Gilat To Deploy VSAT Network For Korea Telecom

VSAT NEWS

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Petah Tikva (SPX) Jun 22, 2004
Gilat Satellite Networks Ltd. announced last Monday an agreement with the Korean management and control services company, Taegwang E&C Co. Ltd, for the supply of a Skystar 360E satellite hub and remote VSAT terminals. The satellite-based VSAT network was successfully installed and will be operated by, the leading Korean telecom operator, Korea Telecom.

Taegwang E&C Co. Ltd, is a management and control services company that provides Supervisory Control and Data Acquisition (SCADA) and water management services for such Korean companies as KEPCO (Korean Electric Power Corporation), KARICO (Korea Agriculture and Rural Infrastructure Corporation), KOWACO (Korea Water Corporation) and KNR (Korea National Railroad).

The Skystar 360E hub will provide Voice over IP, cross-border data services and high-speed Internet services for national and international services both inside and outside of Korea.

Sung-Woo Lee, CEO of Taegwang E&C Co. Ltd., said, "It will be an exciting new challenge for us to develop our satellite communications business including VSAT data services and SI/NI services. Also, this satellite solution will provide synergy for our SCADA business."

Giora Reish, Gilat's Associate Vice President, Sales, Asia, said, "We are very pleased to be working with Taegwang E&C Co. and Korea Telecom and to be providing VSAT services in this most demanding of markets. We believe the deployment of this hub is a launching point for the expansion of our operations in Korea and neighboring countries where customers can benefit from VIOP, Internet and data services."

VSAT NEWS

ViaSat To Add Another $154 Million to Its Shelf Registration

Carlsbad CA (SPX) Jun 22, 2004
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