Teleste has signed a frame agreement with Immomedianet for the upgrade of 13,200 in the Hamburg area.
Teleste saw operating profits increase by a massive 72.7% in the final quarter of 2010 to reach €3 million. The Finnish technology and network services provider benefitted from an order from the French police and the first shipments under a €16 million Frame agreement with the Israeli operator HOT Telecom.
Finnish equipment supplier Teleste saw significant increases in revenues and profits in the second quarter, despite an admission by the company CEO that there was no indication of the pick-up in the market.
Finnish cablenet Turku TV’s new VOD service will go live this spring following initial tests in the Turku area later this month.