Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) has been awarded a $20 million cellular backhaul managed service three-year contract renewal and expansion from a Tier-1 MNO in the United States.
With this award, Gilat becomes the MNO’s sole vendor to provide the end-to-end services for LTE backhauling and disaster-recovery, while replacing existing satellite technologies.
This significant contract expansion was awarded to Gilat due to its proven managed service expertise and unmatched LTE over satellite technology. Gilat has also demonstrated unparalleled capabilities in all three dimensions: technology, delivery and operation.
Gilat’s technology ensures the required user experience and enables a smooth transition to 5G, while the delivery and day-to-day operational needs were met consistently and professionally.
“We are delighted to have been selected by the US Tier-1 MNO for this major three-year managed service contract renewal and expansion, which is a testament to Gilat’s strong service capabilities in this area,” said Michal Aharonov, VP Global Broadband Networks at Gilat. “I am pleased that Gilat’s managed service strategy is materializing globally, securing important contracts with major customers around the world.”