end-to-end programmable 5G platform is a modular, Open RAN-based architecture engineered for high-performance connectivity in high-speed and high-altitude environments.