Sales at Finnish technology firm Teleste fell by 10 per cent during the first nine months of 2017.
The cable broadband company saw profits tumble by 74.2 per cent to €1.2 million, despite an increase in the number of orders.
This was particularly true within the Video and Broadband Solutions, where France, Spain and Finland all drew new business.
“The need to increase access network capacity continued. However, operators’ investment decisions may be delayed, partially due to plans to introduce next generation distributed architecture,” explained CEO Jukka Rinnevaara.
Net sales of Network Services decreased in Britain as a result of changes in customer projects.
