[SatNews] Avanti Communications Group plc has sold capacity on HYLAS 1....
....to QSAT of Ireland (‘QSAT’) in a seven year deal worth a minimum of 9.3 million pounds and as much as 13.6 million pounds. QSAT will also acquire (subject to completion of administrative processes) certain end user broadband consumers which Avanti has within its legacy business, thus stripping out operating expenses and removing a channel conflict with Avanti’s wholesale distribution strategy.
Approximately half of the capacity that QSAT has purchased will be used to service these existing customers and half is additional capacity to support QSAT’s planned growth outside of Ireland. QSAT is already the largest satellite broadband service provider in Ireland and has been a customer of Avanti since the HYLAS 1 launch.

