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

Re Contract

11 Aug 2011 07:00

RNS Number : 1733M
Avanti Communications Group Plc
11 August 2011
 



Date: 11 August 2011

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, is pleased to welcome Novasoft Corporación S.L. ("Novasoft") as a new customer on HYLAS 1 in Spain.

 

Novasoft's subsidiary, Novasoft WiFi Extremadura, is an ICT services provider in Spain. It is working with the Regional Government of Extremadura in a project to provide subsidised broadband services to customers in rural areas that cannot access terrestrial broadband.

 

According to European Union estimates, approximately 10% of residential telephone lines in Spain are unable to operate an internet connection at speeds of 2Mbps or more, equivalent to over 1m potential customers for fast satellite broadband.

 

Commenting, Avanti Chief Executive, David Williams, said: "I am pleased to note again that Avanti's successes in working with government funded rural broadband projects can be replicated around Europe. Our technologies and experience in this field make Avanti and high quality local partners such as Novasoft the safe choice for any government agency wishing to solve rural broadband not spots quickly and cost-effectively."

 

 

---ENDS---

 

 

For further information please contact:

 

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

David Williams / Sean Watherston

 

Cenkos Securities plc 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 Polhill Tel: +44 (0) 20 7566 6700

Emma Kane / Paul Dulieu

 

 

Notes to Editors:

 

About Novasoft

 

Novasoft is an innovative technology based service company operating across Spain. The company specialises in providing solutions to corporate, agency and public sector clients across the ICT, strategic consulting and processing sectors, and maintains a strong ethical position on sustainability and social responsibility. Novasoft employs over 1,000 people and reported revenues of €49 million in 2010 (www.novasoft.es).

 

About Avanti

·; Avanti sells satellite data communications services to telecoms companies which use them to supply residential, enterprise and institutional users.

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

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

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTEASPFFFFFEEF
Date   Source Headline
23rd Jan 20127:01 amRNSContract Win
5th Jan 20127:00 amRNSDirector Shareholding
4th Jan 20127:00 amRNSContract Win
3rd Jan 20127:00 amRNSDirectorate Change
21st Dec 20117:00 amRNSAnnual Report and Accounts
14th Dec 20117:00 amRNSAvanti signs second contract with Bentley Walker
6th Dec 20117:00 amRNSContract Win
25th Nov 201112:29 pmRNSHolding(s) in Company
24th Nov 20112:00 pmRNSResult of AGM
5th Oct 20117:00 amRNSDirector Buys Shares
3rd Oct 201110:08 amRNSDirector Buys Shares
3rd Oct 20119:46 amRNSDirector Buys Shares
3rd Oct 20118:30 amRNSDirector Buys Shares
3rd Oct 20117:01 amRNSSuccessful placing of launch & in-orbit insurance
3rd Oct 20117:01 amRNSContract Wins
3rd Oct 20117:00 amRNSPreliminary Report for the Year ended 30 June 2011
16th Sep 20117:00 amRNSContract Win
8th Sep 20112:05 pmRNSHolding(s) in Company
11th Aug 20117:00 amRNSRe Contract
3rd Aug 20117:00 amRNSRe Contract
1st Aug 20117:00 amRNSDirector Exercise of Options
29th Jul 20117:00 amRNSScheduled Date of Financial Results Announcement
24th Jun 201110:14 amRNSDirector Buys Shares
23rd Jun 20111:15 pmRNSDirector Buys Shares
22nd Jun 20111:40 pmRNSHolding(s) in Company
17th Jun 20117:00 amRNSDirector Buys Shares
17th Jun 20117:00 amRNSDirector Buys Shares
16th Jun 201112:04 pmRNSDirector Buys Shares
31st May 20117:00 amRNSAvonline Contract Announcement
16th May 20117:00 amRNSDirector Buys Shares
12th May 20111:18 pmRNSDirectors Buy Shares
19th Apr 20117:00 amRNSDirectorate Change
18th Apr 20117:00 amRNSLitigation Award and Trading Update
12th Apr 20117:00 amRNSDirectorate Change
5th Apr 20117:00 amRNSDirector/PDMR Shareholding
5th Apr 20117:00 amRNSDirector/PDMR Shareholding
31st Mar 20117:00 amRNSDirector/PDMR Shareholding
28th Mar 201110:01 amRNSHolding(s) in Company
16th Mar 20117:00 amRNSDirector/PDMR Shareholding
15th Mar 20117:00 amRNSCompletion of In Orbit Testing and Service Launch
14th Mar 20114:00 pmRNSHolding(s) in Company
2nd Mar 20117:00 amRNSDirectors Shareholding
1st Mar 20117:00 amRNSDirectors Shareholding
28th Feb 20117:22 amRNSDirectors Shareholding
28th Feb 20117:17 amRNSDirectors Shareholding
25th Feb 20111:20 pmRNSDirectors Shareholdings
23rd Feb 20113:25 pmRNSDirectors Shareholdings
14th Feb 20117:00 amRNSInterim Report for the 6 months ended 31/12/10
10th Feb 20119:45 amRNSNotice of Results
9th Feb 20117:00 amRNSContract Wins

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.