Avanti Communications Share Discussion Threads

[yorgi] 15/3/2011 11:05

Looks very much like this will be the bottom Marksnsparkle :-)

[marksnsparkle] 15/3/2011 11:00

if avanti can manage a rise (all be it very small) on a big red day like today then I think you can safely say £4 is very firm support

[restassured] 15/3/2011 11:00

15th March 2011 Avanti Buy Target 1340p upside 222.9% Jefferies

[greengiant] 15/3/2011 11:00

Good news today, the contract win should also help with hylas3. Spot on TW, but your call still wasn't as good as SC, in the short term, longer term, fantastic company and fantastic demand for the product. Tooway just signed a €5.5m deal today as well. Again CEO of Eutelsat went on record last night (French tv) stating that there is too much demand and not enough capacity to satisfy satellite broadband in France. The company is looking at other satellites but not until 2013 at the earliest and is seeking government funding.

Gg

[yorgi] 15/3/2011 10:57

Very much so Pixi :-)

[pixi] 15/3/2011 10:54

Excellent RNS.

[yorgi] 15/3/2011 10:42

One of the "bargains of the day" looking at 12 months time.......just wish I had some more cash :-)

[verymaryhinge] 15/3/2011 10:38

yep - I have added this am..

WB : "Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it"

[tsmith2] 15/3/2011 10:38

got to give it to TW - he was spot on yesterday with news being iminent!

Price action v v encouraging today.

looks like we are going to get constant news over the coming months..

larger contract wins

funding of Hylas 3

upbeat (despite the paper losses!)

[restassured] 15/3/2011 10:35

If you can pay for your shares,this is a steal on a 12 to 18 month view.

"Start buying when there is blood on the streets."

[hywel] 15/3/2011 10:22

I logged on today, read the good news, came here to see how much AVN has gone up by and the chart up the top is obviously broken as it's showing a fall in price. Crazy times, crazy times.

[yorgi] 15/3/2011 09:57

Oh well now there is no chance of anyone missing it :-)

[conorarmstrong] 15/3/2011 09:55

Completion of In Orbit Testing and Service Launch - Contract Win
15 March, 2011 - 09:51

Avanti Communications Group plc (LSE: AIM), the broadband satellite operator, is pleased to report that it formally completed in orbit testing of the HYLAS 1 satellite yesterday.

The testing process confirmed that HYLAS 1 is working in conformance with specification and, in some areas, delivering higher performance than originally specified. The satellite lifetime is expected to be at least six months greater than planned and the available power is several percentage points better than specification. This will translate into improved service quality, flexibility and usable capacity.

The provision of services on HYLAS 1 will now commence. The first live customer service in the UK will be installed next week. Avanti has a test customer base of 5,000 end users whose service is delivered with leased Ku band capacity. The migration of these customers to HYLAS 1 will begin on April 4th. Avanti has over 60 Virtual Network Operator customers in 16 countries in Europe who have bought capacity. Many of them are also migrating existing end user customers from leased Ku band capacity on other satellites and this migration also begins on April 4th.

Commenting, David Williams, Chief Executive of Avanti Communications, said:
"The in orbit testing phase of HYLAS 1 has been a complete success and puts us in a strong position for future growth.
"With Europe's first fully operational broadband satellite, Avanti will now provide a range of satellite data communications services to consumers, enterprise and governmental organisations across the UK and Europe. In such a vast market with so much growth in data demand, and a strong customer base already committed, we are highly confident of achieving rapid commercial success for this powerful and flexible satellite."
Contract Win

Avanti is also pleased to announce that yesterday it signed a seven year contract with a new Virtual Network Operator Customer for the sale of 80 Mb of capacity (with volume beginning at a lower level in year one and rising to 80Mb to match the Customer's expansion in end users). The contract, which commands pricing which exceeds market expectations, is worth €7.1m over the seven year term. The customer has approximately 3,000 satellite broadband end user installations in Europe which currently use Ku band capacity on a competitors' satellite. The Customer will migrate that existing client base to HYLAS 1 and then grow its business further with Avanti. For reasons of commercial sensitivity during this migration period the Customer is not named.

Commenting on the contract win, David Williams, Chief Executive of Avanti Communications, said:
"The signing of this contract is significant since it further demonstrates that expert customers in Europe choose to work with Avanti. We offer a flexible, service oriented approach and reliable and well regarded technology. Avanti has announced a steady flow of contract wins in the last two years which underpins our confidence in fully utilising our satellites at attractive prices."

[yorgi] 15/3/2011 09:54

I don't normally copy RNS's onto BB's as it is there to read at the top of the BB but I'm going to make an exception today, I hope nobody minds :-)


-- Completion of In Orbit Testing and Service Launch

-- Contract Win

Avanti Communications Group plc (LSE: AIM), the broadband satellite operator, is pleased to report that it formally completed in orbit testing of the HYLAS 1 satellite yesterday.

