Monitor Gilat's upcoming quarterly filings for revenue recognition timing and margin details on this contract.
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Executive Summary
Gilat Satellite Networks' Peruvian subsidiary signed a $28 million contract with Pronatel to upgrade broadband connectivity across Peru's Ica region, with construction expected by mid-2027 followed by a seven-year operational phase. This is the fifth such regional broadband project in Peru since 2025, but the deal value is modest relative to Gilat's revenue base and past contract wins have not translated into positive stock performance.
Key Financial Metrics
Key Facts
- Contract value: $28 million
- Counterparty: Pronatel (Peru's national telecommunications program)
- Project: upgrade broadband connectivity across the Ica region
- Construction completion expected by mid-2027, followed by a seven-year operational phase
- Fifth region in Peru to receive a broadband network upgrade since 2025
- Upgrade will deliver internet speeds 20 times faster to 116 public institutions and free Wi-Fi in 30 public squares
Financial Impact
$28 million contract over construction plus seven-year operational phase
Risk Factors
- Contract execution and construction timeline risks (mid-2027 completion)
- Geopolitical risks from Gilat's Israel-based operations
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3374416 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | Press Release | $8.05 $7.83 | ▼ −2.73% | ▼ −1.63% | $7.44 (−7.58%) |
Oct 15, 2026 11d ago | 6-K | $8.05 $7.83 | ▼ −2.73% | ▼ −1.63% | $7.44 (−7.58%) |
Oct 8, 2026 18d ago | 6-K | $9.32 $8.94 | ▼ −4.08% | ▼ −4.68% | $7.44 (−20.17%) |
Oct 7, 2026 19d ago | 6-K | $9.22 $9.32 | ▲ +1.08% | ▲ +1.51% | $7.44 (−19.31%) |
Oct 5, 2026 21d ago | Press Release | $9.40 $9.22 | ▼ −1.91% | ▼ −2.46% | $7.44 (−20.85%) |
Oct 5, 2026 21d ago | 6-K | $9.40 $9.22 | ▼ −1.91% | ▼ −2.46% | $7.44 (−20.85%) |
Aug 31, 2026 8w ago | 6-K | $9.90 $10.06 | ▲ +1.62% | ▲ +2.30% | $7.44 (−24.85%) |
Aug 31, 2026 8w ago | 6-K | $9.90 $10.06 | ▲ +1.62% | ▲ +2.30% | $7.44 (−24.85%) |
Aug 17, 2026 10w ago | 6-K | $11.24 $10.88 | ▼ −3.20% | ▼ −2.53% | $7.44 (−33.81%) |
Aug 10, 2026 11w ago | 6-K | $11.21 $11.62 | ▲ +3.66% | ▲ +3.41% | $7.44 (−33.63%) |
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