0
Video

Avanti revenues to reach USD 15.5 mln in Q3

Thursday 13 November 2014 | 13:24 CET | News
Satellite operator Avanti Communications gave a trading update for its third quarter, saying revenues are within guidance at USD 15.5 million. The EBITDA loss is at USD 2 million, with cash at the end of the quarter amounting to USD 14.3.2 million. Avanti said it signed 22 new contracts during the quarter, with 16 returning customers and significant progress within the large scale African education market. The company now has a total of 149 customers.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite
Companies: Avanti Communications
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Balkan Telekom extends satellite connectivity with Avanti

Published 31 Mar 2015 10:16 CET | Middle East
Turkey-based satellite service provider Balkan Telekom signed an additional contract with Avanti Communications to extend its ...

Facebook, Avanti talk about free internet in Africa - report

Published 17 Nov 2014 09:54 CET | Africa
Facebook is in advanced talks with UK-based satellite operator Avanti about a project to provide free internet service in Africa ...

Avanti launches 'Connected Education' service in Africa

Published 11 Nov 2014 12:08 CET | Africa
Avanti Communications has launched the new Avanti Connected Education service to deliver internet-enabled learning to thousands ...

Speedy Hire to offer Avanti satellite internet service

Published 30 Oct 2014 13:51 CET | United Kingdom
Satellite broadband operator Avanti Communications has won a contract from UK tools, equipment, plant hire and services company ...

Avanti FY revenues leap 104% to USD 65.6 mln

Published 15 Sep 2014 13:35 CET | World
Satellite operator Avanti Communications reported preliminary results for its full year to end June, saying revenues jumped 104 ...





Market share revenues Masmovil
Spain  |  2017 Q1