Announcement
Avanti Comms Group : Contract Win
RNS Number : 5783X
Avanti Communications Group Plc
09 May 2016
AVANTI COMMUNICATIONS GROUP PLC
EE Contract Win
Avanti Communications Group plc ("Avanti" or "the Group"), a leading provider of satellite data communications services in Europe, the Middle East and Africa, announces that it has won a contract to supply EE Limited with satellite capacity for cellular backhaul.
Avanti will connect a number of cellular sites across the UK to EE's network using the HYLAS 1 and 2 satellites, to provide communications in remote areas and additional network resilience.
The first phase of this multiyear contract has an initial value of $29m, plus options to double the capacity.
David Williams, Chief Executive Officer of Avanti, said: "We have designed the HYLAS satellite fleet to offer the highest levels of network quality and flexibility, beyond the levels that have been previously available via satellite. This contract win demonstrates those qualities and affirms our ability to deliver at the highest level".
Mansoor Hanif, Director of Radio Access Networks at EE, said: "We are delivering a highly resilient, truly nationwide 4G network and Avanti will play a key part in providing resilience and extending this network into rural areas."
For further information please contact:
Avanti: Matthew Springett, +44 (0)207 749 6703
Montfort: Nick Miles / James Olley, +44 (0)203 770 7909
Redleaf: Hannah Nicolas, +44 (0)207 382 4734
Cenkos Securities: Max Hartley (Nomad) / Julian Morse, +44 (0)207 397 8900
Notes to editors
About Avanti Communications
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, ground stations, datacentres and a fibre ring.
Avanti has a unique Cloud based customer interface that is protected by patented technology.
The Group has three satellites in orbit and a further two fully funded satellites under construction.
Avanti Communications is listed in London on AIM (AVN:LSE).
About EE
EE, part of the BT Group, is the largest and most advanced digital communications company in Britain, delivering mobile and fixed communications services.
EE has approximately 553 retail stores, and services more than 31 million connections across its mobile, fixed and wholesale networks.
This information is provided by RNS
The company news service from the London Stock Exchange
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