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News Breaks | | | | February 7, 2013 | | 07:19 EDT |  | GILT | Gilat's VSATs selected for India's Ministry of Finance ATM initiative
Gilat Satellite announced it has been selected by Nelco, a division of the TATA Group, and Bharti Airtel, to provide secured satellite-based communications as the primary mode of connectivity for up to 30,000 ATM sites across India. The contract is part of India's Ministry of Finance ATM initiative aimed at making financial services accessible to a greater audience across India, regardless of income, with the deployment of thousands of new ATM sites nationwide. Under the agreement, Gilat will provide the VSATs to the selected service providers who will deploy the first 15,000 SkyEdge satellite broadband terminals in 2013, with expected growth of up to 30,000 sites by middle of 2014. | |
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