Spacenet, a wholly owned subsidiary of Gilat Satellite
Networks and a provider of managed network services, announced that it was
selected to continue its provision of VSAT network services to a major retailer
with thousands of locations in the U.S.
This 5 year extension to 2018, with the 2 years remaining
on previously scheduled services, brings the contract value to $27 million.
With potential store expansions, the contract value could grow to $35 million.
Under the terms of the contract, Spacenet will continue
supporting the retailer’s stores with diverse network connectivity for a
variety of data applications utilizing business continuity and multicast
Spacenet will also support the retailer’s
requirements for rapid site expansion as they add new retail locations in the
U.S. Spacenet’s vendor and technology agnostic approach provides customers with
an optimum connectivity option for each site. This results in better coverage,
performance and security, while reducing network costs.
Spacenet’s reliable and cost-effective Managed Network
solutions are able to manage a variety of traffic types supporting retail
applications including PCI compliance, business continuity, on-site management
support, internet/intranet access, POS, video security, inventory management,
employee training and payroll systems, among many others.
This award is genuine validation of the benefits
Spacenet delivers to the retail industry,” said Glenn Katz, president and COO,
Spacenet has invested in technology, services and people
to accomplish our goal of delivering superior value and performance and helping
our customers expand their business, reduce costs, improve security and meet
their network objectives. We’re delivering real improvements to the way our
customers operate and serve their clients, and the industry is taking notice,”
By Telecomlead.com Team