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Technology Stocks : KSAT - KSAT Satellite Networks Inc.
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To: john who wrote (7)11/17/2000 6:28:34 AM
From: StocksDATsoar  Read Replies (1) of 73
 
GILTF = KSA.V = THIS??? IF IT DOES, THEN LOOK OUT FOR KSA.V

BEIJING (Dow Jones)--Shanghai will spend millions of dollars to improve its
Internet services using satellite communication technology from Israel's Gilat
Satellite Networks (GILTF), state media reported Monday.
Shanghai has also decided to set up a Very Small Aperture Terminal, or VSAT,
application and research center with Gilat Satellite Networks, the official
Xinhua News Agency reported.
Accessing Internet services using VSAT technology will eventually increase
connection speeds by 100 times, compared with using computers equipped with
special reception and transmission cards, the report said.
China's Internet service is extremely slow as millions of users attempt to
log on to already overcrowded telecommunications networks. In addition, while
the government rolls out Internet infrastructure in China's major cities, much
of the country is still waiting to be connected to standard fixed-line
telephone services.
Gilat's expanded role in developing Shanghai's Internet infrastructure
follows an agreement this year with China's Xinjiang province to purchase
1,050 units of the company's DialAway VSAT satellite communications equipment
to be used in public call offices operated by Xinjiang Post &
Telecommunications Administration. Xinjiang is an autonomous region in the far
northwest of the country.
-By Owen Brown; Dow Jones Newswires; 8610 6588-5848; owen.brown@dowjones.com

(END) DOW JONES NEWS 10-29-00
11:05 PM

NOT A BUY RECO ON GILTF OR KSA.V
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