PETAH TIKVA, Israel, Oct. 31,
2017 /PRNewswire/ -- Gilat Satellite Networks Ltd. (NASDAQ:
GILT) (TASE: GILT), a worldwide leader in satellite networking
technology, solutions and services, announced today that it was
awarded by a major Telecom Service Provider in Latin America full responsibility to deliver
and operate satellite-based LTE backhaul, for the purpose of
delivering high-performance broadband to multiple locations.
Gilat was chosen for this end-to-end managed services project
due to its proven expertise with LTE satellite backhaul deployments
at tier-1 mobile network operators and its managed services
capabilities being executed around the globe. The project was
awarded following excellent results in extensive acceptance tests
performed by the customer.
The project includes Gilat's technology and services, as well as
24x7 network operation and management via Gilat's global Network
Operation Center (NOC). The service is designed to meet the
customer's high standards and is to be managed per an agreed
Service Level Agreement (SLA).
"We are excited to have been awarded this managed service LTE
backhauling project, by a major Telecom Service Provider in
Latin America, further proving
that satellite based LTE cellular backhauling is becoming
mainstream for plentiful, quality, and affordable broadband," said
Ron Levin, VP Global Accounts at
Gilat. "This project is a testament not only to our ongoing
technological leadership, but also to Gilat's experience in
delivering a highly reliable end-to-end service, meeting rigorous
SLAs, to provide high performance broadband, to satisfy the growing
demand for quality Internet service."
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's 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-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. 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
DoreetO@gilat.com
Comm-Partners LLC
June Filingeri, President
203-972-0186
junefil@optonline.net
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SOURCE Gilat Satellite Networks