29 Dec 2016 14:32
29 December 2016
AVANTI COMMUNICATIONS GROUP PLC
Result of AGM
Avanti Communications Group plc (AIM: AVN, "Avanti" or "the Group"), the satellite operator, is pleased to confirm that all resolutions put to shareholders at its Annual General Meeting today were duly passed.
For further information please contact:
Avanti | David Williams, Nigel Fox Tel: +44 20 7749 1600 |
Montfort Communications (PR) | Nick Miles, James Olley Tel: +44 203 770 7909 |
Cenkos Securities (Nomad) | Max Hartley, Nicholas Wells Tel: +44 207 397 8900 |
Notes to editors
Avanti connects people wherever they are - in their homes, businesses, in government and on mobiles. Through the HYLAS satellite fleet and more than 180 partners in 118 countries, the network provides ubiquitous internet service to a quarter of the world's population. Avanti delivers the level of quality and flexibility that the most demanding telecoms customers in the world seek.
Avanti is the first mover in high throughput satellite data communications in EMEA. It has rights to orbital slots and Ka band spectrum in perpetuity that covers an end market of over 1.7bn people.
The Group has invested $1.2bn in a network that incorporates satellites, gateway earth stations, datacentres and a fibre ring.
Avanti has a unique Cloud based customer interface that is protected by patented technology.
The Group has three satellites in orbit and a further two fully funded satellites under construction.
Avanti Communications is listed in London on AIM (AVN:LSE).
AVN.L (AVN)