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Avanti sees positive EBITDA for FY, further growth in 2020

Friday 30 August 2019 | 14:10 CET | News
Avanti Communications Group has given a short trading update for the first half of the year, saying EBITDA was in line with expectations and that the company still sees a positive EBITDA for the full year, with "further material growth" for 2020. The company's backlog increased 80 percent from the year before to USD 156.4 million, including 1.8 GHz of capacity sold to Turksat. The first half also saw the successful launch of Hylas 3 and the completion of a new credit facility.

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Categories: Broadcast & Satellite
Companies: Avanti Communications / Turksat
Countries: World
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