Gilat Awarded Contract for Satellite Network Modernization at Ethio Telecom
September 13 2023 - 7:09AM
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a
worldwide leader in satellite networking technology, solutions, and
services, announced today that the company received a contract for
satellite network modernization at Ethio Telecom of Ethiopia.
Gilat’s SkyEdge II-c with hundreds of Capricorn and Gemini VSATs
will be used to enable enhanced satellite-based 4G cellular
backhaul capabilities and enterprise communications for remote
regions of the country.
"As part of our modernization process, we carefully evaluated
our options," said Mr. Tesfaye Tadesse Woldesemayat, Chief Network
Infrastructure Officer at Ethio Telecom. "Gilat’s technology, with
its long history of proven satellite-based cellular backhaul
experience, proved to be the right choice to enable reliable and
efficient mobile connectivity and enterprise communications to
enable a bright future for the people of Ethiopia."
"We’re proud to be working with Ethio Telecom, one of Africa’s
most innovative pioneering telecom companies," said Yossi Gal, Vice
President of Regional Sales at Gilat. "We value our long
partnership with Ethio Telecom and are happy to be working with
them, with the latest in satellite communications technology, to
enable the highest levels of connectivity all across the
nation."
About Gilat
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a
leading global provider of satellite-based broadband
communications.
With over 35 years of experience, we create and deliver deep
technology solutions for satellite, ground and new space
connectivity and provide comprehensive end-to-end solutions and
services, powered by our innovative technology. We believe in the
right of all people to be connected and are united in our
resolution to provide communication solutions to all reaches of the
world.
Delivering high value solutions, our portfolio is comprised of a
cloud-based platform and high performance satellite terminals
designed to work in harmony with satellite constellations,
including Very High Throughput Satellites (VHTS) and
Software-Defined Satellites (SDS) in multiple orbits; high
performance Satellite On-the-Move (SOTM) antennas; and highly
efficient, high-power Solid State Power 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, mobility, cellular backhaul, military,
government, and enterprise, all while meeting the most stringent
service level requirements. 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, risks
associated with the outbreak and global spread of the coronavirus
(COVID-19) pandemic; 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. We undertake no obligation to update or revise any
forward-looking statements for any reason.
Contact:Gilat Satellite NetworksDoreet Oren,
Senior Director Corporate CommunicationsDoreetO@gilat.com
EK Global IREhud Helft, Managing Partnerehud@ekgir.com
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