Hispasat and Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT have entered into a partnership to commercialize Hispasat’s Ka-band satellite capacity over Brazil, with an estimated potential revenue of tens of millions of dollars over a period of several years.
The contract enables Hispamar, a Hispasat subsidiary, to deliver consumer broadband and enterprise services to local Internet Service Providers (ISPs). In this way quality access to the Internet may be offered to every city, town, and community in the country, even in remote areas, thus reducing the digital divide and promoting regional development.
Hispasat and Gilat are joining forces to develop the satellite broadband market in Brazil. Hispamar will use the recently launched Amazonas-5 multi-spot-beam Ka satellite capacity, as well as Amazonas-3 Ka capacity, while leveraging Gilat’s SkyEdge II-c multi-service platform, versatile VSAT equipment, Network Operation Center (NOC), and field support services.
Ignacio Sanchis, CCO at Hispasat, said that Gilat has proven the superiority of its HTS platform and the company is confident that Gilat’s leading technology and services will provide Hispamar with a competitive edge for successful service expansion throughout Brazil. With this joint effort, Hispasat will bring high quality connectivity to any point in the country and open the doors to digital world to the people living there.
Ron Levin, VP of Mobility and Global Accounts at Gilat, added that deploying the firm's globally proven multi-service SkyEdge II-c platform will benefit of the people in this region. Hispasat’s widespread Ka HTS capacity across Latin America is the perfect fit for materialization of Gilat's vision and commitment to deliver quality, plentiful and affordable broadband to unserved and underserved areas in Brazil and in the region.