Avanti takes off after satellite launch

29th Nov 2010 12:28

Shares in Avanti Communications headed skyward after the satellite operator's announcement that it successfully launched its HYLAS 1 satellite from the Kourou space centre in French Guiana on Friday.'I am delighted that HYLAS 1 is safely in orbit and operating as planned under our control,' said Avanti chief executive David Williams. Avanti's satellites are use to provide broadband services to telecoms companies. Customer traffic will be put onto the satellite in the New Year, Avanti said.