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AGM Statement

15 Nov 2012 14:25

RNS Number : 2503R
Avanti Communications Group Plc
15 November 2012
 



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.

 

---ENDS---

 

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.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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