Gilat Satellite Networks Reveals Award Of More Than $3M For A Public WiFi Solution In Latin America
Portfolio Pulse from Benzinga Newsdesk
Gilat Satellite Networks has announced receiving a follow-on order worth over $3M for a public WiFi solution in Latin America, aimed at extending the number of sites in a program focused on social inclusion and bridging the digital divide.
April 04, 2024 | 11:06 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Gilat Satellite Networks receives a follow-on order exceeding $3M for a public WiFi project in Latin America, emphasizing social inclusion and digital divide efforts.
The announcement of a significant follow-on order for Gilat Satellite Networks indicates a positive development for the company, likely leading to increased revenues and reinforcing its position in the Latin American market. This news is expected to have a positive short-term impact on GILT's stock price, as it highlights the company's ongoing success and potential for growth in projects aimed at social inclusion and bridging the digital divide.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100