QSAT Contract Win

Avanti Communications Group plc, the satellite operator, announces the sale of capacity on HYLAS 1 to QSAT of Ireland (‘QSAT’) in a seven
year deal worth a minimum of £9.3 million and up to £13.6 million. QSAT will also acquire (subject to completion of administrative processes) certain end user broadband consumers which Avanti has within its
legacy business, thus stripping out operating expenses and removing a channel conflict with Avanti’s wholesale distribution strategy.

Approximately half of the capacity that QSAT has purchased will be used to service these existing customers and half is additional
capacity to support QSAT’s planned growth outside of Ireland. QSAT is already the largest satellite broadband service provider in Ireland and
has been a customer of Avanti since the HYLAS 1 launch.

David Williams, Avanti Chief Executive said: “QSAT has already had success in establishing a significant sized customer base in Ireland
with Avanti and this transaction helps them to bring a winning formula to the UK. We are pleased to see successful customers expanding assertively.”

Niall Quinn, QSAT Chairman said: “At QSAT we are delighted with our association with Avanti. The Avanti HYLAS 1 system offers
the best quality, reliability and flexibility in the market and QSAT plans to grow a large International business with Avanti.”   About QSAT The new QSAT brand was launched in July 2011, to accelerate and finance the growth of a business built over several years. It has already been established as the leading Satellite Provider in Ireland, and the company has aggressive growth plans in both Ireland and the UK.

 

About Avanti

  • Avanti sells satellite data communications services to telecoms companies which use them to supply residential, enterprise and institutional users.
  • Avanti’s first satellite called HYLAS 1, launched on November 26th 2010 and is the first super fast broadband satellite launched in Europe.
  • Avanti’s second satellite, called HYLAS 2, is on target for launch in Q2 2012. It will extend Avanti’s coverage to Africa and the Middle East.
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