×

Gilat Presents Compelling Business Case for MNOs to Deploy Satellite Backhaul for Their LTE Networks

PETAH TIKVA, Israel, May 27, 2015 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq:GILT) (TASE:GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that it intends to present its LTE satellite backhaul solution at CommunicAsia 2015, June 2-5, at the Marina Bay Sands convention center in Singapore – Level 3, Hospitality Suite Heliconia 3510.

"When we say 'true' LTE-speed satellite solutions, we mean it," said Stephane Palomba, Gilat Regional Vice President, Asia. "Our Capricorn VSAT has been extensively tested by leading satellite operators. MNOs can now deploy the world's fastest TDMA VSAT in a matter of weeks, for full LTE satellite backhaul services for their customers."

In the hospitality suite, Gilat will also present its:

  • 200Mbps Capricorn TDMA VSAT terminal, supporting the maximum speed of handheld devices
  • CellEdge, a cost-effective, integrated small cell solution for rural connectivity
  • Enterprise and consumer broadband solutions
  • Mobility solutions for air, land, and sea

At the event, Gilat executives will participate in two key discussions.

Hagay Katz, AVP, Head of VSATs Line of Business, will present a case study entitled, "Creating Differentiated Business Offerings through HTS", on June 3 at 13:40.

Stephane Palomba, Regional Vice President Asia, will take part in a panel discussion entitled, "Current State of HTS in Asia - Is it Bridging a Gap, and What are the Issues?", also on June 3, at 14:10.

About Gilat

Gilat Satellite Networks Ltd (Nasdaq:GILT) (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 controlling shareholders are 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.

CONTACT: Gilat Satellite Networks Joelle Inowlocki JoelleI@gilat.com KCSA Strategic Communications Phil Carlson, Vice President (212) 896-1233 pcarlson@kcsa.com

Source:Gilat Satellite Networks Ltd.