UK satellite operator Avanti Communications has announced the placing of 21,500,000 new ordinary shares of 1p each, which will raise £86 million to fund the procurement, launch and operation of its future broadband Satellite, HYLAS 2.
http://www.ispreview.co.uk/story/2009/12/23/avanti-uk-raises-cash-to-fund-next-gen-hylas2-broadband-isp-satellite.html
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