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Teleste Oyj (TLT1V.HE)

TLT1V.HE on Helsinki Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Teleste and Huawei to co-operate on Danish gigaspeed project
Thursday, 16 Jun 2016 03:25am EDT 

Teleste Oyj : Teleste and Huawei agree to co-operate on Danish gigaspeed project . Cooperation regards delivery of next generation of intelligent amplifiers for use in TDC Group’s cable network upgrade in Denmark to new DOCSIS 3.1 technology . Says upgrade of cable network to begin in June 2016, and is targeted to be completed by end of 2017 . Says project generates significant volumes for Teleste DOCSIS 3.1 compliant amplifiers .Parties have agreed not to disclose deal value.  Full Article

Teleste unit signs deal with Stadler Bussnang
Tuesday, 17 May 2016 03:22am EDT 

Teleste Oyj : Mitron, member of Teleste Group signs agreement with Stadler Bussnang AG for deliveries of its passenger information, display, intercommunication, CCTV and advertisement system . Agreement continues Mitron's previous cooperation with Stadler Bussnang in several rail vehicle construction projects .New deliveries will take place in 2016-2018.  Full Article

Teleste Oyj proposes dividend for FY 2015, provides outlook for FY 2016
Thursday, 4 Feb 2016 01:30am EST 

Teleste Oyj:‍Board of directors proposes that a dividend of 0.23 euro (0.20 last year) per outstanding share will be paid​.‍Estimates that net sales and operating profit for 2016 will exceed the 2015 level​.  Full Article

Teleste Oyj signs deal with Multimedia Polska
Monday, 11 Jan 2016 06:00am EST 

Teleste Oyj:Poland's Multimedia Polska selects Teleste for their next generation TV services platform.System will be developed in several phases over next three years​.Total value of deal is subject to eventual scale of system and is, accordingly, hard to estimate, but will reach at least 1 million euros.  Full Article

Teleste Oyj and city of Turku sign partnership agreement
Tuesday, 15 Dec 2015 05:59am EST 

Teleste Oyj:City of Turku and Teleste Corporation have signed partnership agreement aimed at implementing new ICT-based innovations in public sector.​Teleste will be taking part in project as a technical cooperation partner.  Full Article

Teleste Oyj selected for cable broadband upgrade by Canal Digital Cable TV
Tuesday, 29 Sep 2015 03:30am EDT 

Teleste Oyj:Canal Digital Cable TV selects Teleste for their next generation cable broadband upgrade.Total value of agreement is estimated to exceed 15 million euros within years 2015-2019.Canal Digital Cable TV is subsidiary of Telenor Norway.  Full Article

Teleste maintains FY 2015 outlook
Thursday, 6 Aug 2015 01:45am EDT 

Teleste Oyj:Sees net sales and operating profit for FY 2015 will exceed FY 2014 level.Reported FY 2014 revenue of 197.18 million euros and EBIT of 11.14 million euros.FY 2015 revenue of 233.50 million euros and EBIT of 15.50 million euros - Thomson Reuters I/B/E/S.  Full Article

Teleste to deliver broadband network to Dutch operator Delta
Wednesday, 1 Jul 2015 05:30am EDT 

Teleste Oyj:Has signed agreement with Delta for delivery of a next generation optical broadband network.Completion of this upgrade is foreseen before April 2016.Value of agreement is about 3.8 million euros.  Full Article

Teleste Oyj acquires all shares in Teleste Management II Oy
Tuesday, 12 May 2015 03:00am EDT 

Teleste Oyj:Established a company named Teleste Management II Oy in 2011, which holds a total of 542,000 Teleste shares.Teleste Corporation will acquire all shares in Teleste Management II Oy.Shareholders of Teleste Management II Oy will, in return, receive shares in Teleste Corporation and cash.Teleste Corporation has decided on a directed share issue.Teleste Corporation shares to be transferred in share issue correspond to 50 per cent of Teleste Management II Oy's net assets.  Full Article

Teleste Oyj: ASFINAG selects Teleste for its motorway network
Monday, 4 May 2015 03:00am EDT 

Teleste Oyj:ASFINAG, Austrian road administration, has selected Teleste as provider of a complete renewal and expansion of road video management system covering whole of Austria.New system will be deployed for project during 2015-2016.Contract value is worth about 2 million euros and it includes three years of maintenance.Project includes an option to extend maintenance by seven additional years.  Full Article

BRIEF-Teleste and Huawei to co-operate on Danish gigaspeed project

* Teleste and Huawei agree to co-operate on Danish gigaspeed project