Avanti Communications Group Plc Contract Win
June 22 2017 - 3:30AM
RNS Non-Regulatory
TIDMAVN
Avanti Communications Group Plc
22 June 2017
Avanti Communications Group plc
CONTRACT WIN
Contract from the European Regional Development Fund (ERDF) to
provide 40Mbps broadband speeds to small businesses in Cornwall
Avanti Communications will provide broadband connectivity, with
speeds of up to 40Mbps, to small businesses across Cornwall and
Isles of Scilly.
Avanti Communications Group plc, a leading provider of satellite
data communications services in Europe, the Middle East and Africa
(EMEA), announces a contract win with ERDF for up to GBP1.2m to
support the deployment of 40Mbps broadband services to rural
businesses across Cornwall and Isles of Scilly. Services will be
available through Avanti's certified Service Providers, Bentley
Walker SSW and Avonline. The broadband packages are available now
and will enable small businesses in the region to have a high
quality and reliable broadband service, even in the most rural
areas. Approximately 1,000 businesses are expected to take up the
offer in the first year.
The service will provide the highest satellite broadband speeds
available in Europe via Avanti's Ka-band HYLAS 1 and HYLAS 2
satellites to Cornish businesses, no matter how rural the location.
For these rural businesses in Cornwall, Avanti's satellite
technology can provide reliable and high speed broadband services
and help the growth of these rural businesses.
David Williams, Chief Executive of Avanti said: "We welcome this
broadband initiative, connecting rural businesses still not
addressed by fibre. The capabilities of High Throughput Satellites
(HTS) are well proven to meet the needs of rural businesses and the
demand remains strong, so this initiative will help us to marry
demand and supply in the region."
Mark Duddridge, Chair of LEP Board, said: "We are now seeing the
transformative effect of excellent digital connectivity to many
businesses and communities in Cornwall. However we are concerned
that we have areas which haven't yet been reached. We are therefore
very excited by the potential of the new superfast satellite
application now being launched. Digital connectivity is allowing
Cornwall to compete on a Global stage and is facilitating the
creation of tomorrow's industries."
--ENDS--
For further information please contact:
Avanti Public Relations: Saffron Secker, +44 (0)207 749 1600
Montfort: Nick Miles / James Olley, +44 (0)203 770 7909
Redleaf: Lara Pyliotis, +44 (0)207 382 4763
Cenkos Securities: Max Hartley (Nomad) / Julian Morse, +44
(0)207 397 8900
Notes to Editors
Superfast Cornwall Evaluation - Evaluation Report with Executive
Summary
www.gov.uk/government/publications/uk-digital-strategy
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 ERDF
The project has been awarded up to GBP1,202,711 of funding from
the England European Regional Development Fund (ERDF) as part of
the European Structural and Investment Funds Growth Programme
2014-2020. The Department for Communities and Local Government is
the Managing Authority for ERDF. Established by the European Union
ERDF funds help local areas stimulate their economic development by
investing in projects which will support innovation, businesses,
create jobs and local community regenerations.
For more information visit
www.gov.uk/european-growth-funding
This information is provided by RNS
The company news service from the London Stock Exchange
END
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