Gilat Satellite (NASDAQ:GILTF)
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From Jun 2019 to Jun 2024
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.