Gilat's New $25 Million Agreement to Enhance Connectivity

Gilat Expands Digital Connectivity in Peru with New Agreement
Gilat Satellite Networks Ltd. (NASDAQ: GILT), renowned for its innovative satellite networking technology, has recently secured a significant agreement worth $25 million aimed at boosting digital inclusion in Peru. This venture comes through its subsidiary, Gilat Perú, in collaboration with Pronatel, the national telecommunications program.
Project Overview: Enhancing Internet Access
The agreement focuses on revitalizing the Regional Broadband network within the Cusco region. Over the upcoming year, Gilat intends to implement modernization efforts that will extend over five years. This upgrade promises to deliver remarkable improvements in internet speed, reaching up to 200 Mbps.
Benefitting Public Institutions
The initiative aims to benefit approximately 208 public entities, including educational institutions, healthcare centers, and police departments. Moreover, 69 public free WiFi hotspots will be established, significantly enhancing overall community access to the internet.
Commitment to Digital Inclusion
Such developments not only improve connectivity but also pave the way for better educational outcomes, enhanced healthcare, and improved public safety. This collaboration emphasizes Gilat's ongoing commitment to providing effective solutions for even the most remote areas of the country.
Expert Insights from Gilat Leadership
“Our extensive history in executing large-scale connectivity initiatives throughout Peru enables us to conduct this migration efficiently,” shares Arieh Rohrstock, the Corporate Senior Vice President and President of Gilat Peru. He further adds, “Together with Pronatel, we are reinforcing digital inclusion by delivering the high-speed infrastructure necessary for essential public services in Peru's most isolated communities.”
Gilat: A Leader in Satellite Communications
Gilat Satellite Networks has established itself as a leader in satellite-based broadband solutions, leveraging over 35 years of experience. The company is dedicated to developing and deploying advanced technology solutions for satellite, ground, and emerging space connectivity.
Innovative Products and Services
With a suite of offerings that includes high-performance satellite terminals and Software-Defined Satellites (SDS), Gilat addresses a range of applications in government, defense, and broadband access. The integrated approach allows for robust solutions catering to varied needs.
Community-Centric Approach
Gilat believes strongly in the right to connectivity for all individuals. By providing communication solutions, the company strives to ensure that everyone, regardless of their location, has access to essential services and information.
Details on Service Expansion
This new project not only reinforces Gilat's commitment to improving digital accessibility but also strengthens its ongoing partnership with the Peruvian government. As part of this collaboration, the modernization efforts will benefit local communities, setting a precedent for future initiatives across similar regions.
Contact Information for Further Inquiries
For more information about Gilat Satellite Networks and this particular project, interested parties can reach out to:
Gilat Satellite Networks
Hagay Katz, Chief Product and Marketing Officer
Email: hagayk@gilat.com
Frequently Asked Questions
What is the purpose of Gilat's new agreement with Pronatel?
The agreement aims to modernize the Regional Broadband network in Peru, specifically enhancing digital connectivity.
How many institutions will benefit from this project?
Approximately 208 public institutions including schools, health centers, and police stations will benefit from improved internet access.
What internet speed can be expected from the upgraded network?
The upgraded network is projected to deliver high-speed internet services of up to 200 Mbps.
How long is the service agreement with Pronatel?
The services are set to be delivered over a period of five years.
What role does Gilat play in improving digital inclusion?
Gilat is committed to enhancing connectivity in remote areas, ensuring that all communities have access to essential services and information.
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