Last checked at 21 Dec 2016 07:00
Satellite Solutions Worldwide Group plc
("SSW" or the "Company")
Change of Adviser
Appointment of Nominated Adviser and Broker
Satellite Solutions Worldwide Group plc (AIM: SAT), the global communications company specialising in rural and last-mile broadband, announces that it has appointed Numis Securities Limited as its Nominated Adviser and Broker with immediate effect.
Andrew Walwyn, SSW CEO commented, "We are delighted to have appointed Numis to help us on the journey as we consolidate our position as one of largest global providers of satellite and wireless broadband services."
For further information:
Satellite Solutions Worldwide Group PLC | www.satellitesolutionsworldwide.com |
Andrew Walwyn, Chief Executive Officer | Via Walbrook PR |
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Numis Securities (Nomad and broker) Jamie Lillywhite / Simon Willis (Corporate Advisory) James Black / Jonathan Abbott (Corporate Broking) | Tel: +44 (0)20 7260 1000 |
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Walbrook PR (PR advisers) | Tel: +44 (0)20 7933 8780 |
Paul Cornelius / Nick Rome | or ssw@walbrookpr.com |
About SSW
Established in 2008, SSW offers a broad range of satellite broadband services with customers across 32 countries. SSW's solutions target B2C and B2B users, and the Company has products developed specifically for the broadcasting, Police and Military markets. SSW operates a number of brands Europasat (Europe), Breiband (Nordics) and SkyMesh (Australia) and is now the fourth largest independent provider of satellite broadband internet services in the world.
Last year's listing on the London Stock Exchange together with the support from Business Growth Fund and the investor community this year have put the Company in an excellent position to continue strong organic growth in its subscriber base and recurring revenues as well as execute on its preferred acquisition partners. The Directors of SSW believe there is a major opportunity to continue this organic growth and as appropriate consider acquisitions throughout the fragmented European satellite broadband market and further afield.
Working closely with satellite owners and operators, SSW targets customers in the 'digital divide' with solutions that deliver up to 30 Mbps satellite based broadband services or fixed wireless to almost any premises, whether residential, commercial or industrial across Europe and Australia, irrespective of location or local infrastructure.