Gilat Satellite Networks Ltd. (Nasdaq:GILT), today announced that it has been chosen by one of Nigeria's leading Internet Service Providers, Hyperia Ltd., to provide a SkyEdge broadband satellite hub, and initially, several hundred VSAT terminals. The VSAT network will enable Hyperia to expand its services in West Africa and to provide multiple services such as broadband IP, telephony, mesh voice, mesh IP and video conferencing.
Gilat's SkyEdge redundant hub, supporting multiple transponders on both C-band and Ku-band, will be deployed at Hyperia’s network operations center in London.
Hyperia Managing Director Sandeep Jayaswal said, “The continent’s progressive business communities, including large corporations and banking institutions, are demanding a wide range of services for corporate applications. We selected SkyEdge because of its excellent solution for multiple services and network topologies as well as its ability to support high quality voice all on a single platform. Gilat’s responsive customer service is another factor that sets it apart from others, and we believe that this is what makes it a good business partner.”
“In Africa, VSAT networks have always been viewed as a reliable, cost-effective solution with which service providers can enter the market, provide superior service, and increase their presence incrementally," said Janna Koretskaya, Gilat’s vice president, Africa. "We look forward to continuing our commercial partnership with Hyperia as it expands by serving some of the continent’s most important businesses and institutions”, she added.
Gilat’s SkyEdge is a satellite communications platform that delivers high quality voice, broadband data and video services over a powerful unified system. The platform represents Gilat’s deep knowledge base and field-proven product offering, acquired through nearly two decades of experience. SkyEdge’s flexible architecture and efficient space segment utilization make it an ideal platform for operators and service providers.
About Hyperia Ltd.
Hyperia is one of Nigeria’s leading ISPs offering a wide range of Internet services to public organizations, multi-national companies, consumers and other ISPs. Founded in 1997, Hyperia was Nigeria’s first Internet backbone set up to provide low-cost, easy access to the Internet. For more information, visit Hyperia at www.hyperia.com.
About Gilat Satellite Networks Ltd.
Gilat Satellite Networks Ltd. (Nasdaq:GILT) is a leading provider of products and services for satellite-based communications networks. The Company operates under three business units: (i) Gilat Network Systems ("GNS"), which is a provider of network systems and associated professional services, including turnkey solutions and outsourcing, to service providers and operators worldwide; (ii) Spacenet Inc., which provides managed services in North America for businesses and governments through its Connexstar service brand and for consumers through its StarBand service brand; (iii) Spacenet Rural Communications, which offers rural telephony and Internet access solutions to remote areas primarily in Latin America.
Gilat was founded in 1987 and has shipped over 650,000 Very Small Aperture Terminals (VSATs) to more than 85 countries across six continents. Gilat’s headquarters is located in Petah Tikva, Israel. The Company has 16 sales and services offices worldwide. Gilat markets the SkyEdge™ Product Family which includes the SkyEdge™ Pro, SkyEdge™ IP, SkyEdge™ Call, SkyEdge™ DVB-RCS and SkyEdge™ Gateway. In addition, the Company markets numerous other legacy products.
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.
