Colombia's Axesat Chooses Gilat to Provide a SkyEdge Broadband Satellite Network.PETAH TIKVA, Israel -- Gilat Satellite Networks Gilat Satellite Networks is a publicly-traded Israeli company (NASDAQ: GILT. TASE) Gilat designs, develops and markets satellite and hybrid networking products, services and solutions to operators in 85 countries. Ltd. (Nasdaq:GILT) today announced it has been chosen by Axesat, a leading satellite service provider in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , to provide a SkyEdge broadband satellite network comprised of a hub and more than 400 SkyEdge VSATs. With completion of this latest deployment, Axesat will operate more than 2,500 Gilat VSATs nationwide. Axesat will deploy Gilat's SkyEdge Pro and SkyEdge IP VSATs to provide Colombian enterprises with private networking services including interactive data, broadband Internet access Broadband Internet access, often shortened to just "broadband", is high speed Internet access—typically contrasted with dial-up access over modem. Dial-up modems are generally only capable of a maximum bitrate of 56 kbit/s (kilobits per second) and require the full use of a , and Voice over Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (VoIP) services. Gilat's SkyEdge platform was chosen following Axesat's successful deployment and operation of its network comprising more than 2,000 Gilat 360E VSATs. "This agreement expands the successful relationship we have enjoyed with Gilat since 2003 - a relationship that is essential to the continued growth of our company," said Mauricio Segovia, General Manager, Axesat. "The SkyEdge network, based on Gilat's advanced VSAT (Very Small Aperture satellite Terminal) A small earth station for satellite transmission that handles up to 56 Kbits/sec of digital transmission. VSATs that handle the T1 data rate (up to 1.544 Mbits/sec) are called "TSATs. technology and experience, will enable us to continue providing the highest possible level of customer service and support to Colombian enterprises in a variety of important business segments," he added. Jose Aronovich, Gilat Network System's regional vice president sales, Latin America, said, "This new contract with Axesat demonstrates our continued success in Latin America, where we provide equipment and services to many of the region's largest operators. Gilat's broadband satellite solutions enable businesses and consumers throughout Latin America to benefit from increased productivity and advanced services." Gilat's SkyEdge is a satellite communications system In telecommunication, a communications system is a collection of individual communications networks, transmission systems, relay stations, tributary stations, and data terminal equipment (DTE) usually capable of interconnection and interoperation to form an integrated whole. that delivers high-quality voice, broadband data and video services over a powerful unified system. SkyEdge represents Gilat's extensive knowledge base and field-proven product offering, acquired through two decades of experience. SkyEdge's flexible architecture and efficient space segment utilization make it an ideal platform for operators and service providers. As part of its commitment to the Latin American market, Gilat recently launched a new Spanish language Spanish language, member of the Romance group of the Italic subfamily of the Indo-European family of languages (see Romance languages). The official language of Spain and 19 Latin American nations, Spanish is spoken as a first language by about 330 million persons web site, available at www.gilatnetworks.com About Axesat Axesat, based in Bogota, is a leading satellite service provider in Latin America, providing service to corporate and residential customers in Colombia, Venezuela, Ecuador and throughout Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. . For more information, please visit www.axesat.com. About Gilat Satellite Networks Ltd. Gilat Satellite Networks Ltd. (Nasdaq:GILT) is a leading provider of products and services for satellite-based communications networks. The Company operates under three business units: (i) Gilat Network Systems Gilat Network Systems, a business unit of Gilat Satellite Networks of Israel, provides satellite networks and professional services, including turnkey solutions and outsourcing, to operators worldwide. Its main offering is the SkyEdge VSAT satellite communications system. , which is a provider of network systems and associated professional services to service providers and operators worldwide; (ii) Spacenet Inc., which provides managed services in North America for businesses and governments through its Connexstar service brand and for consumers through its StarBand service brand; (iii) Spacenet Rural Communications Spacenet Rural Communications is a Gilat Satellite Networks business unit providing rural Internet and telephony services primarily in Latin America. , which offers rural telephony and Internet access solutions to remote areas primarily in Latin America. Gilat was founded in 1987 and has shipped over 670,000 Very Small Aperture Terminals (VSATs) to more than 85 countries across six continents. Gilat's headquarters is located in Petah Tikva, Israel. The Company has 16 sales and service offices worldwide. Gilat markets the SkyEdge[TM] Product Family which includes the SkyEdge[TM] Pro, SkyEdge[TM] IP, SkyEdge[TM] Call, SkyEdge[TM] DVB-RCS DVB-RCS Digital Video Broadcasting - Return Channel Via Satellite and SkyEdge[TM] Gateway. In addition, the Company markets numerous other legacy products. Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and 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. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion