12 Apr 2011 07:00
Date: | 12 April 2011 |
On behalf of: | Avanti Communications Group plc ("Avanti" or "the Company") |
For Immediate release: |
Avanti Communications Group plc
Directorate Change
Avanti Communications Group plc announces that Ian Taylor has resigned as a non-executive Director of the Company as a result of his appointment by the Minister for Universities and Science as a new member of the Science & Technology Facilities Council.
John Brackenbury, Chairman, said "We thank Ian for the important role he has played as a non-executive director since June 2008 and for his efforts to widen understanding of Avanti's potential during the period which included the successful launch of our first satellite, Hylas 1."
Ian Taylor commented: "I have thoroughly enjoyed working with the Avanti team to whom I pay tribute for their successful achievement in providing satellite access to broadband in remote areas. I wish them well in the launch of further satellites."
The search process for the recruitment of a new independent Non Executive Director will conclude shortly.
---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
Nicholas Wells (Nomad) / Julian Morse (Sales)
Jefferies International Limited Tel: +44 (0) 20 7029 8000
Julian Smith / Thomas Rider
Redleaf Communications Ltd Tel: +44 (0) 20 7566 6700
Paul Dulieu / Emma Kane
Notes to Editors:
About Avanti
¡ Avanti sells satellite broadband services to telecoms companies which use them to supply residential, enterprise and institutional users.
¡ Avanti's first satellite, called HYLAS 1 will launch in November 2010 and will be 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.