The company's latest contract is reportedly worth $1.5-2 million.
Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) is expanding its presence in Kazakhstan. The company will supply long-time customer JSC Kazakhtelecom (KT) with several hundred additional SkyEdge very small aperture terminals (VSATs) for KT's existing broadband satellite network. With completion of this latest deployment, KT will operate four Gilat satellite hubs and more than 1,600 Gilat VSATs. Gilat did not disclose the value of the deal, although market sources estimate it to be worth $1.5-2 million.
In addition to providing network connectivity for businesses and consumers, KT will provide telephony and broadband Internet services to remote communities in Kazakhstan as part of a universal service obligation (USO). The SkyEdge Pro is ideally suited for USO requirements, with toll-quality telephony, low-power options and very high MTBF. When integrated with mesh capabilities, the SkyEdge Pro VSAT improves voice quality for VSAT-to-VSAT calls while reducing the space-segment expenses.
Gilat general manager for Central Asia and the Caucasus Gulnara Irgaliyeva said, "This latest deployment is indicative of the strong business relationship that we have enjoyed with KT since 1998 and we are grateful for the opportunity to support KT's growing needs. Our multi-service VSAT technology has continually provided high-speed Internet and telephony services to citizens amid Kazakhstan's harsh terrain and severe weather conditions. We look forward to continuing our market leadership in Kazakhstan and are proud to work with KT to improve the quality of life for citizens in the most remote regions of the country."
Published by Globes [online], Israel business news - www.globes.co.il - on August 7, 2007
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