RIO DE JANEIRO and
PETAH TIKVA, Israel, April 1,
2019 /PRNewswire/ -- TIM Brasil, a leading mobile
operator with the largest 4G coverage in Brazil, and Gilat Satellite Networks Ltd.
(NASDAQ: GILT) (TASE: GILT), a worldwide leader in satellite
networking technology, solutions and services, announced today that
TIM Brasil selected Gilat's satellite backhaul solution to enable
4G services to unserved areas, such as highways and small towns, as
well as to the agribusiness IoT market. Initially, Gilat will
supply one thousand VSATs to complement TIM's cellular coverage
program, "4G TIM in the Field".
"The partnership with Gilat will enable TIM Brasil to
utilize the '4G TIM in the Field' project to extend its 4G coverage
from the coastline into the country for the benefit of the
agribusiness IoT market," said Marco Di
Costanzo, Engineering Director at TIM Brasil. "Gilat's
satellite backhaul solution will allow the 4G network expansion for
connectivity of machines and operators to real-time control and
monitoring of harvesters and agricultural tractors, ensuring
cost-effective decisions, better crop management and greater speed,
efficiency and productivity in the production
flow."
"We are excited to support TIM Brasil's vision of
extending 4G coverage inland to the rural areas of Brazil for the benefit of the agribusiness IoT
market," said Tobias Dezordi, Regional Vice President Latin America
at Gilat. "TIM Brasil's selection of Gilat further validates our
vision that LTE cellular backhauling over satellite provides
affordable, high quality broadband connectivity, solidifying
Gilat's LTE backhauling leadership and demonstrating our
technological superiority in supporting more and more applications,
such as highways and the fast growing IoT market."
Further to "4G TIM in the field" project, already
providing connectivity to major farm and mill partners, TIM Brasil
is planning a complete national coverage calling for expanding its
4G services inland to increase productivity of the farming industry
market in rural Brazil. The
project allows communication between the field and the office,
addressing one of the main challenges of the agribusiness market.
The project provides robust real-time connectivity, automation, and
ultimately delivering products faster and to the right
markets.
In partnership with TIM, Gilat will supply a 4G backhaul
over a multi-spot beam Ku-band satellite to enable reach to the
most remote areas of Brazil. The
satellite backhaul will support the agribusiness IoT market as well
as extending coverage to highways and improving the quality of life
of the region's population, by enabling access to 4G mobile
connectivity for the first time.
About TIM Brasil
TIM's mission is
to connect and care for each customer, so that everyone can
accomplish more. To this end, it focuses on the strategic pillars
of offering, infrastructure, efficiency and customer experience,
based on an internal culture of accountability and the change of
processes and platforms that allow a digital transformation. The
motto is - "Evolution does not stop" – reinforces the Company's
commitment to its Investment Plan and with the objective of
becoming the top telecommunications operator in Brazil.
Since 2015, TIM is leader in 4G coverage in the country
and is a recognized player in ultra-mobile and fixed broadband. TIM
is also leader in governance practices and remains the only Company
in the telecommunications sector in the B3 New Market, TIM is
recognized as having the highest level of corporate governance; in
addition it is the longest-running Company in the sector, eleven
consecutive years, to be included in the Corporate Sustainability
Index (ISE). For more information, please visit:
www.tim.com.br.
About Gilat
Gilat Satellite
Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global
provider of satellite-based broadband communications. With 30 years
of experience, we design and manufacture cutting-edge ground
segment equipment, and provide comprehensive solutions and
end-to-end services, powered by our innovative technology.
Delivering high value competitive solutions, our portfolio
comprises of a cloud based VSAT network platform, high-speed
modems, high performance on-the-move antennas and high efficiency,
high power Solid State Amplifiers (SSPA) and Block Upconverters
(BUC).
Gilat's comprehensive solutions support multiple
applications with a full portfolio of products to address key
applications including broadband access, cellular backhaul,
enterprise, in-flight connectivity, maritime, trains, defense and
public safety, all while meeting the most stringent service level
requirements. Gilat controlling shareholders are the FIMI Private
Equity Funds. For more information, please visit:
www.gilat.com
Certain statements made herein that are not historical
are forward-look ng 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. We undertake no obligation to update
or revise any forward-looking statements for any reason. 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
Doreet Oren,
Director Corporate Communications
DoreetO@gilat.com
Comm-Partners LLC
June
Filingeri, President
+1-203-972-0186
JuneFil@optonline.net
Contact:
Weber Shandwick – TIM Brasil's Press
Agency
tim@webershandwick.com
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SOURCE Gilat Satellite Networks