Tier 1 Global Telecommunications Operator Picks Gilat For Satellite Connectivity Of Major Utility Company In Western Europe
Portfolio Pulse from Benzinga Newsdesk
A Tier 1 Global Telecommunications Operator has chosen Gilat Satellite Networks Ltd. (GILT) for satellite connectivity of a major utility company in Western Europe.
July 20, 2023 | 11:09 am
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Gilat Satellite Networks Ltd. has been selected by a Tier 1 Global Telecommunications Operator for satellite connectivity of a major utility company in Western Europe.
The news is directly related to Gilat Satellite Networks Ltd. and is positive as it indicates a new business partnership. This could potentially increase the company's revenues and profitability, which may positively impact the stock price in the short term.
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IMPORTANCE 75
RELEVANCE 100