The testing process confirmed that HYLAS 1 is working in conformance with specification and, in some areas, delivering higher performance than originally specified. The satellite lifetime is expected to be at least six months greater than planned and the available power is several percentage points better than specification. This will translate into improved service quality, flexibility and usable capacity.

The provision of services on HYLAS 1 will now commence. The first live customer service in the UK will be installed next week. Avanti has a test customer base of 5,000 end users whose service is delivered with leased Ku band capacity. The migration of these customers to HYLAS 1 will begin on April 4(th) . Avanti has over 60 Virtual Network Operator customers in 16 countries in Europe who have bought capacity. Many of them are also migrating existing end user customers from leased Ku band capacity on other satellites and this migration also begins on April 4(th) .

Commenting, David Williams, Chief Executive of Avanti Communications, said:

"The in orbit testing phase of HYLAS 1 has been a complete success and puts us in a strong position for future growth.

"With Europe's first fully operational broadband satellite, Avanti will now provide a range of satellite data communications services to consumers, enterprise and governmental organisations across the UK and Europe. In such a vast market with so much growth in data demand, and a strong customer base already committed, we are highly confident of achieving rapid commercial success for this powerful and flexible satellite."

Contract Win

Avanti is also pleased to announce that yesterday it signed a seven year contract with a new Virtual Network Operator Customer for the sale of 80 Mb of capacity (with volume beginning at a lower level in year one and rising to 80Mb to match the Customer's expansion in end users). The contract, which commands pricing which exceeds market expectations, is worth EUR7.1m over the seven year term. The customer has approximately 3,000 satellite broadband end user installations in Europe which currently use Ku band capacity on a competitors' satellite. The Customer will migrate that existing client base to HYLAS 1 and then grow its business further with Avanti. For reasons of commercial sensitivity during this migration period the Customer is not named.

Commenting on the contract win, David Williams, Chief Executive of Avanti Communications, said:

"The signing of this contract is significant since it further demonstrates that expert customers in Europe choose to work with Avanti. We offer a flexible, service oriented approach and reliable and well regarded technology. Avanti has announced a steady flow of contract wins in the last two years which underpins our confidence in fully utilising our satellites at attractive prices."

[yorgi] 15/3/2011 09:49

It does make me laugh what C & C will spend their life doing.

[yorgi] 15/3/2011 09:47

Great RNS but like most stocks this morning being marked down by the fear of Japan I guess.

If it had not been for the wider worries from world events then we would have continued the rise we started this morning :-)

[superg1] 15/3/2011 09:41

Just to show the complete rubbish that gets posted on AVN BB's. From iii (which is controlled by iii re AVN).

This form a guy who claims to have met with DW

Going live next week. break even next year. profits will be years off because they're going to have a whopping annual depreciation charge. As far as competition goes, there is none at the moment and wont be for a few years. Eutelsat's Ka band satellite will be used for TV. A satellite takes 4 years from order until completion and there arent any others being built other than Hylas 2. on the cusp of securing funding for Hylas 3.
--------------------------------------------------------------------------------


NO competition???. KA sat for TV only (contracts already signed for BB). Look on Tooway you will see the Eutel KA sat is offered as the premium BB compared to Avanti.

No others being built other than Hylas 2?????.

I can give you a long list of KA sats queued for launch well before Hyals 2.

Break even next year????

I'd love to see those figures, just the loan is going to coat £33m that year never mind running costs. Even a full Hylas 1 can't cover that.

Also mention of DW on a £200k loan to buy the recent shares. Whoooops

[phoenixbird] 15/3/2011 09:28

you say badly timed rns but after all the negative sentiment yesterday, imagine how far the share price would have fallen today if they had not released this rns. This is exactly the opportunity growth investors are looking for so take advantage of the weak share price and buy !!!

[pojscott] 15/3/2011 09:07

This is the only stock I have ever held where the share price goes down after every bit of good news!!!

[restassured] 15/3/2011 08:10

Very significant and positive news.The demand is huge and the pricing power clearly very strong.

[knackers] 15/3/2011 07:50

Not a great day to issue a bear-busting press release. Do well to hold ground here today. :o(

[kimball808] 15/3/2011 07:30

it's going to be a testing day, Nikkie down 10.5%, other Asian markets close to 3% down, US futures knocking on 2% down. GL for today...

[johnrxx99] 15/3/2011 07:25

Also topped up at 421p. Lets hope the asian market will not affect us too much. Here's hoping.

[djmozy2] 15/3/2011 07:18

Sure, very depressing what is going on in Japan.

[someuwin] 15/3/2011 07:16

Good news - but a very bad day to release it.