December 17, 2015
Gilat Satellite Networks Ltd. reported a new award by Peru’s
Fitel (Fondo de Inversion en Telecomunicaciones /
Telecommunications Investment Fund) of a regional
telecommunications infrastructure project for $108 million,
in the region of Cusco. This new project is in addition to
the projects previously awarded to Gilat by Fitel in the
regions of Huancavelica, Ayacucho and Apurimac, which are
currently underway.
"The fact that Gilat was awarded an additional regional
project by Fitel for $108 million testifies to the
confidence placed in our ability to deploy massive
telecommunications projects under challenging conditions. We
continue to expand Gilat's ability to win and execute
large-scale rural broadband connectivity projects, in
accordance with Gilat's strategy" said Dov Baharav, Chairman
and interim CEO of Gilat.
“On top of the bid, Gilat expects additional revenues to
be generated by enabling cellular carriers to acquire
network capacity to address the growing needs for voice,
data, and internet in these regions,” added Mr. Baharav.
“We have taken an additional step for the development of
Peru. Today we start covering new villages with high speed
broadband. I'm pleased because strategic alliances between
public and private sectors are strengthening with those
projects,”. added Mr. Jose Gallardo Ku , Minister of
Transport and Communications.
