Gilat Satellite Networks wins $60 million order in Peru for broadband upgrade.

Gilat Satellite Networks has been awarded approximately $60 million in orders from Pronatel, Peru's national telecommunications program, to upgrade broadband infrastructure in the regions of Apurímac, Huancavelica, and Ayacucho. The project aims to bring high-speed internet to nearly 800 public institutions, including schools, health centers, and police stations across 280 localities, marking a significant step forward in closing the digital divide and empowering rural communities in Peru. Migration is expected to take place over the next 12 months, with service delivery over four years.

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) has announced that its Peruvian subsidiary, Gilat Perú, has been awarded approximately $60 million in orders from Pronatel (Programa Nacional de Telecomunicaciones), Peru's national telecommunications program. The project involves upgrading the Regional Broadband infrastructure across the regions of Apurímac, Huancavelica, and Ayacucho [1].

The modernization project aims to deliver high-speed internet of 200 Mbps to nearly 800 public institutions, including schools, health centers, and police stations across 280 localities. The migration is expected to take place over the next 12 months, with service delivery over four years [1].

This significant contract win represents a substantial investment in Peru's digital infrastructure, particularly in rural areas. It will help close the digital divide and empower rural communities by providing them with the connectivity needed to access education, healthcare, and public services [1].

The award reflects Gilat’s ongoing partnership with the Peruvian State and its commitment to digital access for all. The project underscores Gilat's expertise in implementing complex connectivity projects, as noted by Arieh Rohrstock, Corporate Senior Vice President and President of Gilat Peru [1].

The contract structure includes two distinct phases: a 12-month infrastructure deployment followed by a 4-year service delivery period. This provides Gilat with multi-year revenue visibility and stable cash flow generation [2].

The $60 million award from Peru's national telecommunications program accounts for approximately 11% of the company's trailing twelve-month revenue, based on recent financial figures [2]. This contract win reinforces Gilat's strategic focus on government-backed infrastructure projects in emerging markets, which typically offer more stable revenue streams than commercial contracts.

References:
[1] https://www.globenewswire.com/news-release/2025/07/22/3119307/11105/en/Gilat-Awarded-Approximately-60-Million-to-Provide-Digital-Inclusion-Solutions-in-Peru.html
[2] https://www.stocktitan.net/news/GILT/gilat-awarded-approximately-60-million-to-provide-digital-inclusion-xwzforzx4if5.html