SHERIDAN, WYOMING – Jan. 29, 2025 – Teleste Corporation, a leading global provider of broadband, security, and information technologies, today announced the appointment of Ulf Andersson as EVP & GM of its Broadband Networks business unit and a member of the company's Leadership Team.
Expanding Global Reach and Expertise
Effective January 1, 2025, Andersson will assume responsibility for the global management of Teleste's Broadband Networks business unit, based in the United States. His appointment underscores Teleste's commitment to strategic expansion in the North American market and further strengthens its leadership team.
Andersson brings a wealth of experience in the telecommunications industry, having held senior leadership positions at prominent companies such as Ericsson and MobiledgeX. He possesses a deep understanding of the market, having worked in sales, customer engagement, business management, product management, and R&D.
"I am thrilled to join Teleste and work alongside a team of experienced professionals in this world-class company," said Andersson. "Teleste has a strong market position in Europe, and I am excited to lead the expansion into the North American market, which presents significant growth opportunities."
Transition of Leadership
Hanno Narjus, the current head of the Broadband Networks business unit, will transition to a new role as Senior Fellow, Industry Relations. In this role, Narjus will focus on developing industry relations, creating technology and ecosystem strategy, and conducting global market analysis to support Teleste's continued leadership in the rapidly evolving market.
"I warmly welcome Ulf to Teleste," said Esa Harju, CEO of Teleste. "Ulf brings extensive business management experience and a strong network in North America. We are also grateful to Hanno for his leadership in the Broadband Networks business unit and excited to continue working with him in his new role."
About Teleste
Teleste provides an integrated portfolio of products and services that enable the building and operation of a better networked society. Its solutions bring television and broadband services to homes, enhance safety in public spaces, and guide public transportation. With a strong focus on innovation and a commitment to customer satisfaction, Teleste is a leading international company in broadband, security, and information technologies. Teleste operates globally through a network of offices and partners. In 2023, the company's net sales reached EUR 151.3 million and employed approximately 800 people. Teleste is listed on Nasdaq Helsinki. For more information, visit www.teleste.com.