Avanti Communications: Bouncing Signals
Edison | Feb 04, 2016 05:21AM ET
Bouncing signals
Avanti Communications (L:AVN) is a play on the growing demand for high- 4 February 2016 throughput data transmission for broadband in EMEA, using its Ka-band satellite network. With capacity already successfully deployed, the company is in a revenue build phase having financed two new satellites. If H216 recurring revenue guidance is achieved, it augurs well for future cash delivery and therefore the value of the currently debt-encumbered equity.
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