Tier-1 Mobile Operator in Asia Expands 4G Network with Gilat's Cellular Backhaul Solution

Rhea-AI Summary

Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT) announced a significant expansion of a Tier-1 mobile operator's 4G network in Asia. This enhancement will utilize Gilat's advanced cellular backhaul solution, employing carrier-grade VSAT technology to connect hundreds of additional sites, especially in rural areas. The deployment aims to improve high-speed data and voice over LTE (VoLTE) services. Gilat’s commercial strategies are geared towards facilitating growth and profitability for mobile network operators across the continent.

Positive

• Expansion of 4G network to hundreds of rural sites, enhancing coverage.
• Utilization of high-performance Capricorn VSATs for improved service quality.

Negative

• None.

Gilat's field-proven carrier-grade VSATs to provide satellite backhaul to hundreds of sites of the nationwide 4G network

PETAH TIKVA, Israel, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that a Tier-1 mobile operator in Asia expanded its 4G network with Gilat's cellular backhaul solution. Gilat's field-proven carrier-grade VSATs to provide satellite backhaul to hundreds of sites of the nationwide 4G network.

The 4G network was extended to provide coverage to additional sites in small cities and rural areas. Gilat's SkyEdge II-c resilient platform with the high-performance Capricorn VSATs provide the backhaul over satellite to enable high speed data and high-quality voice over LTE (VoLTE).

"Gilat's leading 4G satellite backhaul solution continues to enhance lives of people around the world," said Michal Aharonov, Chief Commercial Officer at Gilat. "We are pleased to continue to invest and offer outstanding technological innovation in the 4G domain, as MNOs throughout Asia invest strongly in 4G networks to gain new customers and increase their profitability and loyalty.”

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 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 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, risks associated with the outbreak and global spread of the coronavirus (COVID-19) pandemic; 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 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 undertake no obligation to update or revise any forward-looking statements for any reason.

Contact:
Gilat Satellite Networks
Doreet Oren, Senior Director Corporate Communications
DoreetO@gilat.com

GK Investor and Public Relations
Ehud Helft, Managing Partner
ehud@gkir.com

FAQ

What recent development did Gilat Satellite Networks announce regarding GILT?

Gilat announced the expansion of a Tier-1 mobile operator's 4G network in Asia using their cellular backhaul solutions.

How will Gilat's technology impact the 4G network's performance?

Gilat's carrier-grade VSAT technology will enhance high-speed data and voice over LTE services, particularly in rural areas.

When was the news about Gilat's 4G network expansion released?

The announcement was made on October 25, 2021.

Which mobile operator is expanding its network with Gilat's solutions?

A Tier-1 mobile operator in Asia is expanding its network using Gilat's satellite backhaul technology.

What key benefits does Gilat's cellular backhaul solution provide?

It provides enhanced coverage, high-speed data, and improved voice service quality for the 4G network.