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Stock impact report

Globe Awards Gilat a Three-year Multi-million US Dollar Contract for Delivering Satellite Based WiFi in Addition to Cellular Backhaul Services

Gilat Satellite Networks Ltd. - Ordinary Shares (GILT) 
US:NASDAQ Investor Relations: gilat.com/investor-relations
Company Research Source: PR Newswire
PETAH TIKVA, Israel, July 9, 2019 /PRNewswire/ -- Gilat Satellite Networks Ltd. (NASDAQ: GILT) (TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that Globe Telecom, Inc. (PSE: GLO) the leading telecom company in the Philippines, has chosen Gilat for a three-year multi-million US dollar contract, to enable WIFI service over satellite to schools and hospitals, in addition to cellular backhaul throughout the Philippines.The WIFI Broadband multi-million US dollar award comes two years after Globe chose Gilat to deliver cellular backhaul over satellite in a five-year multi-million US dollar managed service project for 2G/3G/4G connectivity and for emergency response. https://www.gilat.com/pressreleases/globe-awards-gilat-five-year-multi-million-dollar-contract-for-managed-service-satellite-backhaul-for-cellular-services/"Globe chose Gilat's multi-service platform and managed service for expanding its offering into additional cr Show less Read more
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