Gilat Receives an Additional $25 Million Agreement to Advance Digital Inclusion in Peru
Gilat Satellite Networks (NASDAQ: GILT) has secured a $25 million agreement through its Peruvian subsidiary with Pronatel, Peru's national telecommunications program. The project focuses on modernizing the Regional Broadband network in the Cusco region over the next 12 months, followed by a five-year service period.
The upgraded network will deliver 200 Mbps high-speed internet to 208 public institutions including schools, health centers, and police stations, along with 69 public free WiFi Hotspots. This initiative aims to enhance digital inclusion and improve access to essential services in remote Peruvian communities.
Gilat Satellite Networks (NASDAQ: GILT) ha ottenuto un accordo da 25 milioni di dollari tramite la sua controllata peruviana con Pronatel, il programma nazionale per le telecomunicazioni del Per霉. Il progetto prevede la modernizzazione della rete regionale a banda larga nella regione di Cusco nei prossimi 12 mesi, seguita da un periodo di servizio di cinque anni.
La rete potenziata fornir脿 connessioni internet ad alta velocit脿 da 200 Mbps a 208 istituzioni pubbliche, tra cui scuole, centri sanitari e stazioni di polizia, oltre a 69 hotspot WiFi pubblici e gratuiti. Questa iniziativa mira a favorire l'inclusione digitale e migliorare l'accesso ai servizi essenziali nelle comunit脿 rurali del Per霉.
Gilat Satellite Networks (NASDAQ: GILT) ha asegurado un acuerdo de 25 millones de d贸lares a trav茅s de su filial peruana con Pronatel, el programa nacional de telecomunicaciones de Per煤. El proyecto se centra en modernizar la red regional de banda ancha en la regi贸n de Cusco durante los pr贸ximos 12 meses, seguido de un periodo de servicio de cinco a帽os.
La red mejorada ofrecer谩 internet de alta velocidad de 200 Mbps a 208 instituciones p煤blicas, incluidas escuelas, centros de salud y comisar铆as, adem谩s de 69 puntos de acceso WiFi p煤blicos y gratuitos. Esta iniciativa busca promover la inclusi贸n digital y mejorar el acceso a servicios esenciales en comunidades remotas del Per煤.
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Gilat Satellite Networks (NASDAQ: GILT) a obtenu, via sa filiale p茅ruvienne, un contrat de 25 millions de dollars avec Pronatel, le programme national des t茅l茅communications du P茅rou. Le projet vise 脿 moderniser le r茅seau r茅gional 脿 haut d茅bit dans la r茅gion de Cusco au cours des 12 prochains mois, suivi d'une p茅riode de service de cinq ans.
Le r茅seau am茅lior茅 fournira Internet haut d茅bit 脿 200 Mbps 脿 208 institutions publiques 鈥� 茅coles, centres de sant茅 et postes de police 鈥� ainsi qu'脿 69 hotspots WiFi publics et gratuits. Cette initiative a pour objectif de renforcer l'inclusion num茅rique et d'am茅liorer l'acc猫s aux services essentiels dans les communaut茅s isol茅es du P茅rou.
Gilat Satellite Networks (NASDAQ: GILT) hat 眉ber seine peruanische Tochtergesellschaft eine 25-Millionen-Dollar-Vereinbarung mit Pronatel, dem nationalen Telekommunikationsprogramm Perus, geschlossen. Das Projekt sieht die Modernisierung des regionalen Breitbandnetzes in der Region Cusco innerhalb der n盲chsten 12 Monate vor, gefolgt von einer f眉nfj盲hrigen Servicephase.
Das aufger眉stete Netz wird 200-Mbps-Highspeed-Internet 蹿眉谤 208 枚ffentliche Einrichtungen wie Schulen, Gesundheitszentren und Polizeistationen sowie 蹿眉谤 69 枚ffentliche, kostenlose WiFi-Hotspots bereitstellen. Ziel der Initiative ist es, die digitale Teilhabe zu st盲rken und den Zugang zu wichtigen Diensten in abgelegenen peruanischen Gemeinden zu verbessern.
- New $25 million contract expanding company's presence in Peru
- 5-year service period providing steady revenue stream
- Project strengthens long-term partnership with Peruvian government
- Expansion of company's digital inclusion portfolio in Latin America
- 12-month migration period may present execution challenges in remote areas
- Project concentration in single region increases geographic risk
Insights
Gilat secures $25M Peru contract, strengthening its regional footprint and growing its recurring revenue pipeline for the next five years.
Gilat's new
The technical specifications are noteworthy - the upgraded network will deliver 200 Mbps high-speed internet to 208 public institutions and 69 public WiFi hotspots in the Cusco region. This represents significant bandwidth for rural connectivity, enabling essential services across education, healthcare, and public safety sectors.
What's particularly valuable about this contract is how it leverages Gilat's existing infrastructure and operational expertise in Peru, allowing for efficient execution with potentially stronger margins than new-market entries would generate. The company's long-standing relationship with the Peruvian government creates a competitive moat against potential challengers.
For investors, this agreement reinforces Gilat's position as a trusted provider in digital inclusion projects, a growing segment as governments worldwide prioritize rural connectivity. The contract's five-year service component adds to Gilat's backlog and provides revenue visibility through 2030, a meaningful contribution for a company of Gilat's size.
Additional digital inclusion project in the Cusco region to deliver connectivity to public institutions, expanding access to essential services
PETAH TIKVA, Israel, Aug. 26, 2025 (GLOBE NEWSWIRE) -- 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 Per煤, has signed an additional
The upgraded network will provide high-speed internet of 200 Mbps to nearly 208 public institutions, including schools, health centers, and police stations, and 69 public free WiFi Hotspots. This digital inclusion initiative will improve access to education, healthcare, and public safety services, while laying the groundwork for future bandwidth growth in rural areas that need it most.
This new project builds on Gilat鈥檚 ongoing partnership with the Peruvian State and underscores the company鈥檚 commitment to bringing advanced connectivity to even the most remote and hard-to-reach regions.
鈥淥ur decades of experience delivering large-scale connectivity initiatives across Peru positions us to complete this migration quickly and effectively,鈥� said Arieh Rohrstock, Corporate Senior Vice President and President, Gilat Peru. 鈥淚n partnership with Pronatel, we are expanding digital inclusion by bringing the high-speed infrastructure required to strengthen critical public services in Peru鈥檚 most remote communities.鈥�
About Gilat
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.
Together with our wholly owned subsidiaries鈥擥ilat Wavestream, Gilat DataPath, and Gilat Stellar Blu鈥攚e offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a cloud-based platform and modems; high-performance satellite terminals; advanced Satellite On-the-Move (SOTM) antennas and ESAs; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.
Gilat鈥檚 products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.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 鈥渆stimate鈥�, 鈥減roject鈥�, 鈥渋ntend鈥�, 鈥渆xpect鈥�, 鈥渂elieve鈥� 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鈥檚 products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat鈥檚 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鈥檚 proprietary technology and risks associated with Gilat鈥檚 international operations and its location in Israel, including those related to the hostilities between Israel and Hamas. For additional information regarding these and other risks and uncertainties associated with Gilat鈥檚 business, reference is made to Gilat鈥檚 reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.
Contact:
Gilat Satellite Networks
Hagay Katz, Chief Product and Marketing Officer
Alliance Advisors:
Phone: +1 212 838 3777
FAQ
What is the value of Gilat's new contract in Peru for 2025?
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