27th Oct 2009 12:28
RNS Number : 4392B
Avanti Communications Group Plc
27 October 2009
Date: 27 October 2009
On behalf of: Avanti Communications Group plc ("Avanti", "the Group" or "the Company")
For immediate release
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:
|
Avanti Communications Group plc
Nigel Fox
|
http://www.avanti-communications.com
020 7749 1600
|
|
|
|
|
Redleaf Communications Ltd
|
[email protected]
|
|
Sam Robbins / Paul Dulieu
|
020 7566 6700
|
|
Cenkos Securities
|
|
|
Julian Morse / Ivonne Cantú
|
020 7397 8900
|
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 will be the first superfast broadband satellite launched in Europe.
·; The market for 2Mb satellite broadband products in Europe is estimated at more than 70 million households.
·; 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 EUR2.8 billion over the next five years.
This information is provided by RNS
The company news service from the London Stock Exchange
END
RAGUBUURKSRRUAA
Related Shares:
AVN.L
