Profile: Teleste Oyj (TLT1V.HE)
TLT1V.HE on Helsinki Stock Exchange
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Teleste Oyj is a Finland-based technology company that specializes in broadband video and data communication systems and services. The Company is operational through two business units, Video and Broadband Solutions business segment focusing on product solutions for broadband access networks, video service platforms and video surveillance applications; and Network Services segment, delivering comprehensive network service solutions including new construction, rebuilding, upgrading, planning and maintenance services of cable networks. The Company also offers network services for turn-key projects and new construction. As of December 31, 2011, the Company operated 27 wholly owned subsidiaries in such countries as Germany, Belgium, Norway, the United Kingdom, Switzerland, Finland, Sweden, Poland, India, Slovenia, China, France and the United States. In April 2013, it acquired Asheridge Communications Ltd, a United Kingdom-based provider of access network equipment for cable operators.