PETAH TIKVA, Israel, July 24,
2018 /PRNewswire/ -- Gilat Satellite Networks Ltd.
(NASDAQ: GILT) (TASE: GILT), a worldwide leader in satellite
networking technology, solutions and services, announced today that
Telstra, a leading global telecommunications and technology service
provider, chose Gilat's backhaul solution to expand its 4G mobile
service throughout remote locations across Australia. Gilat's satellite backhaul solution
enables fast and smooth integration into Telstra's network.
Gilat's DVB-S2X Capricorn VSAT, member of the SkyEdge II-c
platform, is a key part of Telstra's 4GX-lite Mobile Satellite
Small Cell offering. Telstra's service will bring coverage to new
areas for the benefit of customers such as rural farmers, mining
companies and local councils.
Gilat's SkyEdge II-c platform delivers high spectral efficiency
and optimized space segment via advanced transmission and Gilat's
innovative LDPC fast adaptive return access scheme. Gilat's
solution supports integration at both layer-2 and layer-3 with a
full end-to-end encryption.
"We are excited about the opportunity to be working with one of
the world's leading telecommunications service providers, and are
pleased to deliver 4G cellular backhauling at true LTE speeds,"
said Oded Sheshinski, RVP Asia-Pacific at Gilat. "Telstra's
selection further validates Gilat's vision that LTE cellular
backhauling over satellite provides affordable, high quality
broadband connectivity, and solidifies Gilat's technical and
services leadership in this growing market."
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
JuneFil@optonline.net
203-972-0186
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SOURCE Gilat Satellite Networks