ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

GILTF Gilat Satellite Networks Ltd. (MM)

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
Gilat Satellite Networks Ltd. (MM) NASDAQ:GILTF NASDAQ Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

DCC Upgrades to Gilat's SkyEdge Platform; Company to Release Third Quarter Earnings Report on November 14, 2005

07/11/2005 12:53pm

Business Wire


Gilat Satellite (NASDAQ:GILTF)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Gilat Satellite Charts.
Gilat Satellite Networks, Ltd. (Nasdaq:GILTF) today announced DCC Satellite Networks Ltd. of Nigeria has acquired Gilat's SkyEdge(TM) hub and VSATs. The network is already deployed and fully operational with a shared hub in Lagos and VSATs located throughout Nigeria. This system enables DCC to provide broadband services to enterprise, governmental and SME users and offer a variety of service packages tailored to specific customers, such as banks, oil companies and retail distributors. Executive Director of DCC, Mr. Phillip Obioha, said, "Gilat's SkyEdge hub and VSATs provides us with the ability to present new and enhanced services, not available in other platforms, such as mesh IP data, toll quality voice, VOIP, advanced VPN offerings with embedded acceleration and optimized GSM backhaul connectivity. Having all this in one system enabled us to offer multiple services on a single platform, thus simplifying operations." Obioha added, "We have been working with Gilat equipment since 1998 and due to the excellent track record with both their products and support, we have chosen Gilat once again." Janna Koretskaya, Gilat's Regional Vice President for Africa, said "We are proud to be chosen once again by DCC in providing our SkyEdge platform. DCC is an important Gilat partner in Nigeria and we look forward to strengthening this cooperation." Koretskaya added, "Gilat views Africa as one of the main regions containing the highest growth for VSAT systems. The SkyEdge platform is perfectly suited for the needs in this area, enabling a wide range of applications, network topologies and services." About DCC DCC, a subsidiary of The Computer Warehouse Group in Nigeria, is a service provider specializing in VSATs, Metropolitan Area Networks, Wide Area Networks, Local Area Networks and systems integration. The Company has a network control hub situated in Lagos, Nigeria. Visit DCC at: www.cwlgroup.net/company.htm or e-mail: dcc.salesmen@cwlgroup.net About Gilat Satellite Networks Ltd. Gilat Satellite Networks Ltd. (Nasdaq:GILTF) is a leading provider of products and services for satellite-based communications networks. The Company operates under two business units: (i) Gilat Network Systems ("GNS"), a provider of network systems and associated professional services to service providers and operators and (ii) Spacenet, a provider of managed services for businesses and governments through its Connexstar service brand, for consumers through its StarBand service brand and for rural communities through Spacenet Rural Communications. Gilat was founded in 1987 and has shipped over 550,000 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 14 local offices and 3 service facilities worldwide. Gilat markets the SkyEdge (TM) Product Family which includes the SkyEdge(TM) Pro, SkyEdge(TM) IP, SkyEdge(TM) Call, SkyEdge(TM) DVB-RCS and SkyEdge(TM) Gateway. In addition, the Company markets numerous other legacy products. Visit Gilat 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.

1 Year Gilat Satellite Chart

1 Year Gilat Satellite Chart

1 Month Gilat Satellite Chart

1 Month Gilat Satellite Chart