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Message: Rumor Central

Rumor Central

posted on Jan 19, 2010 12:27AM

Rumor Central: Last week, if you remember, we broke the story about AeroMobile being in “administration”. We do know the administrators were shopping the assets around London. To refresh your memory, AeroMobile was originally a 50/50 joint venture of ARINC and Telenor. But since then Telenor has bought up more and more of ARINC's interest and now owns 98.88%. ARINC holds 0.12% but has basically dropped out of the project. It is possible they could stand there and watch Telenor buy their own 99% and negotiate for better terms, but why wouldn't Panasonic want to gain leverage? Remember, AeroMobile is connected at the hip to the Panasonic worldwide connectivity initiative. So doesn't it seem logical that the IFE top dog should be in on the bidding war? We think so but the bidders are not talking. The product is very important to Panasonic. We would be surprised if they sat back and let OnAir walk away with it. It will be interesting. We guess we are saying one should not be surprised to find the Brunnerites in the airborne calling business!

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