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Last €3.23 EUR
Change Today -0.002 / -0.06%
Volume 0.0
W6P On Other Exchanges
As of 11:28 AM 03/6/15 All times are local (Market data is delayed by at least 15 minutes).

avanti communications group (W6P) Snapshot

Previous Close
Day High
Day Low
52 Week High
11/28/14 - €4.01
52 Week Low
08/6/14 - €2.11
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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avanti communications group (W6P) Details

Avanti Communications Group Plc provides satellite communication services primarily through Ka-band satellites in Europe, the Middle East, and Africa. The company offers dedicated satellite bandwidth; IP data connectivity; and pre-packaged broadband services. It owns and operates a fleet of Ka-band satellite technology, including HYLAS 1; HYLAS 2; and ARTEMIS, as well as HYLAS 3 and HYLAS 4, which are in development stage. The company also offers consulting services relating to various applications, including location based services, IP backhaul solutions, broadband Internet access, traffic management, freight management, and rural education and civil protection. It serves government, Internet service providers, mobile operators, system integrators, telecommunications companies, and VSAT resellers. The company was founded in 2002 and is headquartered in London, the United Kingdom.

178 Employees
Last Reported Date: 11/4/14
Founded in 2002

avanti communications group (W6P) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $915.6K
Group Finance Director and Executive Director
Total Annual Compensation: $503.9K
Chief Operating Officer and Director
Total Annual Compensation: $439.5K
Technical Director, Executive Director and Me...
Total Annual Compensation: $630.8K
Compensation as of Fiscal Year 2014.

avanti communications group (W6P) Key Developments

Avanti Communications Group PLC Reports Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2014

Avanti Communications Group PLC reported unaudited consolidated earnings results for the six months ended December 31, 2014. For the first half, revenue was $31,051,000 against $24,961,000 for the same period of last year. Loss from operations was $28,345,000 against $22,661,000 for the same period of last year. Loss before taxation was $48,057,000 against $41,789,000 for the same period of last year. Loss for the period attributable to equity shareholders of the parent was $48,057,000 against $41,789,000 for the same period of last year. Net cash absorbed in operating activities was $41,050,000 against $13,976,000 for the same period of last year. Payments for property, plant and equipment was $68,443,000 against $12,887,000 for the same period of last year. Diluted loss per share was 44.86 cents against 38.68 cents for the same period of last year. EBITDA Loss was $3,819,000 against EBITDA of $997,000 for the same period of last year.

Avanti Communications Group PLC to Report First Half, 2015 Results on Feb 05, 2015

Avanti Communications Group PLC announced that they will report first half, 2015 results on Feb 05, 2015

Avanti Communications Group plc Announces Board Changes

Avanti Communications Group plc announced that Andy Green and Charmaine Eggberry will join the Board of Avanti as non-executive Directors with effect from November 27, 2014. The company also announced that William Wyatt will retire as a non- executive Director of the company at the conclusion of the annual general meeting on November 27, 2014 and that Alan Foster will retire as a non- executive Director of the company on March 31, 2015. Andy Green is chairman of IG Group, NP Group, DockOn Inc. and the Digital Catapult. He is also a non-executive director on the Board of ARM Holdings plc and the CBI. Until 2012, Andy was CEO of Logica plc.  Prior to joining Logica, Andy was a Board member at BT plc. Andy also is co-chair of the UK Space Leadership Council and a member of the Information Economy Council. Charmaine Eggberry is a non-executive director on the Board of GB Group plc, chairperson of Buzzmove, CEO of Plan B Consulting and is a Board member and trustee of The Marketing Academy.


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