Teleste Oyj. Stock Analysis TLT1V.HE

Teleste Corp. engages in the development of security, broadband, and information technologies, and related services. The company is headquartered in Turku, Lansi-Suomen and currently employs 630 full-time employees. The firm is operational through two business units, Video and Broadband Solutions business segment focusing on product solutions for broadband access networks, video service platforms and video surveillance applications; and Network Services segment, delivering comprehensive network service solutions including new construction, rebuilding, upgrading, planning and maintenance services of cable networks. The firm also offers network services for turn-key projects and new construction. Additionally, it provides public transportation information systems and display solutions via Mitron Group Oy Ltd. The firm operates around 30 wholly owned subsidiaries in such countries as Germany, Belgium, Norway, the United Kingdom, Switzerland, Finland, Sweden, Poland, India, Slovenia, China, France and the United States.