Avanti Communications Group:
Contract Win
with TigrisNet Ltd
8 February 2011
Avanti Communications is pleased to announce a new contract win with TigrisNet Ltd, the international satellite service provider. TigrisNet previously bought capacity on both HYLAS 1 and HYLAS 2, but as a result of expanding demand has increased its commitment to the HYLAS 2 satellite with a further 5 year contract worth an additional $12.2 million. This, together with the first contract announced in December last year, brings the total value of commitments with TigrisNet to over $27 million.
This extended contract will enable TigrisNet to meet the expected growth in the Iraqi telecommunications market as greater competition is introduced and economic activity builds.
TigrisNet is the leading VSAT (Internet via Satellite) provider in Iraq providing a range of services that covers clients from every sector, including Government bodies to SMEs and local ISPs. TigrisNet is also the market leader in Video Conferencing and VoIP.
Commenting, David Williams, Avanti Chief Executive, said:
“I am delighted that HYLAS 2 together with TigrisNet will be playing such a crucial role in the growth of Iraq’s telecommunications infrastructure, bringing new opportunities for the government, businesses and individuals to create exciting services that deliver value to the economy and enhance peoples’ lives. We look forward to a long and rewarding relationship with TigrisNet.”
Dr Raeid Nasser, CEO of TigrisNet , commented:
"I am convinced that the growth of Ka band based VSAT services will be strong and sustainable. It offers the opportunity to deliver significant improvements in high speed broadband connectivity to homes, businesses and institutions in Iraq and the wider region for years to come. This is why I am very pleased to be working with Avanti Communications whose delivery of the HYLAS 2 Ka band satellite in 2012 will ensure that TigrisNet will be able to continue to develop and deliver market beating services to its growing customer base.”
