Avanti confirming restructuring?

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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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