German Rural Broadband Contract Win

Avanti Communications Group plc (AIM: AVN), the satellite operator, announces that it has signed a distribution agreement with a prominent systems integration and telecoms service provider in Germany.  This partnership will focus on pursuing rural broadband projects funded by the German government in Bavaria and Berlin/Brandenberg. 
The European Commission announced in March 2008 that €1.8bn of Structural Funds budget is available to fund rural broadband.  Avanti recently concluded the market for satellite broadband in Europe has grown to £1bn per annum and will be worth up to £4bn per annum by 2016.  Avanti now has distributors for HYLAS in Scotland, England, Ireland, Spain, Italy, Czech Republic, Albania, Serbia and Germany. 
David Williams, Chief Executive of Avanti, said;“Given Avanti’s success in winning rural broadband projects with ESA, the EU, the Scottish Government and English Regional Development Agencies, it is logical for us to expect to replicate this success around Europe.  Signing high quality local partners is crucial to this plan, and we have again shown that our HYLAS offering and market leading experience in rural broadband is enabling us to gain significant traction in building our distribution network around Europe ahead of the launch of HYLAS.”

WordPress Video Lightbox