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  • Hannele Ahlroos

    Executive Assistant to the CEO


    Teleste Corporation, Media relations Postal address: P.O.Box 323, FI-20101 Turku, Finland Visiting address: Telestenkatu 1, FI-20660 Littoinen, Finland
    +358 2 2605 611
    https://www.teleste.com/

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    Teleste Enters into Frame Agreement with Siemens Mobility to Supply On-board Systems and Solutions

    Turku, Finland – 7 November 2024 – Teleste has signed a frame agreement with Siemens Mobility GmbH, one of the world’s leading rolling stock manufacturers. Under the agreement, Teleste will deliver cutting-edge on-board systems and solutions to enhance the operational efficiency and delivery of passenger information on Siemens Mobility’s trains. The collaboration encompasses both software and hardware for on-board passenger information and CCTV systems, ensuring a seamless travel experience for passengers onboard. Further contributing to the sustainable future of rail transport worldwide,

    Teleste Corporation interim report 1 January to 30 September 2024

    Teleste CorporationStock exchange releaseNovember 6, 2024 at 8.30 a.m. EET TELESTE CORPORATION INTERIM REPORT 1 JANUARY TO 30 SEPTEMBER 2024TELESTE CORPORATION: OPERATING PROFIT INCREASED DESPITE REVENUE DECLINE. DELIVERIES IN NORTH AMERICA ON THE RISE, LOW DEMAND IN EUROPE. CASH FLOW AT A GOOD LEVEL. Unless otherwise specified, the figures in brackets refer to the year-on-year comparison period. July–September 2024 in brief · Net sales decreased by 15.1%, amounting to EUR 29.9 (35.2) million · Adjusted EBITDA increased by 41.2%, amounting to EUR 2.7 (1.9) million ·

    Teleste: Interim report Q3 2024 will be published on 6 November, 2024 – Invitation to investor briefing

    Teleste CorporationPress releaseOctober 30, 2024, at 8:30 a.m. EET TELESTE: INTERIM REPORT Q3 2024 WILL BE PUBLISHED ON 6 NOVEMBER - INVITATION TO INVESTOR BRIEFINGTeleste will publish its interim report 1 January – 30 September 2024 as a stock exchange release on 6 November approx. at 08:30 a.m. EET. A briefing for analysts, media, financial institutions and professional investors will be held virtually in Teams the same day at 09:30 a.m. EET hosted by CEO, Mr Esa Harju, CFO, Mrs Mervi Kerkelä-Hiltunen and interim CFO, Mr Tomi Närhinen.   PRESS BRIEFING (held in English):

    Teleste's financial reporting and Annual General Meeting in 2025

    Teleste CorporationStock exchange releaseOctober 17, 2024, at 14:00 EESTTELESTE'S FINANCIAL REPORTING AND ANNUAL GENERAL MEETING IN 2025 During the year 2025, Teleste Corporation will publish financial information as follows:  +-----------------+------------------------------------------------+|11 February, 2025|Financial Statements Bulletin 2024 |+-----------------+------------------------------------------------+|7 May, 2025 |Interim report for January-March 2025 |+-----------------+------------------------------------------------+|14

    Composition of Teleste’s Shareholders’ Nomination Board

    Teleste CorporationStock exchange releaseSeptember 24, 2024, at 9.00 EEST  COMPOSITION OF TELESTE’S SHAREHOLDERS’ NOMINATION BOARD The following members have been appointed to Teleste’s Shareholders’ Nomination Board: · Chairman of the Board of Directors, Timo Luukkainen, Tianta Oy (Chair), · Director Patrick Lapveteläinen, Mandatum Life Insurance Company Limited, and · Director Esko Torsti, Ilmarinen Mutual Pension Insurance Company. According to the Charter of the Shareholders’ Nomination Board approved by the Annual General Meeting 2020, the members of the

    Teleste Ships First 10,000 Units of 1.8 GHz Intelligent Amplifiers with 100% telemetry capability to its North American customers

