InvestorsHub Logo
Followers 143
Posts 9373
Boards Moderated 1
Alias Born 06/13/2011

Re: None

Thursday, 03/13/2014 1:22:53 PM

Thursday, March 13, 2014 1:22:53 PM

Post# of 4834
Compensated Awareness Post View Disclaimer
Gilat Satellite Networks Ltd. (GILT) Partners with Inmarsat to Capitalize on New Fixed Land VSAT Opportunities for Global Xpress® Services

Gilat Satellite Networks, a prominent player in satellite networking technology, solutions, and services across the globe, announced today that it has entered into a partnership with Inmarsat (LSE:ISAT.L) to capitalize on additional market opportunities for the forthcoming Global Xpress service in the fixed, land-based VSAT sector. Inmarsat is the leading supplier of global mobile satellite communications services.

Gilat’s technical offering is ideally suited to drive adoption of Global Xpress amongst end-users in need of fixed VSAT broadband connectivity. The agreement stipulates that Gilat will supply an entire portfolio of fixed GX land terminals and associated network management resources to VARs. This will allow VARs to tackle the additional identified opportunities.

All 3 of the GX in Inmarsat’s fleet (the Inmarsat-5 constellation) are on track to provide global coverage before the end of 2014. The revolutionary Ka-band network will deliver globally available, high-speed broadband data services, the likes of which the industry has never seen.

“Gilat’s leadership in Ka-band satellite technology, coupled with their outstanding brand-presence in the enterprise land market, makes them an important partner in addressing these additional opportunities,” said Rupert Pearce, CEO, Inmarsat. “Gilat’s unique solution was customised especially for these new service opportunities and draws on their broad experience in fulfilling the unique requirements of land enterprise customers.”

“We are proud to be part of this important alliance, and regard the Global Xpress initiative as a strong advocator of Gilat’s strategic investment in Ka-band, the next generation in satellite communications,” said Erez Antebi, Gilat’s CEO. “This project allowed us to bring together two of Gilat’s centers of excellence — our advancements and innovation in Ka-band VSAT technology, and our dedicated service and product quality for the enterprise market.”

For further information, please visit www.inmarsat.com


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.