Avanti Communications Group, the London AIM listed satellite communications company, is expected shortly to announce the result of its Balance Sheet restructuring, which observers say should put it on a much stronger footing.

This, along with the end-March launch of its HYLAS 4 satellite and some new markets opening up, puts Avanti in a much stronger position after two very difficult trading years during 2016 and 2017.

Beaufort Securities, in a brief report on the operator, summed up the position for investors as a “speculative buy” in a note issued January 16th.

Other posts by :

1. Starlink struggling for approval on South Africa, India
2. Impressive Starlink deployment rate
3. Bank: Space industry worth $1tn by 2040
4. Xona Space wants 259 LEO satellites
5. 36 major airlines now committed to Starlink
6. Quilty: Top 5 Washington Satellite show takeaways
7. Space Wars: Starlink vs Amazon Leo
8. Eutelsat seeks ISRO deal for launches
9. Virgin Galactic sets prices for space tourists

Categories: Articles, DTH/Satellite