Gilat Will Provide User Terminals Enabling Download Speeds of
Up to 20 Mbit/s
PETAH TIKVA, Israel, Aug. 1, 2011 (GLOBE NEWSWIRE) -- Gilat Satellite
Networks Ltd. (Nasdaq:GILT) today announced that it has signed an
agreement for the delivery of network equipment and Ka-band end-user
terminals for SES satellite-based Internet service ASTRA2Connect.
The use of Gilat's Ka-band platform will allow SES to deliver
significantly faster Internet and VoIP services to private households
and small businesses across Europe. Currently serving over 80,000
ASTRA2Connect end-users, SES today operates the largest satellite-based
broadband network in Europe.
The use of Ka-band end-user terminals supporting download speeds of up
to 20 Mbit/s is part of SES strategy to bring its successful
ASTRA2Connect service to the next level. Starting in the fourth quarter
of 2012, SES will further increase the performance of its ASTRA2Connect
service by using additional multiple spot beam Ka-band capacity onboard
its ASTRA 2F, 2E and 2G spacecraft to be launched between 2012 and 2014
and located at 28.2 degrees East.
As part of the agreement with SES, Gilat will provide gateway equipment
and related services to SES, as well as CPEs (Customer Premises
Equipment) to ASTRA2Connect ISP reseller nominees. The project,
including deals with SES and nominees, can reach a value of up to $70
million over the next five years.
"This is an important milestone for Gilat and a strong acknowledgement
of our Ka-band technology. The use of Ka-band technology represents a
significant shift in the satellite market. This agreement represents an
important opportunity for Gilat to be at the forefront of
next-generation satellite services, while providing consumers and
businesses across Europe with valuable improvements in their day to day
broadband services", said Amiram Levinberg, Gilat's CEO. "Gilat's
innovative technology will set a new price performance level in the
consumer and SoHo market."
About ASTRA Broadband Services S. A.
ASTRA Broadband Services is a 100% owned subsidiary of SES ASTRA
operating SES ASTRA's satellite broadband access ASTRA2Connect.
ASTRA2Connect is a bi-directional satellite broadband service,
providing households and businesses in regions without terrestrial
broadband networks a reliable and low-cost access to the broadband
internet. Apart from an access to the internet, ASTRA2Connect provides
VoIP telephony and the reception of all digital and analogue TV and
radio channels on ASTRA.
ASTRA2Connect is today available in 23 European countries and has
already more than 80,000 customers. With speeds of up to 6 Mb/s in
download and easily installable hardware components (80cm satellite
dish, iLNB and satellite modem), ASTRA2Connect has become the most
successful satellite-based residential broadband network in Europe.
Based on this success, SES ASTRA has also expanded its distribution
network to East, West and Central Africa and the Middle East.
ASTRA2Connect is also used by the maritime market for low-cost access
to the broadband internet and for SCADA applications.
SES (Euronext Paris and Luxembourg Stock Exchange: SESG) wholly owns
the market-leading satellite operators SES ASTRA and SES WORLD SKIES
and participations in Ciel in Canada and QuetzSat in Mexico, as well as
a strategic participation in satellite infrastructure start-up O3b
Networks. SES provides outstanding satellite communications solutions
via a global fleet of 45 satellites. For further information:
Gilat Satellite Networks Ltd. is a leading provider of products and
professional services for satellite-based broadband communications
networks worldwide. Gilat was founded in 1987 and has shipped over
750,000 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 22 sales and service offices worldwide. Gilat
develops and markets an expansive range of broadband satellite
solutions including high-performance VSATs under the SkyEdge(TM) and
SkyEdge II brands, low-profile antennas for satcom-on-the-move, under
the RaySat Antenna Systems and the StealthRay(TM) brands and next
generation solid-state power amplifiers for mission-critical defense
and broadcast satellite communications systems under the Wavestream
brand. Gilat's wholly-owned subsidiary, Spacenet Inc., is a leading
provider of managed services in North America to the business and
government segments. Visit Gilat at www.gilat.com.
The Gilat Satellite Networks Ltd. logo is available at
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.
CONTACT: Karen Mazor
Gilat Satellite Networks
(972) 54 228 8039