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Company Research

6 Nov 2008 11:34

RNS Number : 6027H
Avanti Communications Group Plc
06 November 2008
 



Date: 6 November 2008

On behalf of: Avanti Communications Group plc ("the Company")

For immediate release

Avanti Communications Group plc

Company Research

Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, has retained the services of Equity Development to produce regular research which is designed to help the Company to communicate its prospects to its retail investor base.

The first issue of the research is now available on Avanti's website at https://www.avantiplc.com/investors_avanti_news.htm.

- ends -

Enquiries to:

Avanti Communications Group plc

www.avanti-communications.com

Nigel Fox

020 7749 1600

Redleaf Communications Ltd

www.redleafpr.com 

Emma Kane / Samantha Robbins

020 7566 6700

avanti@redleafpr.com 

Notes to Editors: About Avanti Communications

Avanti Communications Group plc is the only licensed Fixed Satellite Services operator headquartered in the UK (and one of only eight such groups operating in Europe);

Avanti sell satellite broadband services to wholesale customers targeting consumer, enterprise and institutional markets.
Avanti's first satellite, called Hylas is under construction and due for launch in 2009; the company plans further satellite projects

Avanti, which has more than 10 years' experience in the satellite industry, currently provides satellite broadband services to customers in Europe using leased satellite capacity which it will transfer to Hylas on launch

No further funding is required for the Hylas project following successful completion of a long term debt facility in July 2007.

The European Commission has set aside funding for rural broadband projects in 79 regions across Europe with a total value of €1.8 billion over the next five years.

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