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Peruvian Court Stops Gilat Deal After STM Protest.(Gilat Satellite Networks )(STM Wireless Inc. )(Brief Article)

Publication: Satellite Today

Publication Date: 29-OCT-01
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COPYRIGHT 2001 Access Intelligence, LLC.

A Peruvian court has stopped cold a proposed deal between a government agency and Gilat Satellite Networks [GILTF] for Gilat to provide a satellite- based rural telephone system in that country. The court ruling came in response to a petition by STM Wireless Inc. [STMI], an Irvine, Calif.-based VSAT.

STM said the order was issued after the...

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