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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 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

Teleste Oyj announces guidance for FY 2015
Thursday, 30 Apr 2015 01:30am EDT 

Teleste Oyj:Estimates FY 2015 net sales and operating profit to exceed FY 2014 level.  Full Article

Teleste signs over EUR 3 mln agreement with Integan
Monday, 2 Mar 2015 06:10am EST 

Teleste Oyj:Integan decides to use Teleste as vendor for their 1.2 GHz network upgrade project.Total value of agreement is estimated to exceed 3 million euros within years 2015-2018.  Full Article

Teleste Oyj reaches framework agreement with Telenet
Monday, 2 Mar 2015 06:00am EST 

Teleste Oyj:Telenet selects Teleste for their Giga network project.Says has reached a framework agreement with Telenet on access network product deliveries for Telenet Giga network investment.Total value of agreement is estimated up to 15 million euros within years 2015-2019.  Full Article

Teleste unit Cableway signs frame agreement with Kabel Deutschland
Friday, 13 Feb 2015 05:30am EST 

Teleste Oyj:Teleste's subsidiary Cableway AG has signed a three year frame agreement with one year option with Kabel Deutschland on the upgrading and maintenance services of cable networks.Estimated value of this frame agreement is 50 million to 60 million euros per annum.  Full Article

Teleste Oyj proposes dividend of 0.20 euro per share for FY 2014
Thursday, 5 Feb 2015 01:30am EST 

Teleste Oyj:Proposes dividend of 0.20 euro per share for FY 2014.  Full Article

BRIEF-Teleste Q3 operating profit decreases to EUR 4.8 mln

* Q3 net sales 62.9 million euros ($69.61 million) versus 66.2 million euros year ago