26th Nov 2008 15:31
Date: 26 November 2008
On behalf of: Avanti Communications Group plc ("Avanti" or "the Company")
Avanti Communications Group plc
Result of AGM
The Board of Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, is pleased to confirm that all resolutions put to shareholders at its Annual General Meeting today were duly passed.
Enquiries to:
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Avanti Communications Group plc |
www.avantiplc.com |
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Nigel Fox |
020 7749 1600 |
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Redleaf Communications Ltd |
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Emma Kane/ Samantha Robbins/ Paul Dulieu |
020 7566 6711 |
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Cenkos Securities |
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Ivonne Cantu / Julian Morse |
020 7678 8000 |
Notes to Editors:
About Avanti Communications
Avanti Communications Group plc is the only licensed Fixed Satellite Services operator headquartered in the UK (and one of only eight such groups operating in Europe);
Avanti, which has more than 10 years' experience in the satellite industry, currently provides satellite broadband services to customers in Europe using leased satellite capacity which it will transfer to Hylas on launch.
No further funding is required for the Hylas project following successful completion of a long term debt facility in July 2007.
The European Commission has set aside funding for rural broadband projects in 79 regions across Europe with a total value of €1.8 billion over the next five years.
Related Shares:
AVN.L