[Satellite Today 02-11-09] Avanti Communications has received an unsolicited approach for the company, it said Feb. 10. The European based satellite operator, which is getting set to launch its high-powered HylasOne satellite later this year, made the statement after movement in its share price.
The company confirmed in a statement that it had received “an unsolicited preliminary approach regarding a possible offer for the company”, but that it had “rejected this approach”, saying it had “excellent prospects” as an independent group.
Avanti Rejects Approach
By S Staff Writer
Univity Signs MoU With Indonesia’s Telkomsat on VLEO and D2D Connectivity
Univity has signed an MoU with Indonesian national satellite operator Telkomsat to explore collaboration on satellite connectivity. The MoU announced Monday includes assessing Very Low Earth Orbit (VLEO) architecture, and […]
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