bullish

Calling ground control

193 Views29 Mar 2017 20:44
Issuer-paid
SUMMARY

Following its successful refinancing in January, Avanti is gathering momentum once again. It has today announced a very significant partnership for sub-Saharan Africa connectivity with Millicom, a top three player in the African telecom market. Avanti is not only to provide 4G backhaul services via its satellite network to improve access in remote and rural areas, but is also to build a new Gateway Earth Station in Senegal to enhance performance across the region. The site is to be co-located with Millicom operations and will service existing HYLAS 2 coverage as well as those from HYLAS 4. We await confirmation of a launch date in H217 for the new satellite, but today’s announcement appears to confirm Avanti’s Ka-band technology remains at the forefront of satellite connectivity.

Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Price Chart(Sign Up to Access)
analytics-chart
  • Loading...
x