9 Sep 2014 05:27
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Don't have an account? Click here to register.Avanti Communications wins broadband contract with Telkom SA
Tue, 03rd Nov 2015 09:20
(ShareCast News) - Avanti Communications has won a contract with Telkom SA to provide national high-speed broadband coverage across South Africa.The provider of satellite data communications services said the service will be supplied using Avanti's HYLAS 2 Ka-band satellite, which has 100% coverage of South Africa across five beams.No financial details were disclosed in the statement.Chief executive David Williams said: "It is of great importance for Avanti to secure the partnership of Telkom in our shared mission to bring broadband to all government sites, businesses and homes in South Africa."The country is Avanti's most important market and is served by HYLAS 2 and HYLAS 4."Avanti said it has now won contracts with the incumbent national telecoms companies in all of its core African markets, in-line with its announced strategy.At 0923 GMT, Avanti shares were up 11% at 260p.
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8 Sep 2014 15:15
8 Aug 2014 16:37
Sector movers: BT and Dixons Carphone drag telecoms lower
Telecoms stocks were among the worst performers in London on Friday with BT Group and newly-merged Dixons Carphone trading in the red. BT was 1.5% lower on reports that the company will have to wait until next month before a court will give its verdict on its long-running battle with BSkyB over who
Read more5 Aug 2014 14:34
BUZZ-Avanti: de-linking
** The pain is unlikely to be over for shares of satellite operator Avanti Communications. ** Volume has ticked higher over the past month as the stock races towards a record low. ** Though none of the 4 analysts tracked by StarMine it a "sell" (3 "buys" & 1 "hold"), the stock ranks v
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Monday broker round-up UPDATE
APR Energy: Liberum Capital reduces target price from 735p to 385p and stays with its sell recommendation. Avanti Communications Group: Jefferies reduces target price from 580p to 250p and downgrades to hold. Dialight: Canaccord Genuity raises target price from 1000p to 1100p and retains a buy rec
Read more7 Jul 2014 16:29
Avanti Comms directors increase company holdings
Satellite operator Avanti Communications on Monday reported that David Bestwick, its Chief Technology Officer, and Nigel Fox, its Chief Financial Officer, had both increased their holdings in the group. The largest of the purchases was made by Bestwick, who bought 4,000 shares at 250.03p each on F
Read more7 Jul 2014 08:47
Avanti Comms selected for government contract in Middle East
Satellite group Avanti Communications has been selected by ESER Telekom, a Turkish telecoms firm, for the delivery of a government contract in the Middle East. Under the agreement, ESER will deploy Ka-band services in the Middle East for an international connectivity programme. "This win further
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