Boston, MA 04/11/2014 (wallstreetpr) – Gogo Inc (NASDAQ:GOGO), a $1.7 billion provider of in-flight Internet, has no doubt its business is heading for major take off. However, a surge in business, as in flight connectivity contracts, is expected to come with some challenges, as well. As such, the company is not only seeking to expand its business network, but also adjusting internally. Among other things, the company is reportedly reworking its workplace structure.
The company wants to ensure the workplace meets its needs of its employees based on their feedback and recommendations. In the workplace restructuring, the company expects to increase employee interaction and collaboration among other things. These changes, the company said, are expected to enhance employee productivity.
According to the company’s manager of facilities Debbie Fangman, the company seeks to have in place more personalized workplace environment. The company announced plans to shift headquarters location later this year. It will move its headquarters from Itasca to River West.
In competitive business environment today, companies are paying premium prices to acquire and retain talents. Gogo Inc (NASDAQ:GOGO) is the latest in the growing list of technology companies that are personalizing workplace and even providing housing to their staff within or around offices. Last year, social media giant Facebook Inc (NASDAQ:FB) announced a real estate project that will bring housing solution closer to its headquarters.
Internet speed
Besides making employees more comfortable at the workplace, Gogo Inc (NASDAQ:GOGO) said it will improve its in-flight Internet solutions. The company announced to use two satellite antennas to handle in-light broadband connectivity. Currently, the company uses Air-to-Ground (ATG) connectivity. However, ATG is limited in many ways that lead to poor or slow in-flight Internet when the aircraft attains certain heights or moves out of the coverage area. Using the satellite antennas, the company will be able to not only improve Internet speeds, but also increase network coverage.
New contracts
The move to improve in-flight Internet quality comes at a time when Gogo Inc (NASDAQ:GOGO) is inking more flight connectivity deals. The company recently announced technical connectivity deal with Boeing Company (NYSE:BA). It also announced a partnership agreement with Air Canada.
These deals will hopefully result in higher revenue, earnings and growth in stock price.
