Gilat Bags Over $10M Contract Extension From Internet Para Todos For Cellular Backhaul Services
Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that Gilat received a follow-on 6 year order for over $10M from Internet Para Todos (IPT) to deliver Cellular Backhaul services across rural areas in Peru.
IPT is a sustainable global collaborative initiative between Telefónica, Meta, IDB Invest and The Latin America Development Bank (CAF) to bridge the digital divide in Latin America under a sustainable model that would allow them to overcome the obstacles of bringing connectivity to rural and geographically complex areas.
Building on previous contracts, Gilat will enhance its 4G Cellular Backhaul services with IPT over terrestrial networks across the 700 sites in six regions that Gilat operates across Peru and 100 new sites in the Peruvian jungle. This improvement will provide access to high-speed terrestrial connectivity to over 1 million more people living in rural areas.