    Turku, Finland – 17 September 2024 – Teleste proudly announces the successful shipment of the first 10,000 units of its intelligent ICON 1.8 GHz amplifiers to the company’s North American customers. Every shipped amplifier has been equipped with a transponder, reflecting the growing interest within North American MSO community for remotely monitored, managed, and controlled Outside Plant. This milestone marks a significant achievement in the deployment of DOCSIS 4.0 compliant technologies in real network infrastructure. A New Standard in Network Performance Teleste’s intelligent

    Inside information, profit warning: Teleste lowers its 2024 financial guidance, due to low demand in European Broadband Networks business

    Teleste CorporationInside informationSeptember 16, 2024, at 15:00 EET  INSIDE INFORMATION, PROFIT WARNING: TELESTE LOWERS ITS 2024 FINANCIAL GUIDANCE, DUE TO LOW DEMAND IN EUROPEAN BROADBAND NETWORKS BUSINESS Teleste Corporation lowers its guidance for the financial year 2024. New guidance for financial year 2024 Teleste now estimates that the net sales in 2024 will amount to EUR 120–135 million and that the adjusted operating result in 2024 will be EUR 1‒4 million. The main reason for the updated guidance is the continued lower-than-expected demand in the European

    Teleste Introduces Teleste Hub: Revolutionizing Content Management for the Public Transportation Market

    The new software provides public transport operators with a powerful tool to drive continuous improvement, boost operational efficiency, and unlock new revenue streams.Turku, Finland – 2 September 2024 – Teleste, a leading provider of innovative technology solutions, is proud to announce the launch of its new central software for content management, Teleste Hub. Specifically tailored for the public transportation industry, Teleste Hub is set to redefine how transit operators manage, distribute, and display content across their networks. Developed in partnership with ITESMEDIA, a trusted

    Teleste has signed EUR 53 million syndicated loan facilities agreement

    Teleste CorporationStock exchange releaseAugust 30, 2024, at 9:00 a.m. EEST TELESTE HAS SIGNED EUR 53 MILLION SYNDICATED LOAN FACILITIES AGREEMENTTeleste Corporation has signed a secured syndicated EUR 53 million loan facilities agreement with its three relationship banks. The agreement includes EUR 26 million term loan and EUR 19 million revolving credit facility for refinancing the Group’s existing indebtedness, as well as commercial guarantee limits totalling EUR 8 million. The agreement has 2-year maturity with two 1-year extension options subject to lenders’ approvals. The

    Teleste Corporation half-year report 1 January to 30 June 2024

    Teleste CorporationStock exchange releaseAugust 14, 2024 at 8.30 a.m. EEST   TELESTE CORPORATION HALF-YEAR REPORT 1 JANUARY TO 30 JUNE 2024 TELESTE CORPORATION: Net sales and adjusted operating result decreased. Demand in the European networks market remains low, deliveries in North America HAVE INCREASED.     Unless otherwise specified, the figures in brackets refer to the year-on-year comparison period. April–June 2024 in brief   -          Net sales decreased by 26.3%, amounting to EUR 29.5 (40.1) million -          Adjusted EBITDA decreased by 35.7%,

    Teleste: Half year financial report 2024 will be published on 14 August, 2024 – Invitation to investor briefing

    Teleste CorporationPress releaseAugust 7, 2024, at 8:30 a.m. EEST TELESTE: HALF YEAR FINANCIAL REPORT 2024 WILL BE PUBLISHED ON 14 AUGUST - INVITATION TO INVESTOR BRIEFING Teleste will publish its half year financial report 1 January – 30 June 2024 as a stock exchange release on 14 August at approx. 08:30 a.m. EEST. A briefing for analysts, media, financial institutions and professional investors will be held virtually in Microsoft Teams the same day at 1:00 p.m. (EEST) hosted by CEO, Mr. Esa Harju and CFO, Mr. Juha Hyytiäinen.INVESTOR BRIEFING (held in English):Date:

