Avanti Communications Group plc (AIM: AVN) has been awarded a contract by Hutchison 3G Ireland Ltd (Hutchison 3G) to supply them under the Irish Government’s National Broadband Scheme.
This 43m euros project is designed to bring broadband services to communities all over Ireland who are out of the reach of terrestrial alternatives. The contract has an expected value to Avanti of 5.3m euros over 3 years. Avanti will be concentrating on serving the rural areas where ADSL and Mobile broadband have no reach. The contract will cover an anticipated 5,000 to 6,000 homes and businesses in its initial phase, although the eventual number of potential customers may be higher. Avanti will begin services on leased capacity, transferring to its own HYLAS satellite after its launch.