Avanti confirming restructuring?

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.

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