AT&T says it has abandoned plans to develop an air-to-ground (ATG) 4G network.
The company had announced the scheme in April, promising then that the network would “transform airborne connectivity”.
News that AT&T has pulled out of the market was first reported by Mary Kirby at Runway Girl Network.
According to CNN Money, Emily Edmonds, an AT&T spokeswoman, said: “After a thorough review of our investment portfolio, the company decided to no longer pursue entry into the in-flight connectivity industry.”
The share price of ATG specialist Gogo reacted well to the news, gaining more than 8%.
The AT&T news leaves Gogo as the only company involving in the ATG business in the US and Canada. Inmarsat is currently working on developing a European-wide ATG network.