Avantel has received an approval for proposal of buyback of equity shares of the company, up to 25% of the paid up capital and free reserves by way of seeking the approval of the members of the company through Postal Ballot Process. The board of directors of the company at its meeting held on June 14, 2013 has approved for the same.
Avantel is actively involved in design and development of products based on High Power Broad band Wireless, Satellite Communication and Broad band access technologies. The design, development and integration of wireless and access products are carried out using standard and proprietary software tools.
