China Satcom Completes Deployment of 1,000 Gilat SkyEdge VSATs; Broadband Satellite Terminals Power Rural Telephony Application
11 April 2006 - 10:02PM
Business Wire
Gilat Satellite Networks, Ltd. (Nasdaq: GILTF), today announced
that China Satellite Communications Corp. (China Satcom), one of
the six basic telecommunications operators in China, has completed
deployment of about 1,000 Gilat SkyEdge VSATs for rural telephony
applications in Gansu Province and Inner Mongolia Autonomous
Region. China Satcom is one of China's largest satellite operators.
Giora Reish, Gilat's Regional Vice President, Asia, said, "For over
a decade, Gilat has built a strong reputation among China's largest
telecom operators for providing public rural communication solution
that is fully integrated with the Chinese public telephony network,
combined with responsive local customer service. This solution
connects Chinese vast rural population to public services available
in urban areas. China Satcom was particularly impressed with
SkyEdge's toll quality voice, efficient space segment utilization
and low power consumption, which will make it possible to operate
the VSAT network in the most economical manner." Gilat's SkyEdge
platform supports telephony and data application on a single hub
located in Beijing. It provides seamless telephony connectivity to
public communication switches of national carriers. It can be
deployed quickly in any environment and can perform well in all
types of weather conditions. About China Satellite Communications
Corp. China Satcom is one of six basic telecommunications operators
in China, China Telecom, China Net Com, China Mobile, China Unicom,
China Satcom and CRC. China Satcom owns 31 provincial branches
throughout China and operates under the leadership of the Ministry
of Information Industry, the People's Republic of China. China
Satcom is a newly established, state-owned backbone enterprise
built according to the requirements of China's national telecom
restructuring of 2001. About Gilat Satellite Networks Ltd. Gilat
Satellite Networks Ltd. (Nasdaq: GILTF) is a leading provider of
products and services for satellite-based communications networks.
The Company operates under three business units: (i) Gilat Network
Systems ("GNS"), which is a provider of network systems and
associated professional services to service providers and
operators; (ii) Spacenet, which provides managed services for
businesses and governments through its Connexstar service brand,
for consumers through its StarBand service brand; (iii) Spacenet
Rural Communications, which offers rural telephony and Internet
access solutions to remote areas primarily in Latin America. Gilat
was founded in 1987 and has shipped over 600,000 Very Small
Aperture Terminals (VSATs) to more than 85 countries across six
continents. Gilat's headquarters is located in Petah Tikva, Israel.
The Company has 14 local offices and three service facilities
worldwide. Gilat markets the SkyEdge (TM) Product Family which
includes the SkyEdge(TM) Pro, SkyEdge(TM) IP, SkyEdge(TM) Call,
SkyEdge(TM) DVB-RCS and SkyEdge(TM) Gateway. In addition, the
Company markets numerous other legacy products. Visit Gilat 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.
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