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 Wins

9 Feb 2011 07:00

RNS Number : 8963A
Avanti Communications Group Plc
09 February 2011
 



Date:

9 February 2011

On behalf of:

Avanti Communications Group plc ("Avanti" or "the Company")

Embargoed for release:

0700hrs

 

Avanti Communications Group plc

Contract Wins

 

Avanti Communications (AIM: AVN), the broadband satellite operator, is pleased to announce a group of five new contracts for the sale of HYLAS 1 services in Europe. New contracts have been signed by Buzz Networks and Rural Broadband UK of the UK, Broadband Algarve of Portugal and Globatel of Spain. Also Prime Satellite Broadband, an existing customer, has signed an extended contract for more capacity and extending the commitment from three years to five years.

 

Commenting, David Williams, Avanti Chief Executive, said:

 

"Since the successful launch of HYLAS 1, sales activity has increased notably. The flexible, efficient Avanti business model combined with attractive pricing and quality of service is clearly resonating with new potential customers around the World.

 

"As our current customers progress their own sales efforts they are likely to top up their commitments next year, so we expect to sell out HYLAS 1 capacity within the planned three years with the growth in demand from existing and new broadband customers. In addition we are experiencing significant bidding activity for large enterprise and cellular backhaul deals which could accelerate the rate of fill."

 

 

---ENDS---

 

 

For further information please contact:

 

Avanti Communications Group Plc Tel: +44 (0) 20 7749 1600

David Williams

 

Cenkos Securities Tel: +44 (0) 20 7397 8900

Max Hartley/ Julian Morse

 

Jefferies International Limited Tel: +44 (0) 20 7029 8000

Julian Smith / Thomas Rider

 

Redleaf Communications Ltd Tel: +44 (0) 20 7566 6700

Samantha Robbins / Paul Dulieu

 

 

Notes to Editors:

 

About Avanti

 

·; Avanti sells satellite broadband services to telecoms companies which use them to supply residential, enterprise and institutional customers.

·; Avanti's first satellite, called HYLAS 1, launched on 26th November 2010 and was the first superfast broadband satellite launched in Europe.

·; Avanti's second satellite called HYLAS 2 is fully funded and will launch in Q2 2012. It will extend Avanti's coverage to Africa and the Middle East.

 

About Buzz Networks

Buzz is an independent Telecoms operator working throughout the UK since 1997. Buzz is active in providing voice and data services to businesses in outlying locations and temporary offices. http://www.buzznetworks.co.uk/ 

 

About Rural Broadband UK

In business since 2000, Rural Broadband provides satellite internet connectivity and installation services to customers based in rural areas in Norfolk and elsewhere in the UK. The company also offers a variety of other related services including: Web hosting, ADSL connectivity, Remote computer support and Online Backup. http://www.ruralbroadband.co.uk/ 

 

About Prime Satellite Broadband

PSB are specialists in satellite based data services and have been supplying satellite broadband connections to their customers since 2003. www.primesatcom.com

 

About Broadband Algarve

Broadband Algarve are a satellite broadband specialist that target expats and touristic resorts in Portugal since 2008. http://www.broadbandalgarve.co.uk/.

 

About Globatel

Globatel are a regional reseller of WiMax services with their own VoIP platform, based in Majorca since 1995, targeting expats and B2B. Their customer base of 3000 users includes hotel resorts in all Balearic Islands, companies and residential end users. www.globatel.net

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTUWSNRAKAURAR
Date   Source Headline
12th Jun 201812:07 pmRNSSecond Price Monitoring Extn
12th Jun 201812:02 pmRNSPrice Monitoring Extension
11th Jun 201812:07 pmRNSSecond Price Monitoring Extn
11th Jun 201812:02 pmRNSPrice Monitoring Extension
7th Jun 201812:07 pmRNSSecond Price Monitoring Extn
7th Jun 201812:02 pmRNSPrice Monitoring Extension
7th Jun 20187:00 amRNSFinal Award in Arbitration Proceedings
30th May 20189:30 amRNSQuarter 3 trading update
2nd May 20187:00 amRNSHolding(s) in Company
30th Apr 20187:00 amRNSDirector/PDMR Shareholding
27th Apr 20184:35 pmRNSPrice Monitoring Extension
27th Apr 201810:42 amRNSAnnouncement of Delisting
27th Apr 20187:00 amRNSResults of Open Offer
26th Apr 20181:36 pmRNSRestructuring Effective Date has occurred
25th Apr 201812:14 pmRNSResults of General Meeting
19th Apr 20189:00 amRNSHYLAS 4 reaches geostationary orbital position
17th Apr 20184:35 pmRNSPrice Monitoring Extension
13th Apr 20184:31 pmRNSHolding(s) in Company
10th Apr 20187:00 amRNSCorrection of Record Date for General Meeting
9th Apr 20182:16 pmRNSClarification on Potential Director Holdings
9th Apr 20188:25 amRNSProposed Restructuring, Open Offer & Notice of GM
6th Apr 20189:30 amRNSNotice to Holders
6th Apr 20187:00 amRNSSuccessful Launch of HYLAS 4
26th Mar 20184:17 pmRNSCourt Sanction Scheme of Arrangement
20th Mar 20185:17 pmRNSUpdate on HYLAS 4
20th Mar 201812:30 pmRNSApproval of Creditors received at Scheme Meeting
16th Mar 20181:03 pmRNSResults of General Meeting
16th Mar 20188:30 amRNSUpdate on HYLAS 4
1st Mar 20184:30 pmRNSHalf-year Report
1st Mar 20182:47 pmRNSNotice of General Meeting
26th Feb 20185:48 pmRNSDirector/PDMR Shareholding
19th Feb 20184:38 pmRNSCourt order to convene a meeting of holders
8th Feb 20182:00 pmRNSSuccessful Consent Solicitations
2nd Feb 20187:00 amRNSDirectorate Change
30th Jan 20187:00 amRNSQ1 Trading Update
25th Jan 20185:57 pmRNSLaunch of Consent Solicitations and Outlook Update
27th Dec 20171:30 pmRNSFinal Results
14th Dec 20174:35 pmRNSPrice Monitoring Extension
13th Dec 20171:34 pmRNSResult of AGM
13th Dec 20177:00 amRNSAnnouncement of Proposed Restructuring
20th Nov 201711:16 amRNSNotice of AGM
9th Nov 20174:35 pmRNSPrice Monitoring Extension
6th Nov 20174:40 pmRNSSecond Price Monitoring Extn
6th Nov 20174:35 pmRNSPrice Monitoring Extension
30th Oct 20174:40 pmRNSSecond Price Monitoring Extn
30th Oct 20174:35 pmRNSPrice Monitoring Extension
17th Oct 20174:40 pmRNSSecond Price Monitoring Extn
17th Oct 20174:35 pmRNSPrice Monitoring Extension
12th Sep 201712:29 pmRNSDirectorate Change
4th Sep 20177:00 amRNSDirectorate Change

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.