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Gilat Awarded $20 Million Cellular Backhaul Managed Service Contract Renewal and Expansion from Tier-1 MNO in the United States
Gilat becomes the MNO's sole vendor to provide end-to-end services for LTE backhauling and disaster-recovery while replacing existing satellite
About this update from Gilat Satellite Networks Ltd.
[{"type":"text","content":"Gilat becomes the MNO's sole vendor to provide end-to-end services for LTE backhauling and disaster-recovery while replacing existing satellite technologies\nPETAH TIKVA, Israel, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that it was awarded a $20 Million cellular backhaul managed service three-year contract renewal and expansion from a Tier-1 MNO in the United States. With this award, Gilat becomes the MNO's sole vendor to provide the end-to-end services for LTE backhauling and disaster-recovery, while replacing existing satellite technologies.\n\n \n \n \n \n \n \n \n \n \n \n \n Gilat Chosen as Sole Vendor for End-to-End Backhauling and Disaster Recovery Services\n \n \n \n \n \n \n \n \n\n This significant contract expansion was awarded to Gilat due to its proven managed service expertise and unmatched LTE over satellite technology. Gilat has also demonstrated unparalleled capabilities in all three dimensions: technology, delivery and operation. Gilat's superior technology ensures the required user experience and enables a smooth transition to 5G, while the delivery and day-to-day operational needs were met consistently and professionally. “We are delighted to have been selected by the US Tier-1 MNO for this major three-year managed service contract renewal and expansion, which is a testament to Gilat's strong service capabilities in this area,\" said Michal Aharonov, Vice President Global Broadband Networks at Gilat. “I am pleased that Gilat's managed service strategy is materializing globally, securing important contracts with major customers around the world.\" 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 suppor...