14 Aug 2009 07:00
| Date: | 14 August 2009 |
| On behalf of: | Avanti Communications Group plc ('Avanti' or 'the Company') |
| For Immediate Release |
Avanti Communications Group plc
Notice of Preliminary Results
Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, will announce its preliminary results for the year ended 30 June 2009 on Tuesday, 22 September 2009.
An analysts' briefing will be held at 0930hrs on the day at the offices of Avanti Communications. To register to attend or for further information, please contact Redleaf Communications on 020 7566 6700 or by email at avanti@redleafpr.com.
Enquiries:
| Redleaf Communications Ltd | avanti@redleafpr.com |
| Samantha Robbins/ Paul Dulieu/ Michael Ward | 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 new satellite broadband products in Europe is estimated at more than 70 million subscribers.
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.