[SatNews] Avanti Communications (AIM: AVN), the broadband satellite operator has announced the Company has signed a ten year contract for the sale of 100MB of services on HYLAS 1 to a new customer who will deliver Triple Play (broadband, TV and voice over IP) to consumers in the UK and Ireland. In addition to high speed broadband, consumers will be able to receive a bouquet of scheduled, broadcast TV channels over HYLAS 1, in the style of current free to air terrestrial services.
With volumes increasing up to 100Mb over the initial five years, the contract will generate a minimum of €12.7m in revenues for Avanti. For commercial, competitive reasons, Avanti cannot disclose the customer‘s identity, but can confirm it is an established and successful European satellite services provider with significant existing presence in the markets concerned.


