Gilat wins Mexico TV deal

The company will supply its Sky Edge II VSAT satellite network to Grupo Televisa, Mexico's largest commercial television broadcaster.

Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) will supply its Sky Edge II VSAT satellite network to Grupo Televisa SAB, Mexico's largest commercial television broadcaster to provide remote access and local content distribution nationwide. Gilat did not disclose the size of the deal.

Gilat's network will enable the transmission of multicast content, such as ads and public messages, to remote stations, which is then inserted to the regional broadcast. This will enable Televisa to quickly update content and taking advantage of the internet protocol (IP) broadcasting features the network offers. The solution will also allow Televisa to improve the control and monitoring of its remote stations, including fault and troubleshooting of its content provisioning systems, such as enabling real-time feedback of quality control.

Gilat Regional VP Latin America Russell Ribeiro, said, "Televisa is one of the world's largest TV broadcasters and a growing force in the region's telecommunications sector... With our SkyEdge II advanced routing features, the system was integrated with Televisa's broadcast infrastructure, providing robust and reliable communications. The system's scalability and reliability will allow us to best support the Group today and well into the future."

Gilat's share price fell 1.7% by mid-afternoon on the TASE today to NIS 15.29, after falling 1.7% on Nasdaq yesterday to $4.08, giving a market cap of $166 million.

Published by Globes [online], Israel business news - - on April 5, 2012

© Copyright of Globes Publisher Itonut (1983) Ltd. 2012

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