LUXEMBOURG and PETAH TIKVA, Israel, May 30, 2016 (GLOBE NEWSWIRE) -- SES (Euronext Paris and Luxembourg Stock Exchange:SESG) and Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), a worldwide leader in satellite networking technology, solutions and services announced today that they are partnering to launch the SES Enterprise+ Hybrid Broadband in Asia powered by SkyEdge II-c Libra.
The hybrid broadband innovative solution comprising SES-9’s capacity and Gilat’s SkyEdge II-c Libra hybrid terminal will enable customers to deliver cost effective broadband internet connectivity to underserved areas and improve download speeds.
Customers will be able to integrate SES’s satellite network for download traffic with their existing terrestrial network for upload traffic. The service is provided through Gilat’s hybrid terminal which uses the existing network for the return channel and allows the download via SES’s satellite.
The solution will offer download speeds of up to 20 Mbps and is ideal for mobile network operators who want to offload their congested traffic networks and offer higher data rates, as well as for DTH providers who want to venture into the triple play of Internet, television and telephony.
“We believe the satellite-cellular-terrestrial hybrid approach represents a huge opportunity in Asia,” said Ferdinand Kayser, Chief Commercial Officer at SES. “DTH providers will be able to use their existing satellite infrastructure and distribution channels to offer triple-play services to improve customer loyalty and reduce churn. In addition, MNOs can offer the hybrid broadband service leveraging their cellular networks and boost them with more capacity, thus significantly improving broadband penetration to underserved areas.”
“We are excited to be partnering with SES again on our novel satellite-cellular hybrid initiative,” added Ron Levin, Director of Strategic Accounts at Gilat. “The endorsement of one of the world’s largest satellite operators is testament to our innovative technology.”
Gilat and SES will be launching the hybrid initiative in Asia at CommunicAsia 2016, May 31-June 3, 2016 at Marina Bay Sands in Singapore. See SES at #1R2-01, Hall C, Level 1 or Gilat at Hospitality Suite Heleconia 3510.
SES (Euronext Paris and Luxembourg Stock Exchange: SESG) is a world-leading satellite operator with a fleet of more than 50 geostationary satellites. The company provides satellite communications services to broadcasters, content and Internet service providers, mobile and fixed network operators and business and governmental organizations worldwide.
SES stands for long-lasting business relationships, high-quality service and excellence in the satellite industry. The culturally diverse regional teams of SES are located around the globe and work closely with customers to meet their specific satellite bandwidth and service requirements.
SES holds a participation in O3b Networks, a next generation satellite network combining the reach of satellite with the speed of fiber.
Further information available at: www.ses.com.
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. We undertake no obligation to update or revise any forward-looking statements for any reason. 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
June Filingeri, President
Tel. +352 710 725 500
Source:Gilat Satellite Networks Ltd.