Latest Share Chat

AVN.L Share News (AVN)

AVN.L Information

There is currently no data for AVN

Avanti Communications Wins South African Broadband Contract

Tue, 03rd Nov 2015 09:07

LONDON (Alliance News) - Avanti Communications Group PLC on Tuesday said it has signed a deal with Telkom SA to provide high-speed broadband coverage in South Africa.

Avanti will supply the service using its HYLAS 2 Ka-band satellite, which provides 100% coverage to South Africa.

No financial details were disclosed on the multi-year deal.

"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," said Avanti Chief Executive David Williams.

"Avanti has now won contracts with the incumbent national telecoms companies in all of its core African markets, in-line with its announced strategy," he added.

Shares in Avanti were up 11% to 260.00 pence on Tuesday morning.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

More News

29 Feb 2016 08:42

Avanti Wins Satellite Communications Deal With Turkey's isNet

4 Feb 2016 12:27

Avanti Communications posts narrower first half loss

(ShareCast News) - Avanti Communications, which provides satellite data communications services, said its loss for the half year narrowed. For the six months to the end of December 2015, the loss narrowed to $45.5m (£31m) from $48m, on largely flat revenue of $31m compared with $31.1m in the same pe

28 Jan 2016 16:03

Earnings, Trading Statements Calendar - Week Ahead

17 Dec 2015 08:55

Avanti Communications Appoints New Sales Director, Sees Strong Quarter

7 Dec 2015 11:24

UPDATE 1-Avanti to provide satellite broadband to remote areas of Britain

(Adds background, Avanti shares) LONDON, Dec 7 (Reuters) - Satellite group Avanti Communications won a contract with BT to help supply broadband services to British homes that have slow connections on terrestrial networks. The company said on Monday that up to 300,000 homes that could

7 Dec 2015 07:51

Avanti Communications Inks Universal Service Commitment Deal With BT

7 Dec 2015 07:21

Avanti to provide satellite broadband to remote areas of Britain

LONDON, Dec 7 (Reuters) - Satellite group Avanti Communications has won a contract with BT to help supply broadband services to British homes that have slow connections on terrestrial networks. The company said on Monday that up to 300,000 homes that could not access speeds greater than 2Mb

20 Nov 2015 16:16

AGM, EGM Calendar - Week Ahead

12 Nov 2015 10:44

Avanti Communications Expects Strong Growth To Continue

3 Nov 2015 09:20

Avanti Communications wins broadband contract with Telkom SA

(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

17 Sep 2015 16:09

DIRECTOR DEALINGS SUMMARY: New Marks And Spencer CFO Buys Shares

17 Sep 2015 08:47

DIRECTOR DEALINGS: Avanti Communications Non-Executive Buys Shares

16 Sep 2015 15:27

Avanti Communications' full-year loss narrows as revenue grows

(ShareCast News) - Avanti Communications posted a slightly narrower pre-tax loss for the year ending 30 June as revenue grew. The company, which provides satellite data communications services, reported a loss of $73.3m, narrower than the $87.7m loss last year, as revenue rose 30% year-on-year to $8

16 Sep 2015 08:21

Latest Share Chat

AVN.L Share News (AVN)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Avanti Communications Wins South African Broadband Contract

Login to your account

Quickpicks are a member only feature

Login to your account