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Comtech asks court to declare merger partner Gilat suffered material damage from pandemic

Tuesday 14 July 2020 | 09:25 CET | News
Update: 14 July 2020 | 11:20 CET
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Comtech believes Gilat suffered a material effect, due largely, though not only, to the damage inflicted by the coronavirus pandemic on the airline industry. Gilat is "disproportionately dependent" on that industry, as compared to its peers and other companies in the sector in which it competes, Comtech said. 

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[14/07/2020 11:20- Update: adding contract win for Comtech]


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Categories: Broadcast & Satellite
Companies: Comtech Telecommunications / Gilat Satellite Networks / Gilat Telecom
Countries: World
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