Tue, 03rd Nov 2015 09:20
** Satellite communication services provider Avanti Communications shares up 9.5%, best day since August ** Co says begun process to pay debt due in Oct. through debt issue which matures in 2019, to address liquidity issue ** Co sees rev growth 35-40 pct over next 2-3 yrs ** 45%
Read more(ShareCast News) - Satellite data communications services company Avanti Communications issued a statement on Friday afternoon, as its share price surged. The AIM-traded firm offered little explanation in its two-line release, however, as its stock shot up more than 35% to 44p. "As announced on 11
Read more(ShareCast News) - Inmarsat has passed up the opportunity to make a bid for cash strapped smaller rival Avanti Communications, which put itself up for sale last month. Inmarsat responded to Avanti's advisers when they made contact as part of the AIM company's strategic review and formal sale proc
Read more(ShareCast News) - Data communications outfit Avanti said it had signed its first pre-launch contract for capacity on the HYLAS 4 satellite. Avanti said it will supply Bentley Walker, one of its key existing customers, with capacity on HYLAS 4 across Sub-Saharan Africa in a $1m commitment. HYLAS 4
Read more