Teleste is an international technology group that specializes in broadband, security, and information technologies and related services. Founded in 1954, the company is a leading provider of solutions that build and run a better networked society, focusing on high-speed broadband connectivity and public safety. The company operates through two primary business units: Broadband Networks, which provides HFC (Hybrid Fiber-Coax) and DOCSIS 4.0 compliant access network products for cable operators, and Public Safety and Mobility, which offers video security and passenger information systems for public transport operators and rolling stock manufacturers.
CLASSIFICATION
Company Type:MedTech
Therapeutic Areas:-
Industry:Telecommunications
Sub-Industry:Broadband and Video Security Technology
SIZE & FINANCIALS
Employees:501-1000
Revenue:€132.5M (FY 2024)
Founded:1954
Ownership:public
Status:operating
FUNDING
Stage:Public
Investors:Tianta Oy, Mandatum Life Insurance, Ilmarinen Mutual Pension Insurance Company
STOCK
Exchange:Nasdaq Helsinki
Ticker:TLT1V
Market Cap:~€50M-€60M (variable)
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CORPORATE STRUCTURE
Subsidiaries:Teleste France, Teleste Norway, Teleste Netherlands, Teleste USA
Key Partnerships:Telia Finland (Broadband and TV service cooperation), Charter Communications (North American DOCSIS deployment), Alstom/Siemens (Rolling stock information systems)
COMPETITION
Position:Leader in European HFC access networks; Emerging Challenger in North American DOCSIS 4.0 market.
Competitors:CommScope, Harmonic Inc., Cisco Systems, Nokia, Luminator Technology Group, Technetix
LEADERSHIP
Key Executives:
Esa Harju - President and CEO
Mervi Kerkelä-Hiltunen - CFO
Ulf Andersson - EVP, Broadband Networks
Board Members:Timo Luukkainen (Chairman), Jari Pasanen, Anni Ronkainen, Vesa Korpimies
LINKS
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