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| 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 |
From Apr 2019 to Apr 2024
TIDMAVN
RNS Number : 4410L
Avanti Communications Group Plc
19 April 2018
19 April 2018
Avanti Communications announces its HYLAS 4 satellite has successfully reached its geostationary orbital position
Avanti Communications Group PLC (AIM: AVN), ("Avanti", the "Company") announces that following its successful launch on 5th April 2018, the HYLAS 4 Ka-band satellite has reached its geostationary orbital position on schedule.
The spacecraft is performing as expected and is in good health. The solar arrays, antenna pallets and electric propulsion thrusters have been successfully deployed. The in-orbit payload testing will begin shortly with service commencing as scheduled at the end of July
For further information, please contact:
Hot Features
Premium
Avanti Communications Nigel Fox, Patrick Willcocks
Tel: +44 20 7749 1600
Montfort Nick Miles, James Olley
Tel: +44 203 770 7909
Cenkos Securities (Nomad) Max Hartley, Nicholas Wells, Harry Hargreaves
Tel: +44 207 397 8900
Redleaf Communications Ralph Anderson
+44 (0)20 3757 6883
Notes to Editors:
About Avanti Communications
Avanti connects people wherever they are - in their homes, businesses, in government and on mobiles. Through the HYLAS satellite fleet and 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLIFFDSEIALIT
(END) Dow Jones Newswires
April 19, 2018 04:00 ET (08:00 GMT)
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