Αρχική iptv-news Orders increase, but Teleste’s sales fall

Orders increase, but Teleste’s sales fall

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Orders at Teleste are at an all time high, the Finnish broadband tech company has announced.

The company reported a 6-month decrease in sales of 6.1%, against a particularly strong period in 2018.

Losses of €3.7 million, from a positive €4.3 million in 2018, included a €7.3 million provision for criminality against a foreign subsidiary.

In the Video and Broadband Solutions division, Teleste has successfully launched sales for its distributed access architecture products in the US cable market.

However, operators have postponed investment in existing network technology while they prepare for a wider adoption of distributed access in both Europe and North America.



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