Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Gilat Wins $25M Deal to Upgrade Broadband in Peru's Cusco Region, Expanding Rural Internet Access

Author: Benzinga Newsdesk | August 26, 2025 07:09am

Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT))), a worldwide leader in satellite networking technology, solutions and services, announced today that its Peruvian subsidiary, Gilat Perú, has signed an additional $25 million agreement with Pronatel (Programa Nacional de Telecomunicaciones), Peru's national telecommunications program. This award is for the modernization of the Regional Broadband network in the Cusco region. The migration is planned over the next 12 months, with services to be delivered for a period of five years.

The upgraded network will provide high-speed internet of 200 Mbps to nearly 208 public institutions, including schools, health centers, and police stations, and 69 public free WiFi Hotspots. This digital inclusion initiative will improve access to education, healthcare, and public safety services, while laying the groundwork for future bandwidth growth in rural areas that need it most.

This new project builds on Gilat's ongoing partnership with the Peruvian State and underscores the company's commitment to bringing advanced connectivity to even the most remote and hard-to-reach regions.

Posted In: GILT

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist