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Multiple Contract Wins

21st Apr 2009 07:00

RNS Number : 8640Q
Avanti Communications Group Plc
21 April 2009
 



Date:

21 April 2009

On behalf of:

Avanti Communications Group plc ('Avanti' or 'the Company')

Embargoed until:

0700hrs

Avanti Communications Group plc

Multiple Contract Wins

Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, has signed contracts to supply broadband products to four separate telecoms service providers in the UK. The contracts in aggregate are worth a minimum of £400,000 over the next two years.

The customers are:

Avonline plc, one the UK's leading network installation companies.  With a team of 750 in the UK and Europe Avonline has provided voice, data and video services for 25 years;

Broadbandwherever, which specialises in the supply of satellite broadband services to small and medium businesses throughout the UK & Europe, including products such as VOIP, VPN access, Video Conferencing, and Private Networks; 

Coview Solutions, which provides high quality, dependable wireless networks to blue-chip clients in both the public and private sector; 

KBR IT & Networking Solutions Limited, which provides wireless and satellite services to customers in UK, including government, health and emergency services. 

David Williams, Chief Executive of Avanti, said:

"I am pleased to report strong momentum in consolidating our lead in European satellite broadband. We now have 42 service providers around Europe which puts us in a great position to fill our first satellite, HYLAS, quickly when it launches.

"Our wins in the UK are also important in the light of the British Government's "Digital Britain" study. When the final report is published in June, Avanti expects it to recommend the use of satellite to address the 10% of UK population which does not have access to acceptable terrestrial broadband services. We now have the distribution in the UK to cope with large scale and rapid deployment."

Enquiries to:

Avanti Communications Group plc

www.avantiplc.com 

David Williams / Nigel Fox

020 7749 1600

Redleaf Communications Ltd

[email protected]

Emma Kane / Samantha Robbins/ Paul Dulieu

020 7566 6700

Cenkos Securities

Ivonne Cantu / Julian Morse

 020 7678 8000

Notes to Editors:

About Avanti Communications

Avanti sells satellite broadband services to telecoms companies which use them to supply homes and businesses.
Avanti's first satellite, called Hylas is under construction and due for launch in 2009; it will be the first broadband satellite launched in Europe.
The market for satellite broadband products in Europe is estimated by the EU at more than 24 million.
Avanti currently provides satellite broadband services to customers in Europe using leased satellite capacity which it will transfer to Hylas on launch.
The European Commission has set aside funding for rural broadband projects in 79 regions across Europe with a total value of €2.8 billion over the next five years.

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