Gilat Awarded Cellular Backhaul Project for Kcell, Kazakhstan's Largest Mobile Network Operator
PETAH TIKVA, Israel, July 29, 2020 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announces the award of a cellular backhaul project for Kcell, Kazakhstan's largest Mobile Network Operator (MNO). Gilat will provide connectivity starting with hundreds of rural villages, in partnership with Kazakhstan's recognized service provider, TelService LTD, to satisfy the “Digital Kazakhstan” government program.
"We are pleased to be utilizing Gilat's globally recognized cellular backhaul solution over satellite, to provide rural coverage to the villages which require voice and data services," said Chief Technical Officer, Mr. Askar Yesserkegenov at Kcell. "We are honored to be part of the 'Digital Kazakhstan' government program and support the goal of accelerating the economic growth and enhancing the living conditions of the rural population."
"TelService LTD chose to provide the expansion of Kcell's coverage program with Gilat's platform for cellular backhaul, due to the high quality, performance and spectral- efficiency of Gilat's solution," said General Director, Mr. Vyacheslav Peretyatko at TelService LTD. "We are pleased to expand our relationship with Gilat and are excited to leverage Gilat's future-ready platform for increased business in the region."
"Gilat is most pleased with its partner, TelService LTD, its competent engineers and its ability to quickly roll-out the project, overcoming tough restrictions imposed by the COVID-19 pandemic," said Barak Lerer, Regional Vice President EMEA at Gilat. "We are honored to include Kcell among the leading global MNOs who are using Gilat's solution to provide high-quality connectivity to people in the most remote areas of the world."
About TelService LTD
Gilat’s comprehensive solutions support multiple applications with a full portfolio of products to address key applications, including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense, and public safety, all while meeting the most stringent service level requirements. Gilat controlling shareholders are the FIMI Private Equity Funds. For more information, please visit: 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. In addition, there is uncertainty about the spread of the COVID19 virus and the impact it will have on the Company’s operations, the demand for Company’s products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company’s Securities and Exchange Commission filings. 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.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5ce4e72a-2f77-4732-b850-1277f2ba5a2c
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