Web Para Todos Expands Providers Contract with Gilat

Gilat Satellite tv for pc Networks Ltd.

PETAH TIKVA, Israel, Aug. 04, 2022 (GLOBE NEWSWIRE) — Gilat Satellite tv for pc Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide chief in satellite tv for pc networking know-how, options, and providers, introduced at this time that Web para Todos (IPT) in Peru is increasing its contract with Gilat, for 4G mobile backhaul providers over the Web.

IPT is a world collaborative between Telefónica, Meta (previously Fb), IDB Make investments, and CAF. The initiative is bridging the digital divide in Latin America and offering web connectivity to distant areas of Peru.

Gilat gives 4G mobile backhaul providers over the web which are being deployed at greater than 100 new websites to offer protection to rural zones by means of Gilat’s entry community. The brand new multi-year contract addresses 4G connectivity to smaller villages and is anticipated to additional develop over time.

“The providers from Gilat have been instrumental in serving to us to provide the inhabitants of Peru with broadband connectivity, even in probably the most rural areas,” mentioned Teresa Gomes, CEO at IPT.

“It’s an honor to increase this essential, persevering with work with IPT, serving to them to beat technical and financial obstacles to bridge the digital divide and improve connectivity in rural areas,” mentioned Arieh Rohrstock, Company SVP and Normal Supervisor Gilat Peru.

About IPT
Web para Todos (IPT) was born as a world collaborative initiative between Telefónica and Fb with a purpose to bridge the digital divide in Latin America, underneath a sustainable and modern mannequin that might overcome the obstacles posed by carrying connectivity to rural areas with excessive geographical complexity. This initiative is joined by IDB Make investments and CAF, which guided by the identical objective of connecting the unconnected and assured that connectivity is a vital lever for the event and transformation of individuals’s lives, consolidates the brand new firm IPT as a Rural Cell Infrastructure Operator – OIMR in Peru, beginning operations on Might 1st, 2019. IPT is the primary ever Community as a Service designed to convey dependable web to rural communities in Peru in an economically sustainable means.

About Gilat
Gilat Satellite tv for pc Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a number one world supplier of satellite-based broadband communications. With 30 years of expertise, we design and manufacture cutting-edge floor phase tools, and supply complete options and end-to-end providers, powered by our modern know-how. Delivering excessive worth aggressive options, our portfolio contains of a cloud based mostly VSAT community platform, high-speed modems, excessive efficiency on-the-move antennas and excessive effectivity, excessive energy Strong State Amplifiers (SSPA) and Block Upconverters (BUC).

Gilat’s complete options assist a number of purposes with a full portfolio of merchandise to handle key purposes together with broadband entry, mobile backhaul, enterprise, in-flight connectivity, maritime, trains, protection and public security, all whereas assembly probably the most stringent service degree necessities. For extra info, please go to: www.gilat.com

Sure statements made herein that aren’t historic are forward-looking inside the that means of the Non-public Securities Litigation Reform Act of 1995. The phrases “estimate”, “venture”, “intend”, “count on”, “consider” and comparable expressions are supposed to establish forward-looking statements. These forward-looking statements contain recognized and unknown dangers and uncertainties. Many elements may trigger the precise outcomes, efficiency or achievements of Gilat to be materially totally different from any future outcomes, efficiency or achievements that could be expressed or implied by such forward-looking statements, together with, amongst others, dangers related to the outbreak and world unfold of the coronavirus (COVID-19) pandemic; modifications usually financial and enterprise circumstances, incapacity to take care of market acceptance to Gilat’s merchandise, incapacity to well timed develop and introduce new applied sciences, merchandise and purposes, fast modifications available in the market for Gilat’s merchandise, lack of market share and strain on costs ensuing from competitors, introduction of competing merchandise by different corporations, incapacity to handle progress and enlargement, lack of key OEM companions, incapacity to draw and retain certified personnel, incapacity to guard the Firm’s proprietary know-how and dangers related to Gilat’s worldwide operations and its location in Israel. For extra info concerning these and different dangers and uncertainties related to Gilat’s enterprise, reference is made to Gilat’s reviews filed every now and then with the Securities and Trade Fee. We undertake no obligation to replace or revise any forward-looking statements for any cause.

Contact:
Gilat Satellite tv for pc Networks
Doreet Oren, Senior Director Company Communications
[email protected]

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

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