This Day On The Street
Continue to site
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

THAICOM Launches Fast Internet Connectivity Service, Powered By Gilat Satellite Equipment

PETAH TIKVA, Israel, Feb. 3, 2014 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq:GILT), a worldwide leader in satellite networking technology, solutions and services, and THAICOM Public Company Limited (SET BKK:THCOM), Asia's leading satellite operator, announced today the launch of the IPSTAR service to enhance broadband connectivity across the Asia-Pacific region.

This service launch represents the next stage of the cooperation agreement signed several months ago to provide customers across the Asia-Pacific region with an integrated solution comprising Gilat's SkyEdge II-c VSAT satellite ground equipment and Thaicom4's (IPSTAR) high throughput satellite (HTS).

To unveil the combined offering, Gilat and THAICOM will be conducting seminars in Jakarta, Indonesia in February, where they will demonstrate how the service greatly improves Internet connectivity in the region.

"In only a very short time, we've been able to implement this new service, which will provide our customers with faster satellite Internet connectivity than they've ever experienced before," said Ms. Suphajee Suthumpun, Chairman of the Executive Committee and CEO of THAICOM. "We look forward to replicating the success we've achieved collaborating with Gilat in previous ventures, such as the National Broadband Network (NBN) project in Australia."

The cooperation between the two companies reflects THAICOM's ongoing Open Access Platform (OAP) strategy to provide technology equipment vendor's access to Thaicom 4's HTS, enabling them to fulfill customer requirements for wider variety and increased flexibility. 

"We are pleased with the ongoing cooperation with THAICOM," said Erez Antebi, CEO of Gilat Satellite Networks. "Gilat views this partnership as a key factor for growing its Asia-Pacific business. The cooperative endeavor, combining Gilat's SkyEdge II-c platform with IPSTAR capacity, will provide our customers with an enriched broadband satellite service experience."


THAICOM Public Company Limited, a leading Asian satellite operator, was established in 1991. The Company was the first to launch a broadband satellite in the world, and is a leader in developing integrated solutions for satellite broadcast and broadband services. The Company's engineering teams provide leading-edge innovative solutions for satellite-based telecommunications services. Since its establishment the Company has launched six satellites, with three satellites in operation: Thaicom 4 (IPSTAR) is the Company's broadband satellite which provides a variety of broadband and data services, including mobile backhaul, mobility, government USO support, content delivery, business continuity and emergency services, as well as broadband internet services to 14 countries throughout Asia Pacific; Thaicom 5 is a 'hotbird' satellite positioned at 78.5 degrees East, and carries more than 600 television channels for broadcast across Asia Pacific; Thaicom 6 is collocated with Thaicom 5 at 78.5 degrees East to expand the Company's broadcast carrying capacity.  Thaicom 7, a future satellite, will be launched to the 120 degrees East orbital slot later in 2014.   

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs