Video technology provider Teleste has posted solid sales and profit growth for the first half of 2016.
The Finnish company posted revenues of €67.5 million, up 13% on last year, and operating profit of €3.9 million, up 54.4%.
While video and broadband product sales remained “at a good level”, according to CEO Jukka Rinnevaara, the company’s performances was boosted by video security and information systems sales, and particularly by network access products.
Rinnevaara said that sales were driven by the Netherlands, the UK and Belgium.
He said that while investment by cable operators “remained positive”, a number had pushed back deliveries of access products to 2017 as Q2 progressed.
ICYMI: @Eurosport channels to launch on @dazngroup in new deal with Discovery digitaltveurope.com/2020/09/23/eur… https://t.co/L7SCoIG8CL
23 September 2020 @ 18:34:00 UTC
DTVE Symposium session on the UX to address the issues facing multinational, multi-network operators… twitter.com/i/web/status/1…
23 September 2020 @ 17:30:00 UTC
Apple services suffer temporary outage digitaltveurope.com/2020/09/23/app… https://t.co/5zCSQQOsnh
23 September 2020 @ 17:00:00 UTC
Pluto TV launches on Roku in LATAM digitaltveurope.com/2020/09/23/plu… https://t.co/NK4KLL8G6v
23 September 2020 @ 16:00:00 UTC
AMC Networks horror streamer @Shudder hits one million subs digitaltveurope.com/2020/09/23/amc… https://t.co/OZG2116H7A
23 September 2020 @ 15:30:00 UTC
