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AVN Avanti Communications Group Plc

0.0526
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Avanti Communications Group Plc LSE:AVN London Ordinary Share GB00B1VCNQ84 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0526 0.05 0.10 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Avanti Communications Group Plc Contract Win (2774X)

20/02/2017 8:05am

UK Regulatory


Avanti Communications (LSE:AVN)
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From Apr 2019 to Apr 2024

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RNS Number : 2774X

Avanti Communications Group Plc

20 February 2017

Avanti Communications Group plc

CONTRACT WIN

Avanti Communications announces new major government contract with Telkom Kenya

Providing internet connectivity to entrepreneurs across Kenya awarded by the Kenyan Ministry of ICT

Avanti Communications Group plc ("Avanti"), a leading provider of satellite data communications services in Europe, the Middle East and Africa (EMEA), announces a new contract with Telkom Kenya Limited ("TKL"), to provide connectivity for the Kenyan government initiative Constituency Incubation Hubs ("CIH"). The project, awarded by the Ministry of ICT of Kenya, will see TKL install 1160 CIHs across the country using capacity on Avanti's HYLAS 2 Ka-band satellite.

The multi-million USD contract will provide an incubation hub facility for young adults and entrepreneurs to develop their ICT skills and applications, bringing them into the digital world and enabling them to grow and start new businesses. There are a total of 290 constituencies as part of the project in Kenya, with 4 CIHs being installed per constituency. Each hub will have a VSAT system, Wi-Fi router and 40 tablet devices, provided by BRCK Kenya, which users will be able to use to connect online and discover new business opportunities.

Kris Senanu, Managing Director of the Enterprise Division at Telkom Kenya, commented: "We are excited about the roll-out of this new government project with Avanti. As a strategic partner to the Kenya government's national ICT agenda, Telkom Kenya is able to provide end-to-end solutions, tailor-made to meet a growing set of needs for the Public Sector. The CIH project is demonstrable proof of the confidence placed in Telkom Kenya by the government, through the Ministry of ICT, to realise a key connectivity milestone for Kenya."

David Williams, Chief Executive Officer of Avanti, said: "We are pleased to extend our partnership with Telkom Kenya. The project is a great example of how our technology is positively impacting ICT development across Africa. Avanti's proven Ka-band technology continues to consistently deliver high-speed high quality connectivity to meet the needs of the most demanding operators and governments."

--ENDS--

For further information please contact:

Avanti: David Williams / Nigel Fox +44 (0)207 749 6703

Montfort: Nick Miles / James Olley, +44 (0)203 770 7909

Redleaf: Lara Pyliotis, +44 (0)207 382 4734

Cenkos Securities: Max Hartley (Nomad) / Julian Morse, +44 (0)207 397 8900

About Avanti Communications

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, ground stations, datacentres and a fibre ring.

Avanti has a unique Cloud based customer interface that is protected by patented technology.

Avanti Communications is listed in London on AIM (AVN: LSE).

www.avantiplc.com

About Telkom Kenya Limited

Telkom Kenya provides integrated communications solutions in Kenya with a wide range of voice and data services as well as network facilities. Telkom Kenya was established as a telecommunications operator under the Companies Act in April 1999. The company has a customer base of approximately 2,900,000 customers on its Mobile network.

www.telkomkenya.co.ke

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

February 20, 2017 03:05 ET (08:05 GMT)

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