What is the main business of Teleste Networks?

The main business activity of Teleste Networks focuses on agents involved in non-specialised wholesale.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on June 27, 2001.

Where is the headquarters located?

The headquarters is located at: Ostrowskiego 30, 53-238 Wrocław.

What is the share capital?

The share capital of the company is PLN 94,500 (approx. $25,527).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2023 to December 31, 2023.

What was the revenue?

In 2023, the company generated total revenue of USD 5,878,628, representing a decrease of 6.8% compared to 2022.

Yes, the company recorded a net profit of USD 37,870 in 2023, meaning the company decreased its profit by 94.8%.

What is the largest operating cost?

The largest operating cost category falls under cost of goods and materials sold. This category amounted to USD 2,313,126 in 2023, representing 41% of all operating expenses.

Teleste Networkssp. z o.o.

Agents involved in the sale of a variety of goods

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2001-06-27

Share capital

94,500.00 PLN

Activity description

Teleste Networks provides solutions for television and broadband networks, bringing TV and internet services to homes. It also offers systems for public safety and solutions supporting public transport and video management.

Registered address

Ostrowskiego 30, 53-238 Wrocław, Poland

Website

teleste.com

Phone

Social media

Electronic delivery address

AE:PL-11821-60629-SEEGW-17

Financials

Revenue history (in k)

Filing timeliness

No financial statement for 2024 – the filing deadline has passed. 6 of 6 financial statements were filed late (the longest delay 515 days for 2021). 5 of 6 audited by a statutory auditor.

2024not filed
202322/07/2025
202210/12/2024
202112/12/2023
202005/08/2022
201930/12/2020

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2023.

Results vs industry

Revenue

This companyUSD 5.88mMedianUSD 129.46kAverageUSD 1.88m

Net profit

This companyUSD 37.87kMedianUSD 3.80kAverageUSD 76.26k

Operating costs

This companyUSD 5.66mMedianUSD 119.02kAverageUSD 1.77m

Assets

This companyUSD 7.59mMedianUSD 93.68kAverageUSD 903.20k

Industry

Offer

Distributed access devices
RF amplifiers
Optical nodes
FTTx passive components
Network management software
Video delivery systems

Website technology

Website

WordPress

Analytics and marketing

Google Tag Manager

Public procurement

2 tenders recorded as contractor, with a total value of $232,342.

Publication date	Subject	Amount	Contracting authority
Apr 24, 2025	Provision of technical support services for owned AWS Elemental products (Amazon Web Services) for a period of 12 months	$33,978$33,978	Telewizja Polska S.A.
Sep 21, 2021	Supply of live encoders for online broadcasting	$198.4K$198,365	Telewizja Polska S.A.

Authorized Representatives

Michał Kamil Grzelczak – President of the Management Board

Jaakko Julius Tikkanen – Management Board Member

Manner of representation

Each member of the management board is authorized to make declarations concerning the company’s property and non-property rights and obligations independently.

Ownership

Owner	Shares	Share value	Stake
Teleste Networks Oy	126	$25,526.74	100%

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 2002-06-19.

Danske Bank A/S Oddział w Polsce
05 2360 0005 0000 0045 5030 5748

Debt

No entries in the National Debtors Register (KRZ).

MSiG notices

Publication date	Event
Jan 20, 2023	Commercial Companies Code notice

Public aid

4 public aid cases recorded, with a total value of $695,748.

Grant date	Purpose	Gross amount	Granting body
Jun 22, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	––	Polski Fundusz Rozwoju S.A.
Jun 20, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	––	Prezes Zakładu Ubezpieczeń Społecznych
May 30, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	––	Prezes Zakładu Ubezpieczeń Społecznych

Regulatory authorisations

Authority	Type	Status
BDO	BDO register entry	Active

Competitors

Name	Revenue	Website
Promitelsp. z o.o. + limited partnership	$16,156,805.98	promitel.pl
Ledatel I Wspólnicysp. z o.o. + limited partnership	$15,919,831.60	ledatel.pl
Kontelsp. z o.o. + limited partnership	$13,645,817.40	kontel.pl
VersimS.A.	$9,884,796.69	versim.pl
Poltel Telecomsp. z o.o. + limited partnership	$9,654,698.53	poltel.com.pl
Unified Solutionssp. z o.o.	$2,902,089.14	unifiedsolutions.pl
Sawelsp. z o.o. + limited partnership	$2,836,464.00	sawel.pl
Nextedgesp. z o.o.	$2,514,584.40	nextedge.pl
Forsystemsp. z o.o.	$2,049,662.23	forsystem.pl
Nexustelecom M.Stąsiek & A.Purasp. j.	$1,952,006.85	nexustelecom.pl

Change history

Date	Event
2023-01-02	Share capital increase (62,250.00 PLN → 94,500.00 PLN)
2020-09-11	Name change ("satlan" → Teleste Networks)
2009-11-30	Share capital increase (61,750.00 PLN → 62,250.00 PLN)
2008-10-08	Share capital increase (60,000.00 PLN → 61,750.00 PLN)
2002-06-19	Address change (Krupnicza 6/8, 50-075, Wrocław → Ostrowskiego 30, 53-238, Wrocław)

FAQ

Last updated: 2026-10-02