Teleste Corporation
Press release
December 2, 2024, at 10:00 a.m. EET
 

Teleste strengthens its leadership and strategic focus on North America. Ulf Andersson appointed as head of Broadband Networks business unit and member of the Leadership Team

TURKU, FINLAND - December 2, 2024 - Teleste Corporation strengthens its leadership and strategic focus on North America. Ulf Andersson has been appointed as EVP & GM of the Broadband Networks business unit and a member of the Leadership Team.

Ulf will assume the responsibility for global management of the Broadband Networks business unit effective January 1, 2025. Ulf will be based in the USA. Leading the business unit from North America supports the strategic expansion and increased momentum towards that market.

Ulf has a long career in the telecommunications industry, both in sales and customer engagement, as well as in comprehensive business management. He has strong experience in creating and implementing strategy, as well as product management and R&D. Prior to joining Teleste, Ulf was CEO of Falcon V Systems and CRO of MobiledgeX, a Silicon Valley startup. Before that, Ulf had a long executive career in Ericsson.

"I'm very excited to join the Teleste team and look forward to working with a group of experienced professionals in this world-class company." says Ulf Andersson. "Teleste has a strong market position in Europe, and the ongoing expansion into the North American market has opened up the opportunity for significant business growth."

The current business unit lead, Hanno Narjus, will continue with the company in a new role as Senior Fellow, Industry Relations. In this new thought leadership role, Hanno will participate in developing industry relations for the Broadband Networks business, as well as creating technology and ecosystem strategy. His responsibilities also include global market analysis, to help Teleste to continue to be a leader in the rapidly changing market environment.

"I warmly welcome Ulf to Teleste," says Teleste's CEO Esa Harju. "Ulf brings strong business management experience and personal networks in North America and globally. At the same time, it is great to continue working with Hanno in his new role. Hanno has long led Teleste's market leadership in Europe and has built a strong foundation for further business growth and expansion in North America."

For more information:

Esa Harju, CEO
Tel. +358 2 2605 611
investor.relations@teleste.com
 

About Teleste
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 you, 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 2023, Teleste's net sales reached EUR 151,3 million and it had approximately 800 employees. Teleste is listed on Nasdaq Helsinki. For more information, visit www.teleste.com.