Telebras, Brazil Awards Gilat Contract of Over US$ 11 Million
Petah Tikva, Israel, July 26, 2017 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that it received orders of USD 11.4 Million, net of local taxes, to provide state-of-the-art communication solutions and technologies for the satellite-based broadband network, to serve the Brazilian Geostationary Satellite of Defense and Strategic Communications – SGDC.
The SGDC will cover all of Brazil’s territory and will enable Telebras to fulfill the Brazilian Governmental National Broadband Plan public policy. The Brazilian satellite – SGDC is planned to provide fast and affordable broadband communication to commercial and government entities.
“Gilat is the satellite communication pioneer in Brazil and this turnkey project with Telebras is testament to our commitment to this market and to Gilat’s strategic direction in support of broadband satellite communication delivery to all,” said Russell Ribeiro, Gilat LATAM’s Regional Vice President. “We are looking forward to continued collaboration with Telebras in providing broadband connectivity across Brazil.”
For more information on Gilat go to www.gilat.com
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