Gilat (GILT) has released an update.
Gilat Satellite Networks Ltd. has announced a significant contract extension worth over $10 million with Internet Para Todos to provide Cellular Backhaul services in remote areas of Peru, aiming to enhance internet connectivity for over 1 million people. This contract builds on Gilat’s ongoing efforts and aligns with their mission to bridge the digital divide in Latin America. Gilat’s continued partnership with IPT showcases their commitment to inclusive development and high-speed internet access in challenging rural environments.
For further insights into GILT stock, check out TipRanks’ Stock Analysis page.