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Gilat Signs Service Agreements of Over $16 Million for Operating Transport-Networks to Support Broadband Services in Peru
Gilat to provide services over a two-year period for the regional broadband transport networks PETAH TIKVA, Israel, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Gilat
About this update from Gilat Satellite Networks Ltd.
[{"type":"text","content":"Gilat to provide services over a two-year period for the regional broadband transport networks\nPETAH TIKVA, Israel, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that it signed agreements of over $16 million for operating the regional transport-networks to support broadband services in Peru. Gilat to provide services over a two-year period. \"The outstanding achievement of providing broadband services for the transport networks for the regions of Ayacucho, Apurímac and Huancavelica is in addition to the previously announced Cusco region,\" said Arieh Rohrstock, Corporate SVP and General Manager Gilat Peru. \"This is a huge step in materializing Gilat's strategy to provide services to the transport networks of all six regions that Gilat operates.\" About GilatGilat 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-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 achieveme...