London-based satellite broadband supplier Avanti Communications reported its first-half numbers and declared widening losses ($48.1 million vs $41.8m in the same period a year ago). However, revenues were markedly up (24 per cent) from $25 million to $31.1 million. Avanti also reported that they had raised an extra £60.6 million ($90.7m) in new capital via a 28.9 million share issue […]
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