TELESTE CORPORATION     INVESTOR NEWS     11.2.2019   AT 14:00 EET

TELESTE CONTINUES HEADEND OPTICS DELIVERIES TO TURKSAT FOR BROADBAND NETWORK UPGRADES

Teleste will continue the deliveries of optical headend products to Turksat, the leading satellite and cable operator in Turkey. Extending the headend optics deployments last year, the new deliveries will again be carried out in cooperation with Teleste's local partner, Telco Ltd, and they will take place during the course of 2019.

The deliveries to Turksat continue with high-density products in Teleste's HDO family of headend optics designed to offer operators a reliable, easy-to-operate and versatile solution for optical data transmission. To drive savings in power consumption and ensure that the requirements of the high-density installations are met in a future-proof manner, the focus of the deployment is set on Teleste's dual DWDM transmitters released in 2018.

The HDO platform represents Teleste's continuous development of technologies and products that offer our customers cost-effective network capacity with high service availability. The compact equipment saves space in headends and hubs, and yet it provides excellent efficiency and functionality. The proven family is a competitive choice for operators to provide broadband, narrowcast and broadcast services in digital and analog formats, and today, the family also fully meets the requirements for DOCSIS 3.1 networks.

Teleste offers an integrated product and service portfolio that makes it possible to build and run a better networked society. Our solutions bring television and broadband services to your home, secure your safety in public places and guide your use of public transport. With solid industry experience and drive for innovations, we are a leading international company in broadband, security and information technologies and related services. We connect with our customers through a global network of offices and partners. In 2018, Teleste's net sales reached EUR 250 million and on average it had approximately 1,400 employees. Teleste is listed on Nasdaq Helsinki.

TELESTE CORPORATION

Jukka Rinnevaara CEO

ADDITIONAL INFORMATION: Jukka Rinnevaara, tel: +358 2 2605 611

DISTRIBUTION: Nasdaq Helsinki Main Media www.teleste.com