back 24.09.2018 News Tags:Satellite operator

Avanti Communications Group plc Signs Seven-Year Capacity Lease Agreement worth US$ 84 million

Avanti Communications Group plc (AVN.L, “Avanti”, or “the Company”) has signed a seven-year wholesale capacity lease agreement, worth US$ 84 million over the period, with a major international satellite service provider. The Company will receive US$ 12 million per annum in quarterly instalments for the duration of the agreement once commenced. The agreement is expected to commence in Q3 of the Company’s next financial year ending 31 December 2019.

The capacity lease agreement for its HYLAS-fleet of satellites will increase significantly the Company’s usage and fill-rates.

Kyle Whitehill, CEO of Avanti, said: “This agreement is a major vote of confidence in the Avanti network and offer. Since joining Avanti my ambition has been to drive growth through increased usage of the fleet and this deal does just that. I look forward to continuing to realise that ambition, and the Company looks forward to delivering the great service and support that we are known for.”

From the knowledge centre

11.04.2019

AfricaOnline launches JOLA Ka-Band high-speed broadband Satellite service on Avanti’s HYLAS 4

AfricaOnline has today announced the launch of its new JOLA service, a high-speed broadband satellite service powered by Avanti’s HYLAS 4 satellite that offers 100% coverage of Ghana through multiple spot beams.

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26.03.2019

Avanti announces its first maritime contract with Woodsons of Aberdeen Ltd

Avanti has announced its first maritime contract, valued at over $750,000, with Woodsons of Aberdeen Ltd, a specialised supplier of Marine Electronics to the Fishing, Commercial Oil and Gas and Renewables sectors.

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08.02.2019

Avanti partners with MainOne to improve broadband penetration with converged solution

Avanti Communications and MainOne have signed an agreement to jointly improve broadband penetration across Nigeria by providing the latest KA-band based satellite communication services to enterprises located in remote areas of the country.

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14.01.2019

Libby Barr joins Avanti as Chief Operating Officer – Customer

Today Avanti Communications Group plc (Avanti) announces the appointment of leading sales and customer services executive, Libby Barr, as Chief Operating Officer – Customer. Barr will also sit on Avanti’s Executive Committee, effective immediately.

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20.11.2018

Avanti Communications signs a pan-African Master Service Agreement with Logical Wireless

Avanti Communications Group has signed a Master Service Agreement on Avanti’s HYLAS 4 satellite with Logical Wireless, a South African Satellite integrator, to provide communication and connectivity services to enterprises and end-consumers located in remote areas across Africa.

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16.11.2018

Avanti Communications signs a pan African Master Service Agreement with Paratus

Avanti Communications Group plc has signed a Master Service Agreement on its HYLAS 4 satellite with Paratus Group, a Pan-African telecommunications operator, to provide high-speed satellite broadband across Africa.

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