-ISP Will be Targeting European Households Who Lack High Quality DSL Services- -Initial Order Includes Delivery of Several Thousand Self-Install Customer Premise Equipment (CPE) Kits-
PETAH TIKVA, Israel, Sept. 6, 2012 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq:GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that it has received an order from one of Europe's largest satellite broadband ISPs in support of SES Broadband Services' (SBBS) Ka-band consumer service rollout. The initial order includes the delivery of several thousand self-install customer premise equipment (CPE) Kits.
Gilat's SkyEdge II-c award winning "Aries" VSAT provides up to 20Mbps HTTP on download and 2Mbps on upload. With Aries, European households will be able to benefit from considerably faster speeds for satellite consumer services, enabling internet, video and VOIP services. Aries was designed from the bottom up for the consumer market, with quick and intuitive self-installation features and automatic service activation."We are very excited to have received this order for our Ka-band terminals to support SBBS and look forward to a successful rollout," said Erez Antebi, CEO of Gilat. "Ka-band offers unprecedented capabilities in the satellite industry – very high data rates at attractive prices." "The potential in Europe for these services is very large, and we are proud to be part of this initiative," continued Antebi. "We are well positioned to provide the products and support necessary to enable ISPs who are looking to expand their businesses providing satellite based broadband services to consumers and small offices." About Gilat Gilat Satellite Networks Ltd (Nasdaq:GILT) (TASE:GILT) is a leading provider of products and services for satellite-based broadband communications. Gilat develops and markets a wide range of high-performance satellite ground segment equipment and VSATs, with an increasing focus on the consumer and Ka-band market. In addition, Gilat enables mobile SOTM (Satellite-on-the-Move) solutions providing low-profile antennas, next generation solid-state power amplifiers and modems. Gilat also provides managed network and satellite-based services for rural telephony and Internet access via its subsidiaries in the United States, Peru and Colombia.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV