Stock Market News
Prices
Avanti expects to exceed expectations
10-03-2010 18:34
Share This Article!
Satellite operator Avanti Communications says that it is set to comfortably exceed its pre-sales target of 25% of capacity of the HYLAS 1 satellite.
HYLAS 1 will be delivered in July and should be ready for launch on a Soyuz rocket in August. This means that it should be in operation in September.
An unnamed eastern European customer has signed up for 320Mb of capacity on HYLAS 1. Over an initial five year term the contract should be worth €21.9m. The same customer has signed options on further capacity on HYLAS 1 and HYLAS 2.
Avanti says that it is also near to negotiating a number of pre-sales contracts for HYLAS 2.
HYLAS 1 will be delivered in July and should be ready for launch on a Soyuz rocket in August. This means that it should be in operation in September.
An unnamed eastern European customer has signed up for 320Mb of capacity on HYLAS 1. Over an initial five year term the contract should be worth €21.9m. The same customer has signed options on further capacity on HYLAS 1 and HYLAS 2.
Avanti says that it is also near to negotiating a number of pre-sales contracts for HYLAS 2.
| Related shares |
|---|
| Avanti Communications (AVN) share price |
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
| Enter share symbol |
| Search share prices A to Z |
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Centrica share price
- Friends Provident price
- Tesco share price
- National Grid share price
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce share price
- Banco Santander price
- Amec Share price
- Corac share price
- ROK share price
- Lookers share price
- Telecom plus share price
- Kier share price
- Punch taverns price
- Meldex share price
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price