English

TELESTE RECEIVES AN ORDER FROM DIGICABLE, INDIA FOR THEIR PAN INDIA IP-BASED DIGITAL TELEVISION PLATFORM

Report this content 
TELESTE CORPORATION  STOCK EXCHANGE RELEASE  26.6.2008 AT 16:15                 


TELESTE RECEIVES AN ORDER FROM DIGICABLE, INDIA FOR THEIR PAN INDIA IP-BASED    
DIGITAL TELEVISION PLATFORM                                                     

Teleste has been selected by Digicable Network (India) Pvt Ltd to deliver their 
new compact IP-based digital television platform. The value of the initial order
is 12 million euros.                                                            

Digicable will provide an advanced portfolio of digital interactive television  
services over a Head End in the Sky (HITS) satellite distribution network. The  
solution provided by Teleste will provide both IPTV and DVB-C based television. 

The solution is based on the recently launched Teleste Luminato IP headend      
technology. It offers professional performance in the industry's smallest       
footprint and is ideally suited for this high volume application.               

This positions Teleste in the forefront of the Indian cable television          
digitalization process.                                                         

The majority of the order is to be delivered during 2009-2010.                  

Teleste is an international technology group founded in 1954, which is          
specialized in broadband data communication systems and solutions. The group is 
divided into two Strategic Business Units: Broadband Cable Networks and Video   
Networks. Broadband Cable Networks serves cable operators and a major part of   
its business activities are handled through direct customer contact. Video      
Networks supplies solutions for optical signal transmission and video network   
management software solutions for video surveillance and a major part of its    
business is handled through system integrators. Both Business Units are among   
the leading providers in their market areas and are globally recognized for     
their know-how and ability to produce technically cutting edge solutions year   
after year. In 2007 the group's net sales totalled EUR 125.1 million and the    
group employed 672 persons at the year-end. The company has approximately 30    
offices world-wide and over 91% of Teleste's net sales are generated outside    
Finland. The company is listed on the OMX Nordic Exchange Helsinki.             
Visit www.teleste.com for more information.                                     


TELESTE CORPORATION                                                             

Jukka Rinnevaara                                                                
CEO                                                                             


ADDITIONAL INFORMATION:                                                         
Mr Jukka Rinnevaara President and CEO, tel +358 2 2605 866 or +358 400 747 488  


DISTRIBUTION:                                                                   
OMX Nordic Exchange Helsinki                                                    
Media                                                                           
www.teleste.com

Subscribe