New SkyEdge Network to Deliver Broadband Internet Services to
Kiosks in India
PETAH TIKVA, Israel--(Business Wire)--Gilat Satellite Networks Ltd. (Nasdaq:GILT) today announced that
it has received a new order from Bharti Airtel, India's leading
telecommunications operator, to supply a broadband satellite network
which comprises more than 13,000 SkyEdge IP VSATs. The new network
will be used by Bharti Airtel to offer information and communication
services to meet the requirements of the local citizens of India's
Gujarat State.
Bharti has been a Gilat customer since 2001, and already serves
thousands of corporations, Bank ATMs and other customers across the
country through its existing networks based on Gilat's technology.
Erez Antebi, CEO of Gilat Network Systems, said, "We are proud to
have been chosen as Bharti Airtel's technology partner for this
significant project that will enable remote citizens in the state of
Gujarat to benefit from information and e-governance services. The
SkyEdge network, based on Gilat's advanced VSAT technology and
experience will enable Bharti to continue providing the highest
possible level of customer service and support to its customers
throughout the country."
SkyEdge is a satellite communications system 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.
Gilat is a leading provider of VSATs to the Indian market.
About Bharti:
Bharti Airtel Limited is India's largest integrated and the first
private telecom services provider with a footprint in all the 23
telecom circles. Bharti Airtel since its inception has been at the
forefront of technology and has steered the course of the telecom
sector in the country with its world class products and services. The
businesses at Bharti Airtel have been structured into three individual
strategic business units (SBU's) -- Mobile Services, Airtel Telemedia
Services & Enterprise Services. The mobile business provides mobile &
fixed wireless services using GSM technology across 23 telecom circles
while the Airtel Telemedia Services business offers broadband &
telephone services in 94 cities. The Enterprise services provide
end-to-end telecom solutions to corporate customers and national &
international long distance services to carriers. All these services
are provided under the Airtel brand.
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 ("GNS"), 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, 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) and SkyEdge II Product Family which includes the
SkyEdge Pro, SkyEdge IP, SkyEdge Call, SkyEdge DVB-RCS and SkyEdge
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 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.
