Business Services Industry
Finland's Teleste Corporation wins cable delivery contract in Germany
Nordic Business Report, Jan 31, 2008
NORDIC BUSINESS REPORT-31 January 2008-Finland's Teleste Corporation wins cable delivery contract in Germany(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com
Finnish technology group Teleste Corporation said on Thursday (31 January) that it has been chosen for the primary equipment supplier for Cableway AG, one of the main cable network turnkey service companies in Germany.
In 2008-2011 the agreement will bring Teleste sales of a minimum of EUR15m, the company said.
The major part of the deliveries include different AC and CXE amplifier solutions and products by DINH Telecom, a company acquired by Teleste last spring.
The end customers involve leading German cable operators, Teleste added.
Cableway AG is one of the main cable network turnkey service companies formed by seven local cable network service providers in Germany.
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 1.34 euros (EUR).
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