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Directorate Change

14 Nov 2013 07:00

RNS Number : 9835S
Avanti Communications Group Plc
14 November 2013
 



Avanti Communications

 

Paul Walsh to take over as Chairman

 

London - 14 November 2013. Avanti Communications Group plc (AIM: AVN, "Avanti" or "the Group"), the satellite operator, has appointed Paul Walsh Deputy Chairman with effect from 14 November. He will become Chairman on 27 March 2014, thereafter John Brackenbury will continue to serve as a Non-Executive Director.

 

John Brackenbury CBE, Chairman said

 

"I am delighted that Paul has agreed to take over as Chairman in line with our succession planning. Paul's outstanding track record in growth markets and at the top of International corporate life will be invaluable as Avanti moves to the next stage of development."

 

Paul Walsh, commented:

 

"Avanti has a high quality product with significant competitive advantages and an emerging premium brand. It is beginning to monetise global data growth and I am delighted to be able to contribute to its success in these exciting high growth markets."

 

---ENDS---

 

For further information please contact:

 

Avanti Communications Group Plc

Tel: +44 (0)20 7749 1600

David Williams, Chief Executive

Cenkos Securities plc

Tel: +44 (0) 20 7397 8900

Max Hartley (Nomad)/Julian Morse

Jefferies Hoare Govett

Tel: +44 (0) 20 7029 8000

Neil Collingridge/John Fishley

College Hill

Tel: +44 (0) 20 7457 2020

Adrian Duffield/Kay Larsen

 

About Avanti

· Avanti is a carriers' carrier, selling wholesale data telecoms to service providers which use them to create networks for enterprise, carrier, government and consumer users.

· Avanti's network consists of two high throughput satellites in orbit, plus a third in construction and an international fibre network connecting data centres in several countries.

· Avanti serves customers in Europe, Middle East and Africa.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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