Business Services Industry

Finland's Teleste Corporation wins order in Russia

Nordic Business Report, Feb 25, 2008

NORDIC BUSINESS REPORT-25 February 2008-Finland's Teleste Corporation wins order in Russia(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish technology group Teleste Corporation said on Monday (25 February) that it has received an order worth EUR1.4m from Russia.

The order consists of Teleste's Deep Fiber Solutions and Video headend products, the company said.

The solutions will be used for upgrading the networks of a Russian MSO in 37 different cities in Russia.

Teleste, headquartered in Turku, Finland, is an international technology group which specialises in broadband data communication systems and solutions. Teleste has some 30 offices worldwide and is listed on the Nordic Exchange in Helsinki.

One British pound (GBP) is worth approximately 1.33 euros (EUR).

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