zk1314095.htm


FORM 6 – K
 
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report on Foreign Issuer

Pursuant to Rule 13a – 16 or 15d – 16
of the Securities Exchange Act of 1934

For the Month of December 2013

Gilat Satellite Networks Ltd.
(Translation of Registrant’s Name into English)

Gilat House, Yegia Kapayim Street
Daniv Park, Kiryat Arye, Petah Tikva, Israel
(Address of Principal Corporate Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F  S   Form 40-F  £
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes £                      No S

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):   N/A

 
 

 
 
Attached hereto is Registrant’s press release dated December 19, 2013 announcing that it has been awarded a project valued at $30 million as part of the Integracion Amazonica Loreto initiative.
Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
Gilat Satellite Networks Ltd.
 
(Registrant)
   
Dated December 19, 2013
By: /s/ Alon Levy
 
Alon Levy
 
General Counsel
 
 
 

 
 
Gilat Awarded $30 Million Project by Peru’s Fitel in Support of the
 Integracion Amazonica Loreto Initiative

- Project includes deployment and operation of microwave infrastructure and wireless service
 to 70 communities along the most remote section of the Amazonas River in Peru -
 
PETAH TIKVA, Israel, 19 December 2013 – Gilat Satellite Networks Ltd. (Nasdaq:GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that it has been awarded a project valued at $30 million as part of the Integracion Amazonica Loreto initiative. The contract for the project is expected to be signed shortly.

The majority of the award is for the design, setup and implementation of the network, which is expected to be executed within the first year. The remainder is for the operation and maintenance of the network for a period of ten years.

In this project, Gilat will implement a high-capacity broadband network between Iquitos and the town of Isla Santa Rosa, to enable internet and telephony services for the inhabitants in 70 communities in the Loreto region.

“We are happy that Fitel has chosen Gilat again as the operator for this challenging project,” said Erez Antebi, CEO of Gilat Satellite Networks. “We look forward to continuing our commitment and record of successful delivery to Fitel to bring communication services to the most remote areas of the country, while contributing to social inclusion, education, development and employment in these areas.”

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 Peru and Colombia.
 
With over 25 years of experience, and over a million products shipped to more than 85 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. 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:
David Leichner                         
Gilat Satellite Networks
+1 516 478 9697
davidle@gilat.com