Avanti Communications Group PLC

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AVNLF

GB00B1VCNQ84

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24-02-21	Avanti Communications Signs Strategic Collaboration Agreement with Telesat as Part of New Multi-Orbit Strategy	CI
22-05-23	Avanti Communications and Free in Senegal Sign Landmark Agreement to Build and Host New HYLAS 4 Satellite Gateway in Senegal	CI

Avanti Communications Group PLC Auditor Raises 'Going Concern' Doubt

Published on 06/11/2019

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Avanti Communications Group PLC

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Avanti Communications Group PLC filed its Annual on Jun 12, 2019 for the period ending Dec 31, 2018. In this report its auditor, KPMG LLP - Klynveld Peat Marwick Goerdeler, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Latest news about Avanti Communications Group PLC

24-02-21	Avanti Communications Signs Strategic Collaboration Agreement with Telesat as Part of New Multi-Orbit Strategy	CI
22-05-23	Avanti Communications and Free in Senegal Sign Landmark Agreement to Build and Host New HYLAS 4 Satellite Gateway in Senegal	CI
21-10-01	Avanti Communications Group PLC Appoints Steven Edward Evans as A Director, Effective 1 October 2021	CI
21-07-15	Avanti Communications and Clear Blue Technologies Partner to Deploy Rural Connectivity Across Sub-Saharan Africa	CI
21-06-25	Avanti Communications Group PLC Announces Board Changes	CI
21-03-25	Vikas Grover Joins Avanti Communications as CTO	CI
21-02-11	Avanti Communications Group PLC announced that it expects to receive $30 million in funding	CI
21-01-03	Avanti Communications Group plc Reports Earnings Results for the Half Year Ended June 30, 2020	CI
20-09-29	Avanti Communications Group PLC Announces Resignation of John Slamecka as a Director	CI
20-08-25	Avanti Communications Group PLC Announce the Resignation of Christopher Mclaughlin as A Director	CI
20-08-16	Avanti Communications Group plc Reports Earnings Results for the Full Year Ended December 31, 2019	CI
20-05-27	Avanti Communications Group PLC Announces Resignation of Nigel Adrian Dawson Fox as Director	CI
20-03-06	Avanti Communications Group PLC Appoints Richard David Alden as Director	CI
19-08-28	Avanti Communications Group plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2019	CI
19-08-07	Avanti Communications Group plc Announces Successful Launch of HYLAS 3	CI
19-06-24	Avanti Communications Group PLC Announces Charmin Changes	CI
19-06-20	Avanti Communications Group PLC Appoints Christopher William Mclaughlin as Non-Executive Director	CI
19-06-11	Avanti Communications Group PLC Auditor Raises 'Going Concern' Doubt	CI
19-06-10	Avanti Communications Group PLC Reports Unaudited Consolidated Earnings Results for the 18 Months Period Ended December 31, 2018	CI
19-06-10	Avanti Communications Group PLC Announces Board Changes	CI
19-05-31	Avanti Communications Group plc Reports Revenue Results for the First Quarter Ended March 31, 2019	CI
19-05-28	Avanti Communications Group plc Announces Closing of $55 Million 1.5 Lien Credit Facility	CI
19-04-08	Avanti Communications Group PLC Signs Long Term Bandwidth Contract with Turksat	CI
19-03-28	Avanti Communications Group PLC Announces Re-Finance	CI
19-03-28	Avanti Communications Group plc Provides Revenue Guidance for the Period Ending December 31, 2019, Fiscal Year 2019 and 2020	CI

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Company Profile

Avanti Communications Group plc is engaged in the provision of communication services. The Company is engaged in commercial exploitation of its space and network assets, which include its spectrum rights, satellites, intellectual property and ground station assets. The Company's products include SELECT, CUSTOM, PURE and ApTec. The Company's satellite network interface gives service providers the control across the fleet and ground infrastructure. The Company's shared bandwidth product is an end-to-end solution that provides terminal equipment and a contended access path from an end-users property to the Internet. Its service levels range from 512/128 kilobits per second (kbps) to 30/2 megabits per second (Mbps). PURE is suitable for established satellite service providers and supports any satellite based data communications application on any vendor's Ka-band hub. ApTec is a specialist systems integration and solutions sales group, which helps Government to achieve outcomes to policy.

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