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Last 2,497
Change Today +57.00 / 2.34%
Volume 8.5K
GILT On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
Tel Aviv
As of 4:03 AM 04/2/15 All times are local (Market data is delayed by at least 15 minutes).

gilat satellite networks ltd (GILT) Snapshot

Open
$2,485
Previous Close
$2,440
Day High
$2,499
Day Low
$2,483
52 Week High
04/2/15 - $2,499
52 Week Low
05/21/14 - $1,551
Market Cap
1.1B
Average Volume 10 Days
89.2K
EPS TTM
$-0.01
Shares Outstanding
42.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GILAT SATELLITE NETWORKS LTD (GILT)

gilat satellite networks ltd (GILT) Related Businessweek News

No Related Businessweek News Found

gilat satellite networks ltd (GILT) Details

Gilat Satellite Networks Ltd. and its subsidiaries provide Internet protocol (IP) based digital satellite communication and networking products and services worldwide. It designs, produces, and markets very small aperture terminals (VSATs) and related VSAT network equipment. VSATs are earth based terminals that transmit and receive broadband, Internet, voice, data, and video via satellite. The company operates through three divisions: Commercial, Defense, and Services. The Commercial division provides VSAT networks, satellite communication products, and associated professional services to service providers and operators, including broadband access and consumer high throughput satellite initiatives; and industry specific solutions for cellular backhaul, business continuity, and disaster recovery. The Defense division offers satellite communication products and solutions to defense and homeland security organizations; Satcom-on-the-move solutions to various industries, including avionics; and solid-state power amplifiers and block up converters for mission-critical satellite communications, as well as low-profile antennas. This division also offers various product solutions for a range of applications targeting defense, commercial, and broadcast satellite communications systems. The Service division provides telephony, Internet access, and data services for rural areas under projects that are subsidized by governmental entities, public institutions, and the private sector. The company was founded in 1987 and is headquartered in Petah Tikva, Israel.

Founded in 1987

gilat satellite networks ltd (GILT) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

gilat satellite networks ltd (GILT) Key Developments

Gilat Satellite Networks Ltd. and Intelsat SA Partners to Provide 2G/3G Cellular Infrastructure Solution

Gilat Satellite Networks Ltd. and Intelsat SA have partnered to provide mobile network operators, or MNOs, with a 2G/3G cellular infrastructure solution. Gilat's CellEdge small-cell-over-satellite solution, combined with Intelsat's global satellite coverage and IntelsatOne terrestrial infrastructure, means mobile network operators can now expand 2G/3G services quickly and profitably throughout their desired service territories. Gilat's CellEdge 3G network is leveraging Intelsat's global satellite fleet through its Intelsat Horizons 1 satellite and its IntelsatOne terrestrial network. Gilat's CellEdge 3G network is optimizing space segment usage through a hub located at an Intelsat teleport. Joining forces, the two companies are enabling RuralCom to quickly expand its network and extend its subscriber base at a significantly reduced capital expenditure base level.

Gilat Satellite Networks Ltd. Announces Executive Changes

Gilat Satellite Networks announced that Erez Antebi, has decided to step down from the position of CEO of Gilat Satellite Networks. Dov Baharav, Gilat's Chairman of the Board will assume the position of interim CEO until a new CEO is appointed. The transition between Mr. Baharav and Mr. Antebi will take place during the second quarter of 2015. Mr. Baharav will remain Gilat's Chairman of the Board.

Fitel Awards Gilat Satellite Networks $285 Million Regional Telecommunications Infrastructure Project

Gilat Satellite Networks reported that Fitel (Fondo de Inversion en Telecomunicaciones /Telecommunications Investment Fund) awarded a $285 million regional telecommunications infrastructure project to Gilat. Fitel's regional initiative represents the complementary phase of the Peruvian National Fiber Backbone project, aimed to connect rural villages to broadband services. Within the framework of this phase, Gilat won the bids for three regional projects - in Huancavelica, Ayacucho and Apurimac. These projects are BOT (Built, Operate and Transfer). The fiber-optic Transport networks will be built, operated for 1 year and transferred to the Ministry, while the Access networks based on wireless technologies will be operated for 10 years before being transferred to the Ministry. In the frame of the Access network operation obligations, Gilat will connect about 600 public institutions to broadband services.

 

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