Avanti Communications Group Plc Update on HYLAS 4 (9602H)
March 16 2018 - 4:30AM
UK Regulatory
TIDMAVN
RNS Number : 9602H
Avanti Communications Group Plc
16 March 2018
16 March 2018
AVANTI COMMUNICATIONS GROUP PLC
Update on HYLAS 4
Avanti Communications Group plc ("Avanti") has been advised by
Arianespace of a delay to the launch of its HYLAS 4 satellite
("HYLAS 4"), which will not have a material effect on the HYLAS 4
in-service date. Avanti anticipates a revised launch date in early
April and expects to be able to confirm a fixed launch date
shortly.
For further information please contact:
Avanti: Alan Harper / Nigel Fox +44 (0)207 749 1600
Cenkos Securities: Max Hartley (Nomad) / Nicholas Wells, +44
(0)207 397 8900
Montfort: Nick Miles / James Olley, +44 (0)203 770 7909
Notes to editors
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, gateway earth stations, datacentres and a fibre
ring.
Avanti has a unique Cloud based customer interface that is
protected by patented technology.
The Group has two satellites in orbit and a further two
satellites under construction.
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
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