15 Nov 2012 14:25
Avanti Communications
All resolutions passed at AGM
London - 15 November 2012. Avanti Communications Group plc (AIM: AVN, "Avanti" or "the Group"), the satellite operator, is pleased to confirm that all resolutions put to shareholders at its Annual General Meeting today were duly passed.
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For further information please contact:
Avanti Communications Group Plc Tel: +44 (0)20 7749 1600
David Williams, Chief Executive
Sean Watherston, Director of IR and Corporate Finance
Cenkos Securities plc Tel: +44 (0) 20 7397 8900
Nicholas Wells (Nomad)/Julian Morse
Jefferies Hoare Govett Tel:+44 (0) 20 7029 8000
Neil Collingridge/John Fishley
College Hill Tel: +44 (0) 20 7457 2020
Adrian Duffield / Jon Davies
About Avanti
·; Avanti sells satellite data communications services to telecoms companies which use them to supply residential, enterprise and institutional users.
·; Avanti's first satellite called HYLAS 1, launched on November 26th 2010 and was the first superfast broadband satellite launched for Europe.
·; Avanti's second satellite, called HYLAS 2, launched on August 2nd 2012. It extended Avanti's coverage to Africa, Caucasia and the Middle East.
·; Avanti's third satellite HYLAS 3, to be launched in partnership with ESA in 2015, will provide further capacity in the EMEA region.
·; 83% of Avanti's fleet capacity will address the Emerging telecommunications markets of Africa, Caucasia and the Middle East.