6 Nov 2008 11:34
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.
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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, 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.