    Mervi Kerkelä-Hiltunen appointed as Teleste's new CFO and management team member

    Teleste CorporationPress releaseJuly 11, 2024, at 3:00 p.m. EEST Mervi Kerkelä Hiltunen appointed as Teleste's new CFO and management team member Turku, Finland – 11 July 2024 – Teleste Corporation is pleased to announce the appointment of Mervi Kerkelä-Hiltunen (MSc. Econ) as the company's new Chief Financial Officer, effective October 2024. In her new role, she will also join Teleste’s management team. Mervi Kerkelä-Hiltunen has over 25 years of diverse experience in financial management within international business across various industries. In her previous roles, she has

    Teleste enters to an EMS partnership with Kyrel Oy

    TURKU – Finland – 10 July 2024 - As a part of Teleste’s strategy execution, we have entered to an EMS-Partnership with Kyrel Oy from Finland. Through this new collaboration, Teleste aims to ensure continuous high quality, agility, and delivery reliability for our Public Safety and Mobility business unit. Kyrel is well known for its customer-centricity and reliability, values that Teleste shares. This creates a strong foundation for our partnership.  “To be able to react even smoother on the fast-changing public safety and mobility market and provide the best value for our customers, we

    Teleste appoints new Vice President for North America

    TURKU, FINLAND — 19 June 2024 — Teleste is pleased to announce the appointment of Steve Condra as the new Vice President of Teleste North America and Chief Executive Officer of Teleste Intercept. With over four decades of experience in the outside plant communications industry, Steve Condra brings a wealth of knowledge and leadership to the team. Steve Condra’s career began with AT&T and Lucent Technologies, where he honed his skills in the outside plant communications. He later joined Scientific Atlanta and Cisco, further solidifying his expertise in the telecommunications industry. For

    Teleste's CFO Juha Hyytiäinen will leave his position

    Teleste CorporationPress releaseJune 3, 2024, at 9:30 a.m. EESTTELESTE´S CFO JUHA HYYTIÄINEN WILL LEAVE HIS POSITION Teleste´s CFO and member of the management team Juha Hyytiäinen has decided to leave Teleste Corporation for new responsibilities at another company. Mr. Hyytiäinen will continue in his position and as a member of Teleste's management team until the end of August to ensure a smooth transition and transfer of duties. The recruitment process for the new CFO has started. In addition, from mid-August, Mr. Tomi Närhinen M.Sc. (Econ) from outside the company will assume

    Teleste Corporation: Managers’ Transactions – Himanen, Jussi

    Teleste CorporationManagers´ transactionsMay 22, 2024, at 11:00 a.m. EESTTELESTE COPORATION: MANAGERS´ TRANSACTIONS – HIMANEN, JUSSITeleste Oyj - Managers' Transactions____________________________________________Person subject to the notification requirementName: Jussi HimanenPosition: Member of the Board/Deputy memberIssuer: Teleste OyjLEI: 743700CJRQRU0007GN59Notification type: INITIAL NOTIFICATIONReference number: 63583/5/4____________________________________________Transaction date: 2024-05-20Venue: NASDAQ HELSINKI LTD (XHEL)Instrument type: SHAREISIN:

    Teleste Corporation: Managers’ Transactions – Ronkainen, Anni

    Teleste CorporationManagers´ transactionsMay 22, 2024, at 11:00 a.m. EESTTELESTE CORPORATION: MANAGERS´ TRANSACTIONS – RONKAINEN, ANNITeleste Corporation - Managers' Transactions____________________________________________Person subject to the notification requirementName: Anna-Maria RonkainenPosition: Member of the Board/Deputy memberIssuer: Teleste OyjLEI: 743700CJRQRU0007GN59Notification type: INITIAL NOTIFICATIONReference number: 63582/4/4____________________________________________Transaction date: 2024-05-20Venue: NASDAQ HELSINKI LTD (XHEL)Instrument

