Avanti Deploys HTS VSAT Networks From Gilat for Broadband Connectivity Across the UK
December 23 2015 - 6:30AM
Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), a
worldwide leader in satellite networking technology, solutions and
services, announced today that Avanti Communications Group plc
(AIM:AVN), a broadband satellite operator, is deploying Gilat VSATs
to provide the fastest available broadband Internet access to rural
households throughout the UK.
Avanti has been contracted by the ‘Broadband Delivery UK’
government initiative, which subsidizes the deployment of broadband
to meet UK national connectivity objectives.
Gilat is supplying its Gemini compact, high-performance
satellite routers, which are designed for cost-effective
residential use, as they are super-fast and easy to
self-install.
“We chose Gilat equipment because it adds a new dimension to our
portfolio. At 30Mb per second, it is the fastest product in the
market at a consumer price point,” commented Matthew O’Connor,
Chief Operating Officer of Avanti Communications.
“The Avanti deal is significant for us because it addresses two
of our growth engines at the same time: High-Throughput Satellite
and Broadband Internet in rural areas,” explained Dov Baharav,
Gilat's interim CEO and Chairman of the Board. “We are delighted to
have been chosen for this project and we are looking forward to
close cooperation with Avanti.”
About Avanti CommunicationsAvanti connects
people wherever they are - in their homes, businesses, in
government and on mobiles. Through the HYLAS satellite fleet and
more than 150 partners in 118 countries, the network provides
ubiquitous internet service to 27 per cent of the world’s
population. Avanti delivers the level of quality and flexibility
that the most demanding telecoms customers in the world seek.
Avanti is the first mover in high throughput satellite data
communications in EMEA. It has rights to orbital slots and Ka-band
spectrum that cover an end market of over 1.5bn people. The Group
has invested $1.2bn in a network that incorporates satellites,
ground stations, datacentres and a fibre ring. Avanti has a unique
Cloud based flexible customer interface that is protected by
patented technology.
The Group has three satellites in orbit and a further two
fully-funded satellites under construction. Avanti Communications
is listed in London on AIM (AVN:LSE).
About GilatGilat 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 Peru and Colombia. With over 25 years of
experience, and over a million products shipped to more than 90
countries, Gilat has provided enterprises, service providers and
operators with efficient and reliable satellite-based connectivity
solutions, including cellular backhaul, banking, retail,
e-government and rural communication networks. Gilat also enables
leading defense, public security and news organizations to
implement advanced, on-the-move tactical communications on board
their land, air and sea fleets using Gilat's high-performance SOTM
solutions. Gilat is a company under the control of the FIMI Private
Equity Funds. For more information, please visit us
at www.gilat.com
Certain statements made herein that are not
historical are forward-looking within the meaning of the Private
Securities Litigation Reform Act of 1995. The words "estimate",
"project", "intend", "expect", "believe" and similar expressions
are intended to identify forward-looking statements. These
forward-looking statements involve known and unknown risks and
uncertainties. Many factors could cause the actual results,
performance or achievements of Gilat to be materially different
from any future results, performance or achievements that may be
expressed or implied by such forward-looking statements, including,
among others, changes in general economic and business conditions,
inability to maintain market acceptance to Gilat's products,
inability to timely develop and introduce new technologies,
products and applications, rapid changes in the market for Gilat's
products, loss of market share and pressure on prices resulting
from competition, introduction of competing products by other
companies, inability to manage growth and expansion, loss of key
OEM partners, inability to attract and retain qualified personnel,
inability to protect the Company's proprietary technology and risks
associated with Gilat's international operations and its location
in Israel. For additional information regarding these and other
risks and uncertainties associated with Gilat's business, reference
is made to Gilat's reports filed from time to time with the
Securities and Exchange Commission.
Contact:
Gilat Satellite Networks
Joelle Inowlocki
JoelleI@gilat.com
KCSA Strategic Communications
Phil Carlson, Vice President
(212) 896-1233
pcarlson@kcsa.com
Thomas Mei, Account Executive
(212) 896-1208
tmei@kcsa.com
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