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Disruptive terminal technology and pricing will support faster deployment Avanti Communications Group plc (�Avanti�), a leading satellite operator, providing Ka-band satellite data communications services across the UK, Europe, the Middle East and Africa, has formed a partnership Isotropic Systems, the next-generation satellite terminal provider, with to develop self-installing, all electronic scanning terminals. The partnership signals Avanti�s confidence that the transformational optical technology will open new addressable markets with disruptive pricing and enhance a range of mobility applications that service providers can flexibly deliver to consumer, government and enterprise users. Isotropic Systems will customise the terminals specifically to Avanti�s requirements with a special focus on seamless multi-beam tracking, market-leading instantaneous bandwidth as well as significantly lower pricing. The innovative technology will also provide Avanti with the capability to deliver fixed broadband services that consume 90 percent less power with extremely high performance and reliability. A working prototype is expected in early 2019 and full scale production by mid 2020. Graham Peters, Managing Director of Government Solutions, Avanti Communications, said: �We are pleased to partner with Isotropic Systems to lead our industry in creating and addressing new market opportunities based on this disruptive and innovative technology. Avanti is focused on delivering cost-effective high-throughput connectivity to serve our customers across EMEA.� �Demand for broadband increases each day worldwide, and satellite operators such as Avanti, continue to build out their ecosystem to provide HTS services to underserved markets,� said John Finney, founder and CEO of Isotropic Systems. �Our unique technical capabilities and disruptive pricing enable Avanti to unlock the latent demand for HTS capacity by segments that require a significantly lower barrier to entry in terms of the CAPEX but without compromising on expected performance. Having gained the confidence of a long-standing satellite operator reinforces our vision of satisfying the demand for satellite data, mobility and broadband services by significantly minimizing the cost compared to existing ground terminals and making them much simpler to deploy.�
Globecomm Successfully Deploys the First Phase of its Rural Connectivity Programme with Avanti Communications http://www.avantiplc.com/news/globecomm-successfully-deploys/
Disappeared now.
Below is a headline under the latest news section on Avanti's website. It is dated 9th March but the link does not work. Avanti Communications and Isotropic Systems to Develop Self-Installing Terminal to Expand Markets in UK, Europe, Middle East and Africa
So in 2016 Inmarsat bid �1.40 a share which equates to a � 200 million pound market cap. And the debt at the time was $980 million. Let's round the market cap plus debt up to � 1 billion . Now the debt is $ 423 million so to get the market cap plus debt back to the �1 billion we would need a market cap of approx �700 million. When we have 2 billion more shares issued that mean an sp of around 35 p. Also when the original bid was made there was no Hylas 4 in the equation. It's obviously back of fag packet calculations but interested in other views. Cassius
Avanti Communications Group PLC Successful Consent Solicitations Avanti Communications Group PLC (AIM: AVN) ("Avanti" or the "Company") today announces that, pursuant to its previously announced consent solicitations, it has received consents from holders representing 98.09% in aggregate principal amount of its 10%/15% Senior Secured Notes due 2021 (the "2021 Notes") and 87.73% in aggregate principal amount of its 12%/17.5% Senior Secured Notes due 2023 (the "2023 Notes" and, together with the 2021 Notes, the "Notes"). As the Company has received the requisite consents pursuant to each of the consent solicitations, it has executed supplemental indentures to the indentures governing the Notes to effect the amendments approved in each consent solicitation. As a result, revocation rights with respect to each consent solicitation have been terminated.
Anyone got any ideas what the transaction,talked about below, might refer to ? In addition there is a large infrequently recurring transaction in the pipeline that if it closes, would add a further $40 million to Group revenue with $18 million of associated costs in the current year
Avanti Communications� HYLAS 4 satellite to deliver digital education to African schools Avanti Communications Group plc (�Avanti�), a leading provider of satellite data communication services in Europe, the Middle East and Africa (EMEA), has agreed a partnership with Global Partnership for Education (�GPE�), an international organisation which ensures children across developing countries have access to quality education, and has pledged to deliver satellite broadband via its new High Throughput Ka-band Satellite, HYLAS 4, to 1,000 rural schools across Africa. Through HYLAS 4, which is launching in March 2018, remote and marginalised schools in Africa will be able to access the internet for approximately $10 a day, gaining access to eLearning and digital opportunities. The connectivity will be delivered via Avanti�s ECO (�Every Community Online�) which provides school and surrounding community with Wi-Fi access. Community members can download the ECO mobile payment app and make micropayments for broadband credits which convert to data allowances delivering community transformation in rural Africa through connectivity. Avanti is one of four initial companies who have pledged to improve and provide affordable education systems, enabling access to learning opportunities for children in developing countries over the next three years. The HYLAS 4 satellite will deliver high speed reliable connectivity for home-users, enterprises, Mobile Network Operators and Governments across Sub-Saharan Africa. Graham Peters, Managing Director of Avanti Government Solutions said �Avanti believe all children have the right to education and a digital future, and through our partnership with The Global Coalition of Education, we can provide schools across Africa with internet access via our HYLAS 4 satellite, which enables school children and teachers to access to the latest eEducation and digital opportunities that are available.�
Are those 195k trades a rollover ? Looks like it to me.
I understood your point SS and I agree with it. �1.40 was very close a few months ago,now it seems as if it will take many years to reach that price.
SS, �1.40 after the new equity would value us at nearly �3 billion !! Cannot see that happening anytime soon.
and again today
From the real Stan on iii :- Restructuring is game changing. Mood at AGM today was very upbeat. $557m debt written off in exchange for shares worth approx £140m (2bn at 7p) Cash interest reduced by $92m per annum. Shareholders get diluted but company is now secure for the foreseeable future.
Yes, reality check for me after reading the situation completely wrong last night. So to get to the £1 sp that I was looking for , the company would have a market cap of over £2 billion. Even 10p will be over £200 million. Looks like a long road ahead for people who bought in at higher levels.
So existing shareholders left with 7.5%. The other 92.5 % is worth $550 million. That makes our 7.5% worth $44.5 million. At the moment that $44.5 million is valued at £10 million . Am I seeing things correctly or dreaming ? If I am right we could see multiples of the sp when this is announced. 20p ???
https://beta.companieshouse.gov.uk/company/07517889/filing-history
Oldpabear. The link that I posted is an old article from February and talks of a deal between Indonesian authorities and Avanti (Artemis). I wondered if this was the original deal that you were thinking of in other words the deal that has a missed payment.
Is this what you are referring to ,oldpabear ? https://www.spaceintelreport.com/airbus-space-division-revenue-flat-in-2016-orders-include-5-telecom-satellites/
Nice find, Robbie. No announcement from Avanti yet. Not on the Avanti website either. Perhaps to be announced in the near future.
Really Matt ????? The most intelligent posts on this board for a long time. I thought the post about the satellites being insured was pure genius. I don't think you are getting the hang of thus ramping lark yet, Matt.