Teleste will focus on technology businesses and supporting higher added value services and will divest its services business in Germany
TELESTE CORPOTATION INSIDE INFORMATION 14.5.2020 AT 19:45 EET TELESTE WILL FOCUS ON TECHNOLOGY BUSINESSES AND SUPPORTING HIGHER ADDED VALUE SERVICES AND WILL DIVEST ITS SERVICES BUSINESS IN GERMANY Teleste has revised its strategy according to which the company will focus on technology business operations and the services of higher added value supporting them. As a result, the company has decided to divest its services business in Germany. The company will assess different options, the primary objective being to sell the services business of the Germany-based Cableway companies