Mobile Network Operators to enjoy rapid LTE network deployment with 200Mbps VSAT solution and extended rural coverage with full turnkey small cell solution
Petah Tikva, Israel, April 2, 2015 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that it intends to present its rapidly deployable cellular backhaul solutions at LTE Latin America 2015,April 7-9 at the SulAmerica Convention Centre in Rio de Janeiro, Brazil – Booth #1.
At Latin America’s premier LTE event, Gilat will highlight its SkyEdge II-c Capricorn, a VSAT designed to support Mobile Network Operators (MNOs) in rapidly and cost-effectively expanding LTE coverage.
Gilat’s Capricorn is the fastest TDMA VSAT on the market – with cellular backhaul capabilities of up to 200 Mbps – maximizing handset performance on LTE networks. Fast deployment and improved network quality are just some of the benefits Capricorn brings MNOs. At the event, Gilat will also present CellEdge, its integrated small-cell-over-satellite solution enabling MNOs to increase their subscriber base in the most remote regions through a full turnkey deployment of 2G/3G networks.
“Our rapid network deployment capabilities will enable mobile network operators to reach new subscribers faster than ever before,” said Russell Ribeiro, Gilat’s LATAM Regional Vice President. “As an industry leader, we constantly strive to provide innovative satcom solutions that give our customers a real competitive edge.”
At the event, Eli Keren, Gilat’s Director of LTE, will discuss “Next Generation Satellite Backhaul for LTE – Myths and Facts” on April 8 at 17:20.
Gilat Satellite Networks Ltd (NASDAQ, TASE: GILT) is a leading provider of products and services for satellite-based broadband communications. Gilat develops and markets a wide range of high-performance satellite ground segment equipment and VSATs, with an increasing focus on the consumer and Ka-band market. In addition, Gilat enables mobile SOTM (Satellite-on-the-Move) solutions providing low-profile antennas, next generation solid-state power amplifiers and modems. Gilat also provides managed network and satellite-based services for rural telephony and Internet access via its subsidiaries in Peru and Colombia.
With over 25 years of experience, and over a million products shipped to more than 90 countries, Gilat has provided enterprises, service providers and operators with efficient and reliable satellite-based connectivity solutions, including cellular backhaul, banking, retail, e-government and rural communication networks. Gilat also enables leading defense, public security and news organizations to implement advanced, on-the-move tactical communications on board their land, air and sea fleets using Gilat’s high-performance SOTM solutions. Gilat is a company under the control of the FIMI Private Equity Funds. For more information, please visit us at 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, 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.
Gilat Satellite Networks
KCSA Strategic Communications
Phil Carlson, Vice President
Thomas Mei, Account Executive