Announcement
Avanti Comms Group : Contract Win: Telkom SA
RNS Number : 2713E
Avanti Communications Group Plc
03 November 2015
3 November 2015
AVANTI COMMUNICATIONS GROUP PLC
Telkom SA 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 with Telkom SA to provide national high-speed broadband coverage across South Africa.
Service will be supplied using Avanti's HYLAS 2 Ka-band satellite, which has 100% coverage of South Africa across five beams. This multi-year commitment is expected to make a significant contribution to filling HYLAS 2 and HYLAS 4 South African capacity in a market that is developing well for Avanti.
David Williams, Chief Executive of Avanti said: "It is of great importance for Avanti to secure the partnership of Telkom in our shared mission to bring broadband to all government sites, businesses and homes in South Africa. The country is Avanti's most important market and is served by HYLAS 2 and HYLAS 4. We are privileged to have been selected and look forward to a strong partnership. Avanti has now won contracts with the incumbent national telecoms companies in all of its core African markets, in-line with its announced strategy."
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
Avanti connects people wherever they are - in their homes, businesses, in government and on mobiles. Through the HYLAS satellite fleet and more than 160 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, gateway earth 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).
This information is provided by RNS
The company news service from the London Stock Exchange
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