Avanti Communications signs multi-million dollar contract

2nd May 2014 08:56

Broadband services group Avanti Communications has signed a multi-million dollar contract extension with Avonline broadband to target European consumers with new satellite broadband.The UK-based satellite group said the new deal will provide a series of tailored broadband solutions to customers across Europe. Avonline will offer primary broadband connections arranged by Avanti's HYLAS 1 and HYLAS 2 satellites.Avanti recently entered an agreement with Turkish telecom operator, ESER Telekom, to deliver its satellite broadband coverage in the Middle East.Managing Director Mark Wynn said: "Avonline is pleased to announce a significant contract extension with Avanti. "We have worked closely to create a series of unique satellite broadband packages that are tailored to meet the specific service requirements of our growing customer base. "These packages provide an instant broadband solution for the important minority of homes and businesses that remain neglected and un-serviced by the traditional providers."As of 09:40, Avanti's share price had dropped 0.5% to 290.25p.WS