Sept 16 Satellite group Avanti Communications
said on Friday it had begun a process to pay debt due in
October by issuing debt that would mature in 2019, in order to
address a liquidity crunch.
* Intends to request best and final indicative offers for a
potential acquisition or any strategic investment in company
* Confirms that revenue for financial year ended June 30
2016 is expected to be approximately $83 mln