Gilat Satellite Networks' Peruvian Subsidiary Secures ~$60M In Orders From Pronatel, Peru's National Telecommunications Program

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Gilat Satellite Networks Ltd.

GILT

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-2.98%

Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT))), a worldwide leader in satellite networking technology, solutions and services, announced today that its Peruvian subsidiary, Gilat Perú, has been awarded approximately $60 million in orders from Pronatel (Programa Nacional de Telecomunicaciones), Peru's national telecommunications program. The orders are for upgrading the Regional Broadband infrastructure across the regions of Apurímac, Huancavelica and Ayacucho. Migration is expected to take place over the next 12 months and the service will be delivered over 4 years.

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