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Avanti Communications plc announces Master Distribution Agreement with COMSAT INC.
Avanti Communications plc, (AVN:L) the UK satellite operator has announced a seven year, Master Distribution Agreement (MDA) with Washington-based COMSAT INC, leading suppliers of Satellite communications services to the US DoD and US Government. With this agreement, Avanti gains immediate access to US global governmental and military activity that may otherwise take multiple years to gain approval to […]
August 28, 2018
Avanti Communications Confirms Receipt of $20m in Full Settlement of its Arbitration Claim with Government of Indonesia
Avanti Communications Group plc confirms that, in accordance with its announcement made on 10 July 2018, it has now received the full $20.075m outstanding payment in full and final settlement following the adjudication decision of the London Court of Arbitration between itself and the Government of Indonesia. Comments Kyle Whitehill, CEO: “We thank the Government […]
August 15, 2018
Avanti Communications signs Master Distributor contract for HYLAS 4 with iWayAfrica
The contract will see iWayAfrica deploy high-speed satellite broadband services from Avanti’s HYLAS 4 satellite for consumers and enterprises across Sub-Saharan Africa Avanti Communications Group plc (“Avanti”), a leading satellite operator and provider of satellite data communications services in Europe, the Middle East and Africa (“EMEA”), has signed a HYLAS 4 Master Distributor contract with […]
August 7, 2018
Update on Final Award in Arbitration Proceedings
On 7 June 2018, Avanti Communications Limited announced that it had obtained a final award against the Government of Indonesia in the sum of USD 20.075 million, payable by 31 July 2018. Due to administrative delays from the London Court of International Arbitration in the release of the signed award, Avanti and the Government of […]
July 10, 2018
Avanti Communications Signs $10 Million Contract with Viasat
Capacity Lease Deal extends Connectivity Services on Viasat’s Best Available Network London, [June 25, 2018]. Avanti Communications (AVN) has signed a $10 million contract with global communications company, Viasat Inc. (NASDAQ: VSAT). The deal provides Viasat with leased capacity on a steerable beam on the newly launched Avanti HYLAS 4 satellite. The contract has an […]
June 25, 2018
Final Award in Arbitration Proceedings
On 9 August 2017, Avanti Communications Limited commenced arbitration proceedings (under the London Court of International Arbitration Rules 2014) against the Ministry of Defence of the Republic of Indonesia to recover all sums payable to it under an agreement for lease of its ARTEMIS satellite. On 6 June 2018, the arbitral tribunal rendered a final […]
June 7, 2018
Q3 Trading Update
Avanti Communications Group PLC (AIM: AVN) (“Avanti” or “the Group”), a leading provider of satellite data communications services in Europe, the Middle East and Africa, issues the following update for the quarter ending 31 March 2018 and post quarter to date. Highlights HYLAS 4 successfully launched on 5 April, shortly after the quarter end Revenue […]
May 30, 2018
Final Results of Proxy Appointments Received for the GM held on 25 April 2018
RNS – 25th April 2018
April 25, 2018
Avanti Communications announces its HYLAS 4 satellite has successfully reached its geostationary orbital position
RNS – 19th April 2018
April 19, 2018
Final Results of Proxy Appointments, Avanti Communications General Meeting 2018
RNS – 16th March 2018
March 16, 2018
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