Cable operators are putting back their deliveries into 2017.
Commenting on his company’s financial results, Teleste CEO Jukka Rinnevaara said although the investment outlook of the operators remained positive, a number of customers have more recently transferred deliveries of access network products entered in the order backlog over to 2017.
Group quarterly net sales came in at €67.5 million. Operating profit increased by 54% at €3.9 million.
Half-year sales totalled €128 million an increase of 13.2%. Operating profit stood at €6.5 million, an increase of 26.8%.