Avanti
Avanti turns to regional operator partnerships to expand satellite coverage
U.K.-based Avanti Communications is seeking more partnerships to grow its footprint after securing its first major deal to use another regional satellite operator’s capacity.
Streamlined and ready for Africa’s growth markets: Q&A with Avanti Communications CEO Kyle Whitehill
SpaceNews spoke with Kyle Whitehill, Avanti’s chief executive officer, to learn more about the British satellite operator’s plans to expand across Africa.
Avanti sheds $550 million of debt to free up growth plan
British satellite operator Avanti said April 13 it has cut its $810 million debt pile by two-thirds after investors agreed to swap debt for equity.
After downsizing, Avanti focusing on fleet fill rate, mulls small GEO satellites
British satellite operator Avanti has no plans to relist on public markets anytime soon, focusing instead on streamlining costs while finding customers for its underutilized fleet of three satellites and two payloads.
Isotropic, Avanti test antenna • Atlas Space to link Aevum launches • Globalstar, Nokia partner on African connectivity
Isotropic Systems has completed two-way communications tests of its electronically steered antenna using Avanti’s Hylas-4 satellite.
Avanti shareholders approve stock’s delisting
Shareholders in British satellite operator Avanti voted overwhelmingly to remove the company from the London Stock Exchange, agreeing with management that the company is better off privately held.
Overhauled business plan bearing fruit, Avanti says
Selling capacity to other satellite operators is now one of Avanti’s main priorities, followed by selling to the U.S. Defense Department, Avanti CEO Kyle Whitehill said in a June 10 financial report.
Avanti secures $55 million credit line
Avanti, in a May 28 filing with the London Stock Exchange, said the credit facility is for a two-year period through which it can take loans with an annual interest rate of 12.5 percent. The company said it plans to use the loans to fund capital expenditures and meet working capital needs.
FIRST UP Satcom | Viasat wins $122.5M FCC subsidy • Gilat suppling ground equipment for Yamal-601 • Avanti eyes DoD business with Comsat
FIRST UP Satcom is a weekly SpaceNews newsletter for satellite and telecom professionals.
Viasat leases Hylas-4 capacity from Avanti
Viasat on June 25 acquired a quarter of the steerable capacity on Avanti’s newest satellite, Hylas-4, providing fresh Ka-band resources the company can use anywhere from the Americas across the Atlantic to the Middle East.
