Gilat Satellite's (GILT) Satellite-Based Cellular Backhaul Solution Selected for Use by Sprint (S)

October 26, 2016 6:35 AM EDT

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

Gilat Satellite Networks Ltd. (Nasdaq: GILT) announced today that Sprint (NYSE: S) has selected Gilat’s satellite-based cellular backhaul solution to extend LTE services to metro edge and rural areas in the US.

Sprint expects to deploy Gilat's high-speed Capricorn VSATs as a cellular backhaul solution for rapid deployment of high-quality, reliable, true LTE-over-satellite in underserved areas, and as a solution for special events and Mobile Emergency Response efforts across the United States.

“It is an honor to have been selected by Sprint for their satellite-based LTE network, given the demanding US market reliability and resilience requirements,” added Michal Aharonov, VP Global Accounts & Telecom Services at Gilat. “This achievement further validates Gilat’s proven technological leadership, enabling tier-1 MNOs to provide unprecedented speeds with a lower TCO. Gilat’s superior technology, coupled with affordable HTS space-segment, is creating new broadband opportunities in the US and worldwide.”



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Corporate News, Hot Corp. News

Add Your Comment