27 Jun 2012 07:00
Avanti Communications Group plc
HYLAS 2 launch confirmed for 2 August 2012
London - 27 June 2012. Avanti Communications Group plc (AIM: AVN, "Avanti" or "the Company"), the satellite operator, announces that HYLAS 2, its second satellite, will launch at approximately 9.50pm UK-time on 2 August 2012 upon an Ariane 5 launch vehicle.
HYLAS 2, which has almost three times the bandwidth capacity of HYLAS 1, will substantially increase the Company's international coverage. It will provide high speed data capacity to a growing range of telecoms, enterprise and government customers in fast growing markets in Eastern and Southern Africa, the Middle East and across the Caucasus. 80% of Avanti's Fleet capacity will address emerging markets.
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For further information please contact:
Avanti Communications Group Plc | Tel: +44 (0) 20 7749 1600 |
David Williams, Chief Executive | |
Sean Watherston, Director of IR and Corporate Finance | |
Cenkos Securities plc | Tel: +44 (0) 20 7397 8900 |
Nicholas Wells (Nomad)/Julian Morse | |
Jefferies Hoare Govett | Tel: +44 (0) 20 7029 8000 |
Neil Collingridge/Thomas Rider | |
College Hill | Tel: +44 (0) 20 7457 2020 |
Adrian Duffield/Jon Davies |
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 August 2012. It will extend Avanti's coverage to Africa, Caucasia and the Middle East.
·; Avanti's third satellite HYLAS 3, to be launched in partnership with ESA in 2015, will provide further capacity in the EMEA region.
·; 80% of Avanti's fleet capacity will address the Emerging telecommunications markets of Africa, Caucasia
and the Middle East.
AVN.L (AVN)