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home / news releases / CBH - Gilat bags a multi-million dollar order from Hispasat


CBH - Gilat bags a multi-million dollar order from Hispasat

Gilat Satellite Networks (GILT) has won a multi-million dollar order from Hispasat to expand the existing SkyEdge II-c platform that Hispasat operates in Mexico and procure Capricorn VSATs for cellular backhaul (CBH) over satellite.Hispasat will use Gilat technology to extend the service of Altan La Red Compartida, the shared telecommunications network in Mexico, to over three million underserved rural population, benefitting from 4.5G LTE coverage enjoying high-quality mobile broadband voice and data services. "We are honored to be chosen by Hispasat to provide our LTE CBH over satellite technology to the Altan La Red Compartida extension project, for high-quality service to hundreds of sites in rural areas in Mexico," said Tobias Dezordi, Regional Vice President Latin America at Gilat. "Hispasat and Gilat have a joint goal of assisting in bridging the digital divide to better the lives of people in Mexico as well as in other regions in Latin America."

For further details see:

Gilat bags a multi-million dollar order from Hispasat
Stock Information

Company Name: AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest
Stock Symbol: CBH
Market: NYSE
Website: us.allianzgi.com/Products/pages/743.aspx?ShareClassCode=ARTIFICIAL

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