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Telestone Technologies reiterates 2009 outlook for $70M in revenue (AP) 01:26:53 PM (ET), Friday, February 5, 2010 (SAN FRANCISCO) Telestone ...
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02-06-2010, 09:01 AM
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Telestone Technologies
Telestone Technologies reiterates 2009 outlook for $70M in revenue
(AP) 01:26:53 PM (ET), Friday, February 5, 2010 (SAN FRANCISCO) Telestone Technologies Corp., which sells wireless network services and communications gear in China, on Friday reiterated its 2009 outlook for $70 million in revenue. The company said that network installations for 3G, or third-generation, wireless networks sped up during the year, and that revenue was highest in the fourth quarter. Telestone shares rose 21 cents, or 1.5 percent, to $14.10. -------------------------------------------------------------------------- * T.T. standing by their claims. *
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