This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

NordNet Deploys Gilat's SkyEdge II-c VSATs For High-End Broadband-Over-Satellite Service In France

Stocks in this article: GILT

PETAH TIKVA, Israel and HEM, France, April 30, 2013 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq:GILT) (TASE:GILT), a worldwide leader in satellite networking technology, solutions and services, and France-based NordNet, a subsidiary of France Telecom and one of Europe's largest satellite broadband ISPs, announced today the commercial deployment of Gilat's Ka-band VSATs in support of SES Broadband Services' (SBBS) Ka-band consumer service rollout.

"We are very excited with the service take-up so far which allows us to provide our customers with a true alternative to low-end DSL," said Francis Piet, CEO of NordNet. "We are proud to have made the promise of affordable, high-end broadband services a reality for many French households and Gilat is helping us to get there."

Gilat's award winning SkyEdge II-c "Aries" VSAT provides up to 20Mbps HTTP on download and 2Mbps on upload, offering one of the fastest broadband-over-satellite services currently available in France. With Aries, French households who lack high-quality DSL services will be able to benefit from considerably faster Internet speeds, allowing them to take full advantage of all triple-play services.

"We are very happy to be working with NordNet as they roll out the SBBS service in France. The Aries VSAT was designed from the bottom up to support the stringent requirements of residential broadband – offering reliable high-speed data rates with quick and intuitive self-installation features and automatic service activation," said Erez Antebi, CEO at Gilat. "The strong initial demand for the service is a testament to the growing place of broadband-over-satellite as a viable communication resource for households."

About NordNet

Since 1995, NordNet provides a wide range of Internet solutions for private and professional use. The company, a subsidiary of France Telecom, has gradually developed its expertise in the field of Internet and integrated solutions. For more information .

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.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs