Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAVN.L Regulatory News (AVN)

  • There is currently no data for AVN

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Contract win

15 Jun 2009 07:00

RNS Number : 8636T
Avanti Communications Group Plc
15 June 2009
 



Date: 15 June 2009

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

Embargoed until: 0700hrs

Avanti Communications Group plc

Contract Win

Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, has been awarded preferred bidder status (subject only to completion of standard contract documentation) for the rollout of broadband services via satellite to Byrness and surrounding areas in Northumberland. The programme will provide access to high speed broadband services to a rural village currently unable to receive services via any terrestrial alternatives. Avanti will provide services to the village and surrounding area for an initial two year period, with services being migrated to the HYLAS satellite following its launch.

The project is part funded via The North East Regional Portal (part of the ONE North East Regional Development Agency) and has been awarded through the ADIT Broadband & ICT Services Framework.

David Williams, Chief Executive of Avanti, said:

"I am pleased to be able to help more rural communities to join the digital economy. In the light of the objectives of the Government's Digital Britain project, it is clear that satellite technology is now delivering large scale solutions, with much more to come when our HYLAS satellite launches.

"We are already doing this for many regional government agencies around the United Kingdom. Satellite is clearly the only economically viable solution for high speed, high download broadband in the 10% - 15% of the population where population density is low or cable networks are weak."

Enquiries to:

Avanti Communications Group plc

http://www.avanti-communications.com/

David Williams/ Nigel Fox 

020 7749 1600

Redleaf Communications Ltd

avanti@redleafpr.com 

Samantha Robbins/ Paul Dulieu

020 7566 6700 

Cenkos Securities

Ivonne Cantu/ Julian Morse

 020 7678 8000

Notes to Editors:

About Avanti Communications

Avanti sells satellite broadband services to telecoms companies which use them to supply homes and businesses.

Avanti's first satellite, called Hylas is under construction and will be the first superfast broadband satellite launched in Europe.

The market for satellite broadband products in Europe is estimated by the EU at more than 24 million.

Avanti currently provides satellite broadband services to customers in Europe using leased satellite capacity which it will transfer to Hylas on launch.

The European Commission has set aside funding for rural broadband projects in 79 regions across Europe with a total value of €2.8 billion over the next five years.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTFIMLTMMJBBBL
Date   Source Headline
17th Sep 20194:40 pmRNSSecond Price Monitoring Extn
17th Sep 20194:35 pmRNSPrice Monitoring Extension
11th Sep 20195:30 pmRNSAvanti Communications Group
5th Sep 20194:40 pmRNSSecond Price Monitoring Extn
5th Sep 20194:35 pmRNSPrice Monitoring Extension
5th Sep 20193:01 pmRNSResult of GM and cancellation from trading on AIM
28th Aug 20197:00 amRNSHalf-year Report
20th Aug 20197:00 amRNSProposed Cancellation & Notice of General Meeting
7th Aug 201912:18 pmRNSSuccessful Launch of HYLAS 3
29th Jul 201911:57 amRNSResult of General Meeting
5th Jul 20195:00 pmRNSNotice of GM
24th Jun 20193:40 pmRNSResult of AGM
20th Jun 20197:00 amRNSDirectorate Change
12th Jun 20194:41 pmRNSSecond Price Monitoring Extn
12th Jun 20194:35 pmRNSPrice Monitoring Extension
10th Jun 20197:00 amRNSFinal Results
31st May 20199:36 amRNSQuarter 1 Trading Update and Notice of AGM
28th May 20197:00 amRNSClosing of $55 million 1.5 Lien Credit Facility
16th May 201911:52 amRNSExpiration of Consent Solicitation
9th May 20196:00 pmRNSLaunch of Consent Solicitation
1st May 201912:07 pmRNSSecond Price Monitoring Extn
1st May 201912:02 pmRNSPrice Monitoring Extension
8th Apr 20197:00 amRNSLong Term Bandwidth Contract with Turksat
28th Mar 20194:51 pmRNSFinancing and Trading Update
12th Mar 20197:00 amRNSDirectorate Change
8th Mar 20193:59 pmRNSUpdate on Super Senior Notes
13th Feb 201912:07 pmRNSSecond Price Monitoring Extn
13th Feb 201912:02 pmRNSPrice Monitoring Extension
11th Feb 20194:41 pmRNSSecond Price Monitoring Extn
11th Feb 20194:36 pmRNSPrice Monitoring Extension
14th Dec 20187:00 amRNSDirectorate Change
30th Nov 20187:00 amRNSTrading Update
15th Nov 20187:00 amRNSDirectorate Changes
2nd Oct 20187:00 amRNSAppointment of Group Company Secretary
28th Sep 20187:00 amRNSInterim Results
24th Sep 20187:00 amRNSSeven-Year Capacity Lease Agreement
28th Aug 20187:00 amRNSMaster Distribution Agreement with COMSAT INC.
14th Aug 20188:45 amRNSFull Settlement of Arbitration Claim
6th Aug 20184:40 pmRNSSecond Price Monitoring Extn
6th Aug 20184:35 pmRNSPrice Monitoring Extension
10th Jul 201810:15 amRNSUpdate on Final Award in Arbitration Proceedings
25th Jun 20187:00 amRNSAvanti Communications Signs Contract with Viasat
22nd Jun 201812:07 pmRNSSecond Price Monitoring Extn
22nd Jun 201812:02 pmRNSPrice Monitoring Extension
20th Jun 201812:07 pmRNSSecond Price Monitoring Extn
20th Jun 201812:02 pmRNSPrice Monitoring Extension
19th Jun 201812:07 pmRNSSecond Price Monitoring Extn
19th Jun 201812:02 pmRNSPrice Monitoring Extension
18th Jun 201812:07 pmRNSSecond Price Monitoring Extn
18th Jun 201812:02 pmRNSPrice Monitoring Extension

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.