Fully managed, high-speed satellite solution now available
2 June 2015: Inmarsat (LSE:ISAT.L) and Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), today announced that, in selected regions, fixed VSAT operators can now access a new wholesale, fully-managed, high-speed satellite broadband service, delivered over Inmarsat’s Global Xpress (GX) Ka-band network in partnership with Gilat Satellite Networks.
Inmarsat, the leading provider of global mobile satellite communications services, and Gilat Satellite Networks Ltd., a worldwide leader in satellite network technology, solutions and services, are offering a fully-managed service designed for Internet Service Providers (ISPs), telcos, network operators and other organisations that want to utilise the power of GX. By leasing bandwidth, VSAT operators can take advantage of a low cost-per-bit data rate, coupled with low-cost, high-throughput terminals from Gilat Satellite Networks.
“This is a unique opportunity for fixed VSAT operators to deliver reliable, high-speed data to their customers,” said Rash Jhanjee, Head of GX Business Development and Strategy, Enterprise, Inmarsat. “This new joint partnership, enabled by Gilat’s SkyEdge II-c platform over Inmarsat’s GX Ka-band network, will deliver broadband Virtual Network Operator (VNO) capabilities, where market opportunity exists, through a cost-effective managed service platform. We are excited to demonstrate the strength, reliability and enterprise-class service of our network to the fixed satellite services market.”
The service is made possible through Inmarsat’s new high-speed Ka-band network, Global Xpress. The first of three satellites underpinning the GX network is already live, providing service throughout Europe, Russia, Africa, Middle East and much of Asia. The second satellite was successfully launched in February 2015, and the third satellite has safely arrived in Kazakhstan in anticipation of its forthcoming launch.
“We are delighted to partner with Inmarsat to bring this unique proposition to the fixed VSAT market,” said Ron Levin, Director of Strategic Accounts at Gilat. “By combining our unique SkyEdge II-c system with the strength of Inmarsat’s Ka-band network we can deliver a truly differentiated service for network operators to provide their customers with a low-cost, reliable fixed satellite solution. We are already seeing network operators using our platform to bring connectivity to their customers; the interest for this service in the market is promising.”
For further information
Jonathan Sinnatt
Director of Corporate Communications
Inmarsat
+44 (0)20 7728 1935
jonathan.sinnatt@inmarsat.com
Katie Potts
Corporate Communications Manager
Inmarsat
+44 (0)20 7728 1492
katie.potts@inmarsat.com
Gilat Satellite Networks
Joelle Inowlocki
JoelleI@gilat.com
KCSA Strategic Communications
Phil Carlson, Vice President
(212) 896-1233
About Inmarsat
Inmarsat plc is the leading provider of global mobile satellite communications services. Since 1979, Inmarsat has been providing reliable voice and high-speed data communications to governments, enterprises and other organizations, with a range of services that can be used on land, at sea or in the air. Inmarsat employs around 1,600 staff in more than 60 locations around the world, with a presence in the major ports and centers of commerce on every continent. Inmarsat is listed on the London Stock Exchange (LSE:ISAT.L). For more information, please visit www.inmarsat.com.
The Inmarsat press release newsfeed and corporate updates are on @InmarsatGlobal.
About Gilat
Gilat Satellite Networks Ltd (NASDAQ, 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 90 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. Gilat controlling shareholders are the FIMI Private Equity Funds. For more information, please visit us at 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.