    Teleste Corporation: Managers’ Transactions – Telanne, Kai

    Teleste CorporationManagers´ transactionsMay 22, 2024, at 11:00 a.m. EESTTELESTE COPORATION: MANAGERS´ TRANSACTIONS – TELANNE, KAITeleste Oyj - Managers' Transactions____________________________________________Person subject to the notification requirementName: Kai TelannePosition: Member of the Board/Deputy member Issuer: Teleste OyjLEI: 743700CJRQRU0007GN59Notification type: INITIAL NOTIFICATIONReference number: 63591/4/4____________________________________________Transaction date: 2024-05-20Venue: NASDAQ HELSINKI LTD (XHEL)Instrument type: SHAREISIN:

    Teleste Corporation: Managers’ Transactions – Leino-Haltia, Mirel

    Teleste CorporationManagers´ transactionsMay 22, 2024, at 11:00 a.m. EESTTELESTE COPORATION: MANAGERS´ TRANSACTIONS – LEINO-HALTIA, MIRELTeleste Oyj - Managers' Transactions____________________________________________Person subject to the notification requirementName: Mirel Leino-HaltiaPosition: Member of the Board/Deputy memberIssuer: Teleste OyjLEI: 743700CJRQRU0007GN59Notification type: INITIAL NOTIFICATIONReference number: 63555/5/4____________________________________________Transaction date: 2024-05-20Venue: NASDAQ HELSINKI LTD (XHEL)Instrument type:

    Teleste Corporation: Managers’ Transactions – Luukkainen, Timo

    Teleste CorporationManagers´ transactionsMay 22, 2024, at 11:00 a.m. EESTTELESTE COPORATION: MANAGERS´ TRANSACTIONS – LUUKKAINEN, TIMOTeleste Oyj - Managers' Transactions____________________________________________Person subject to the notification requirementName: Timo LuukkainenPosition: Member of the Board/Deputy memberIssuer: Teleste OyjLEI: 743700CJRQRU0007GN59Notification type: INITIAL NOTIFICATIONReference number: 63570/5/4____________________________________________Transaction date: 2024-05-20Venue: NASDAQ HELSINKI LTD (XHEL)Instrument type: SHARE

    Teleste Corporation: Managers’ Transactions – Korpimies, Vesa

    Teleste CorporationManagers´ transactionsMay 22, 2024, at 11:00 a.m. EESTTELESTE COPORATION: MANAGERS´ TRANSACTIONS – KORPIMIES, VESATeleste Oyj - Managers' Transactions____________________________________________Person subject to the notification requirementName: Vesa KorpimiesPosition: Member of the Board/Deputy memberIssuer: Teleste OyjLEI: 743700CJRQRU0007GN59Notification type: INITIAL NOTIFICATIONReference number: 63595/4/4____________________________________________Transaction date: 2024-05-20Venue: NASDAQ HELSINKI LTD (XHEL)Instrument type: SHAREISIN:

    Teleste and Swarco enhance passenger information across the Västernorrland bus network in Sweden

    Turku, FINLAND – 7 May 2024 – Teleste and Swarco have entered into a six-year frame agreement on the deliveries of Teleste information displays to Din Tur, the Västernorrland County public transport authority in Sweden. Under this agreement, Teleste will support Swarco in modernising the bus network of Din Tur with the latest display technologies, beginning the deliveries for the project in May 2024. This new agreement comes as Din Tur seeks to enhance its public transport services by replacing information displays across its bus stop network. Anders Jonsson, Business Area Manager for

    Teleste introduces CX4, the first European style 1.8 GHz amplifier

    TURKU, FINLAND — 6 May 2024 — Teleste is excited to announce the launch of its latest innovation for cable broadband networks - the CX4 compact dual output amplifier. Designed to meet the evolving needs of cable operators and their subscribers, the CX4 stands as the first amplifier of its kind in Europe, featuring compatibility to both 1.8 GHz and 1.2 GHz networks. Next-generation broadband technology: Building upon the success of Teleste’s CX3 platform, the CX4 introduces an advanced, high-performance solution that allows operators to take most out of their existing DOCSIS 3.1 networks,

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