THAICOM Launches Fast Internet Connectivity Service, Powered by Gilat Satellite Equipment
February 03 2014 - 7:19AM
Gilat Satellite Networks Ltd. (Nasdaq:GILT), a worldwide leader in
satellite networking technology, solutions and services, and
THAICOM Public Company Limited (SET BKK:THCOM), Asia's leading
satellite operator, announced today the launch of the IPSTAR
service to enhance broadband connectivity across the Asia-Pacific
region.
This service launch represents the next stage of the cooperation
agreement signed several months ago to provide customers across the
Asia-Pacific region with an integrated solution comprising Gilat's
SkyEdge II-c VSAT satellite ground equipment and Thaicom4's
(IPSTAR) high throughput satellite (HTS).
To unveil the combined offering, Gilat and THAICOM will be
conducting seminars in Jakarta, Indonesia in February, where they
will demonstrate how the service greatly improves Internet
connectivity in the region.
"In only a very short time, we've been able to implement this
new service, which will provide our customers with faster satellite
Internet connectivity than they've ever experienced
before," said Ms. Suphajee Suthumpun, Chairman of the
Executive Committee and CEO of THAICOM. "We look forward to
replicating the success we've achieved collaborating with Gilat in
previous ventures, such as the National Broadband Network (NBN)
project in Australia."
The cooperation between the two companies reflects THAICOM's
ongoing Open Access Platform (OAP) strategy to provide technology
equipment vendor's access to Thaicom 4's HTS, enabling them to
fulfill customer requirements for wider variety and increased
flexibility.
"We are pleased with the ongoing cooperation with THAICOM," said
Erez Antebi, CEO of Gilat Satellite Networks. "Gilat views this
partnership as a key factor for growing its Asia-Pacific business.
The cooperative endeavor, combining Gilat's SkyEdge II-c platform
with IPSTAR capacity, will provide our customers with an enriched
broadband satellite service experience."
About THAICOM
THAICOM Public Company Limited, a leading Asian satellite
operator, was established in 1991. The Company was the first
to launch a broadband satellite in the world, and is a leader in
developing integrated solutions for satellite broadcast and
broadband services. The Company's engineering teams provide
leading-edge innovative solutions for satellite-based
telecommunications services. Since its establishment the Company
has launched six satellites, with three satellites in operation:
Thaicom 4 (IPSTAR) is the Company's broadband satellite which
provides a variety of broadband and data services,
including mobile backhaul, mobility, government USO support,
content delivery, business continuity and
emergency services, as well as broadband internet
services to 14 countries throughout Asia Pacific;
Thaicom 5 is a 'hotbird' satellite positioned at 78.5 degrees
East, and carries more than 600 television channels for broadcast
across Asia Pacific; Thaicom 6 is collocated with
Thaicom 5 at 78.5 degrees East to expand the Company's
broadcast carrying capacity. Thaicom 7, a future
satellite, will be launched to the 120 degrees East orbital slot
later in 2014.
THAICOM is traded on the Stock Exchange of Thailand (SET) under
the trade symbol "THCOM"
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,
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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: David Leichner
Gilat Satellite Networks
+1 516 478 9697
davidle@gilat.com
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