Teleste looks to North America for growth after tough quarter

Broadband and video technology outfit Teleste’s results for the three months to December describe a difficult quarter for the company, with net sales declining by a third to €30.7 million, with an adjusted operating loss of €1.4 million taking the place of a positive €0.5 million for the prior year period. CEO Esa Harju said […]

Teleste announces potential layoffs as it moves to cut costs

Broadband network technology company Teleste has said it has entered negotiations that could lead to the layoff of up to 35 of its employees as a result of the impact of unfavourable market conditions. The company said that it had commenced ‘change negotiations’ in line with Finland’s Act on Co-operation, that could lead to permanent […]

Chopin taps Teleste for Distributed Access

Polish cable operator Chopin Telewizja Kablowa is tapping technology provider Teleste will deliver its Distributed Access (DA) technology. Chopin, a cable TV operator providing telecommunications services in Pomeranian voivodeship, Poland, will use Teleste’s technology to upgrade its cable network infrastructure and provide faster broadband connections. The objective is supported by Teleste’s DAN3 Remote PHY node. Distributed […]

Teleste names ex-Charter exec to North American advisory board

Teleste has appointed Joe Godas, former Charter Communications SVP of network engineering and technology to its advisory board for the North American cable broadband market, which aims to support Teleste in expanding market opportunities for cable access networks. Teleste said that the nomination reflects its commitment to strengthening its foothold and strategy as an access infrastructure leader in North […]

Teleste sells Broadband Networks unit in Switzerland

Broadband technology provider Teleste has sold its Broadband Networks’ planning and services unit in Switzerland to the local management and a private investor. The services business in Switzerland has been operated by Teleste Network Services SA, a subsidiary of Teleste Corporation. In 2022, Teleste Network Services SA reported net sales of CHF 5.4 million and […]

Teleste names group strategy chief

Broadband technology provider Teleste has appointed Linda Kallas as SVP, group strategy. Kallas, who joined the company’s management group in this new role on June 1, will be tasked with strengthening and developing the company’s long-term strategy work and communicating Teleste’s objectives even more clearly to stakeholders. Teleste’s business lines span customer bases including leading […]

Teleste: cable upgrade paths diverging in North America and Europe

As cable MSOs look to upgrade their networks to deliver 10G services on both sides of the Atlantic, the technologies deployed in practice are continuing to diverge, according to cable access technology specialist Teleste. Speaking to press at ANGA COM in Germany, Hanno Narjus, SVP at Teleste Broadband Networks, said that there have been significant […]

Telia taps Teleste for DAA upgrade

Nordic telco Telia has tapped Teleste to implement a Distributed Access Architecture (DAA) to expand coverage of its ultra-high-speed broadband services. Telia is targeting providing increasingly higher broadband speeds and greater data transfer capacity to consumers, which is supported by Teleste’s technology. Rollouts of the DOCSIS 3.1 Distributed Access-based broadband are currently under way in […]

Stadtwerke Schwedt taps Teleste for distributed access architecture

German city operator Stadtwerke Schwedt has tapped technology outfit Teleste to help deliver the deployment of a Distributed Access-based broadband network. Stadtwerke Schwedt, which operates the network in Schwedt in Brandenburg in north-eastern Germany, expanded its traditional access network by adopting Teleste’s Distributed Access technology, enabling the provision of high-capacity bandwidth to its subscribers across […]

Delay in DAA products rollouts hits Teleste, with an increase in net sales

Delay in distribute access architecture products (DAA) rollouts hits broadband and video technology outfit Teleste, due to an increasing significant demand shifting to second generation of products, according to the company. In the full-year 2022, the company revealed it faced an operating loss of EUR 4.8 million, joined by an impairment of EUR 5.4 million in […]

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