Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says. Watch 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

Contract Win

8 Sep 2008 07:00

RNS Number : 9000C
Avanti Communications Group Plc
08 September 2008
 



Date: September 8th 2008

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 satellite operator, announces that it has signed a distribution agreement with TTComm of Poland. TTcomm is the largest operator of VSAT satellite communication services in Central Eastern Europe. It provides services to large and medium sized corporate customers, governmental institutions, education and media. It counts Hewlett Packard and Conoco as customers.  

This partnership will focus on pursuing rural broadband projects funded by the European Commission as well as other corporate business. The European Commission announced in March 2008 that €1.8bn of Structural Funds budget is available to fund rural broadband.  Of this some €984m is made available to Poland, the largest market.  Avanti recently concluded the market for satellite broadband in Europe will be worth up to £4bn per annum by 2016 and will be the first company in Europe to launch a broadband satellite. Avanti now has distributors for HYLAS in Scotland, England, Ireland, Spain, Italy, Czech Republic, Albania, Serbia, Germany and Poland.

David Williams, Chief Executive of Avanti, said;

"Avanti's success in securing the best distribution partners for rural broadband in Europe is accelerating rapidly. It is satisfying to have secured such a high profile customer in Poland, Europe's largest market for EU funded rural broadband projects, and serves to demonstrate that we have the best quality product. We can supply satellite broadband to our distribution partners at prices from £8 per month and speeds at up to 8Mbps, and are therefore able to bring broadband to many of the 24 million European consumers who cannot receive terrestrial broadband at the most competitive prices and service levels."

Enquiries to:

 

Avanti Communications Group plc

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

David Williams

020 7749 1600

Redleaf Communications Ltd

avanti@redleafpr.com

Emma Kane/ Samantha Robbins/ Rebecca Sanders-Hewett/ Anna Dunkin

020 7822 0200 

Cenkos Securities

Ivonne Cantu / Julian Morse

 020 7678 8000

Notes to Editors:

About Avanti Communications

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

Avanti provides satellite broadband services using spectrum which provides coverage of Europe, India, The Middle East, Central Asia, Africa and the Americas.

Avanti's first satellite, called HYLAS is under construction and due for launch in 2009; the company plans further satellite projects;

HYLAS will be the first broadband satellite to launch in Europe, a market which is expected to be worth £4bn per annum by 2016

Avanti, which has over 10 years' experience in the satellite industry, currently provides satellite data communications services to customers in Europe using leased satellite capacity which it will transfer to HYLAS on launch;

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTLFMLTMMMMBRP
Date   Source Headline
8th Feb 20117:00 amRNSContract Win
21st Jan 20117:00 amRNSContract wins
31st Dec 201011:39 amRNSAnnual Report and Accounts
23rd Dec 20109:41 amRNSResult of AGM
17th Dec 20107:00 amRNSContract Win
15th Dec 20107:00 amRNSHYLAS 1 Update
14th Dec 201012:30 pmRNSHolding(s) in Company
14th Dec 20107:00 amRNSContract Wins
8th Dec 20107:00 amRNSDirectors Shareholding
6th Dec 20107:00 amRNSContract Win
3rd Dec 20105:56 pmRNSDirectors Shareholdings
1st Dec 20107:01 amRNSContract win
1st Dec 20107:00 amRNSPreliminary Results
30th Nov 20107:00 amRNSContract Win
29th Nov 201010:47 amRNSNotice of Results
29th Nov 20107:00 amRNSSuccessful launch of HYLAS 1
26th Nov 20101:14 pmRNSHolding(s) in Company
25th Nov 20107:00 amRNSHYLAS 2 Milestone
17th Nov 20107:00 amRNSHYLAS 1 Fuelled For Launch
29th Oct 20107:00 amRNSLaunch Success
27th Oct 20107:00 amRNSContract Win
27th Oct 20107:00 amRNSContract Win
19th Oct 20107:00 amRNSContract Win
18th Oct 20107:00 amRNSLaunch date set for HYLAS 1
8th Sep 201011:09 amRNSAvanti and Astrium Launch Ka-Band Test-Bed
6th Sep 20109:41 amRNSSchedule Confirmation
16th Aug 20107:00 amRNSContract Win
3rd Aug 20102:02 pmRNSHolding(s) in Company
28th Jul 20109:25 amRNSResult of General Meeting
15th Jul 20107:00 amRNSDirectors' Shareholdings
12th Jul 20107:00 amRNSPLACING OF 16,279,070 NEW ORDINARY SHARES
25th May 20107:00 amRNSContract win
24th May 20107:00 amRNSHYLAS 1 Progress
12th May 20102:28 pmRNSSchedule confirmation
12th May 201012:05 pmRNSHoldings in Company
27th Apr 20107:00 amRNSContract Win
16th Apr 20108:46 amRNSLaunch schedule confirmation
12th Apr 20107:00 amRNSContract Win
6th Apr 20107:00 amRNSContract Win
29th Mar 20107:00 amRNSContract extension
24th Mar 20108:00 amRNSUK Space Agency
11th Mar 201011:18 amRNSDirector Shareholding
11th Mar 20109:44 amRNSDirector Shareholding
10th Mar 20105:23 pmRNSTrading Update, Contract Wins and Launch Schedule
9th Mar 20107:00 amRNSAppointment of Joint Broker
5th Feb 20107:00 amRNSInterim Results
21st Jan 20107:00 amRNSNotice of Results
14th Jan 20107:00 amRNSContract Win
7th Jan 201011:49 amRNSVoting Rights and Capital
6th Jan 201012:00 pmRNSResult of General Meeting

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.