June 26th, 2006: Boeing considers selling Connexion
Boeing Considers Sale of Airplane Internet Unit
REVIEW DATE: JUNE 26, 2006
NEW YORK, June 26 (Reuters)—Planemaker Boeing Co. said on Monday it was halting expansion of its airborne broadband Internet business and was considering a sale of the slow-growing unit.The unit, called Connexion by Boeing, sells the equipment for airlines and other plane operators to offer passengers high-speed, broadband communications on their airplanes.
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