Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) has received a follow-on, 6 year order for more than $10 million 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.
“We are excited to have closed this significant agreement, which will allow us to continue connecting Peruvians in rural areas in a sustainable way,” said Teresa Gomes De Almeida, General Manager of IPT. “We are very pleased to have found a partner that shares our vision of closing gaps and fostering inclusive development, ensuring that all Peruvians have access to the opportunities offered by connectivity.”
“We are deeply honored to continue our collaboration with IPT in addressing the technical and economic obstacles to bridging the digital divide and boosting connectivity in rural regions,” said Arieh Rohrstock, Corporate SVP and General Manager of Gilat Peru. “This vote of confidence in Gilat’s expertise and abilities to both improve internet speeds and extend coverage to hundreds of rural villages aligns with our vision of the right of all people to be connected.”