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Gilat Receives More Than $ 5 Million For Cellular Link Expansion Of Tier 1 Mobile Network Operator In Japan Nasdaq: GILT

By on April 22, 2021 0

PETAH TIKVA, Israel, April 22, 2021 (GLOBE NEWSWIRE) – Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a global leader in satellite networking technology, solutions and services, today announced that it has received more than $ 5 million for cellular backhaul on satellite expansion of the Tier-1 mobile network operator in Japan.

The mobile operator will use Gilat’s SkyEdge II-c platform to quickly extend coverage to rural areas lacking access to fiber, as well as to provide emergency response to earthquakes or storms. other natural disasters. An aggressive deployment schedule has been put in place to meet carrier requirements.

“The leading mobile carrier needed Gilat’s proven cell backhaul solution to meet its aggressive deployment schedule and to meet interoperability standards,” said Abhay Kumar, regional vice president, APJ at Gilat. “This victory joins other Japanese and global Tier 1 operators who are benefiting from Gilat’s leading cellular link technology, with a shared vision of providing connectivity to people in the most remote areas, as well as to provide essential emergency preparedness in a disaster-prone country like Japan. “

About Gilat
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is one of the world’s leading providers of broadband satellite communications. With 30 years of experience, we design and manufacture advanced equipment for the ground segment, and provide complete solutions and end-to-end services, powered by our innovative technology. Offering competitive solutions with high added value, our portfolio includes a cloud-based VSAT network platform, high-speed modems, high-performance mobile antennas and solid-state amplifiers (SSPA) and block converters. (BUC) with high efficiency and high power.

Gilat’s complete solutions support multiple applications with a comprehensive product portfolio to meet key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, shipping, trains, defense and public safety, 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 that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intention”, “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 Gilat’s actual results, performance or achievements to be materially different from any future results, performance or achievements that could be expressed or implied by such forward-looking statements, including, but not limited to, the risks associated with the epidemic and spread of the coronavirus pandemic (COVID-19); changes in general economic and business conditions, inability to maintain market acceptance of Gilat products, inability to develop and timely introduce new technologies, products and applications, rapid changes in the market for Gilat products, loss of market share and price pressure 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 assume no obligation to update or revise forward-looking statements for any reason.

Contact:
Gilat satellite networks
Doreet Oren, Director of Corporate Communications
[email protected]

GK Investor and Public Relations
Ehud Helft, Managing Partner
[email protected]