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Stock impact report

Tier-1 Telco in Latin America Awards Gilat Over $3M to Provide Broadband Connectivity in Support of Bridging the Digital Divide

Gilat Satellite Networks Ltd. - Ordinary Shares (GILT) 
US:NASDAQ Investor Relations: gilat.com/investor-relations
Company Research Source: GlobeNewswire
PETAH TIKVA, Israel, April 26, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that a Tier-1 Telco in Latin America awarded Gilat over $3M to provide broadband connectivity over satellite to support bridging the digital divide. The project includes thousands of VSATs to be deployed in remote schools to further children's education in Latin America and is expected to expand further. Gilat's SkyEdge II-c network was chosen due to its vast experience and expertise in delivering high-quality broadband connectivity and in deploying tens of thousands of VSATs for Universal Service Obligation (USO) projects throughout Latin America and in the world at large. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/eca0bc43-7312-40c8-a820-e0d1d0b18a44 "This award signifies another step in Gilat's achievements i Show less Read more
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