Avanti launches £120m satellite
UK telecoms group Avanti will today launch a £120m (€143m) telecoms satellite from French Guyana to provide broadband services in Europe. Avanti's chief executive, David Williams, said Ireland would be an important market for the company and it hopes to attract "no less" than 20,000 customers here.
Avanti already supplies satellite broadband services to mobile operator 3 Ireland as part of its roll-out of the Government's National Broadband Scheme.
Mr Williams said that the satellite, Hylas 1, which is being launched by a European Space Agency Ariane rocket, will be able to offer speeds of up to about 10 megabytes per second, but said a two megabyte per second service is likely to cost in the region of €25 a month.
Avanti acts as a wholesaler, and while Mr Williams said the firm can't control the final price point, it has suggested to potential clients the prices it would like to see consumers being charged.
The Hylas 1 satellite has the capacity to support about 300,000 individual consumers.
The UK and Spain are the other biggest target markets for Avanti.