17 Nov 2010 07:00
Date: | 17 November 2010 |
On behalf of: | Avanti Communications Group plc ("Avanti" or "the Company") |
Avanti Communications Group plc
HYLAS 1 Fuelled For Launch
Avanti Communications (AIM: AVN), the satellite broadband operator, has been informed that its HYLAS 1 satellite has been fully fuelled and will be integrated with the Ariane 5 launch vehicle tomorrow ahead of the launch on Friday, 26 November. The launch will be webcast live at www.arianespace.com and will occur in a window between 18.39 and 21.54 Greenwich Mean Time.
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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
Nick Wells / Max Hartley
Jefferies International Limited Tel: +44 (0) 20 7029 8000
Julian Smith / Oliver Griffiths
Redleaf Communications Ltd Tel: +44 (0) 20 7566 6700
Samantha Robbins / Paul Dulieu / Mike Ward
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.
¡ The market for 2Mb satellite broadband products in the markets served by Avanti is estimated at more than 100 million households.