LATAM Telco Selects Gilat's High-Throughput Satellite Platform
23 December 2014 - 1:38AM
Gilat Satellite Networks Ltd. (Nasdaq:GILT), a worldwide leader in
satellite networking technology, solutions and services, announced
today that a Telecommunications Service Provider (TSP) in Latin
America selected Gilat's High-Throughput Satellite (HTS) Multi-Spot
Beam solution to provide Ka-band broadband services.
The TSP, which recently acquired five spot beams totaling 2.3
GHz of capacity, intends to use its new HTS network to provide
high-speed Internet service for multiple applications such as
consumer, enterprise, mobility and airborne.
According to the terms of the agreement, Gilat will provide a
SkyEdge II-c hub with multiple network segments, VSAT terminals and
related equipment. Additionally, Gilat will provide cloud-based
Network Operation Center (NOC) management services. Roll-out of
this project commenced earlier this quarter.
"Winning this bid bears testimony to the fact that our
technology supports multiple applications over the same platform
very effectively," stated Russell Ribeiro, Gilat's Regional Vice
President in Latin America. "We believe that our strong local
presence and support, combined with our knowledge and experience in
network management, will provide our partner with a strong
competitive advantage over the long term."
About Gilat
Gilat Satellite Networks Ltd (Nasdaq:GILT) (TASE:GILT) is a
leading provider of products and services for satellite-based
broadband communications. Gilat develops and markets a wide range
of high-performance satellite ground segment equipment and VSATs,
with an increasing focus on the consumer and Ka-band market. In
addition, Gilat enables mobile SOTM (Satellite-on-the-Move)
solutions providing low-profile antennas, next generation
solid-state power amplifiers and modems. Gilat also provides
managed network and satellite-based services for rural telephony
and Internet access via its subsidiaries in Peru and Colombia.
With over 25 years of experience, and over a million products
shipped to more than 85 countries, Gilat has provided enterprises,
service providers and operators with efficient and reliable
satellite-based connectivity solutions, including cellular
backhaul, banking, retail, e-government and rural communication
networks. Gilat also enables leading defense, public security and
news organizations to implement advanced, on-the-move tactical
communications on board their land, air and sea fleets using
Gilat's high-performance SOTM solutions. For more information,
please visit us at www.gilat.com
Certain statements made herein that are not historical are
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995. The words "estimate", "project",
"intend", "expect", "believe" and similar expressions are intended
to identify forward-looking statements. These forward-looking
statements involve known and unknown risks and uncertainties. Many
factors could cause the actual results, performance or achievements
of Gilat to be materially different from any future results,
performance or achievements that may be expressed or implied by
such forward-looking statements, including, among others, changes
in general economic and business conditions, inability to maintain
market acceptance to Gilat's products, inability to timely develop
and introduce new technologies, products and applications, rapid
changes in the market for Gilat's products, loss of market share
and pressure on prices resulting from competition, introduction of
competing products by other companies, inability to manage growth
and expansion, loss of key OEM partners, inability to attract and
retain qualified personnel, inability to protect the Company's
proprietary technology and risks associated with Gilat's
international operations and its location in Israel. For additional
information regarding these and other risks and uncertainties
associated with Gilat's business, reference is made to Gilat's
reports filed from time to time with the Securities and Exchange
Commission.
CONTACT: Gilat Satellite Networks
Joelle Inowlocki
JoelleI@gilat.com
KCSA Strategic Communications
Phil Carlson, Vice President
(212) 896-1233
pcarlson@kcsa.com
Thomas Mei, Account Executive
(212) 896-1208
tmei@kcsa.com
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