Telio develops, installs and operates communications and media systems for correctional facilities. It installs telephones and related systems, allowing inmates to make monitored calls from communal areas or directly from their cells. Telio’s product range also includes comprehensive multimedia systems, which comprise, for example, TVs, radios and PCs with restricted internet access. In addition to the corresponding installations (cables and end devices), Telio also offers software that monitors telephone calls and handles the related billing. The software relieves prison officers of some of their responsibilities, thereby simplifying everyday life at correctional facilities.

The business is driven by efforts to ensure easier reintegration of the prisoners into society after their release. It has been shown that regular contact with family and friends contributes significantly to this goal. Another promising application for Telio’s products is screen-based learning in preparation for life after prison. The company has good growth prospects through increasing its international reach within Europe and beyond, developing new products and broadening its customer base. We see additional potential for value growth particularly in the expansion of activities in the area of jamming, which is the targeted interference and obstruction of mobile telephony signals, in Europe as well as in further acquisitions – also on an international level.

In September 2018, Telio acquired the French technology company KEAS, which develops electronic security solutions. By doing so, Telio has expanded its product range to include solutions for the targeted interference and blocking of mobile radio signals, a process referred to as jamming, for which there is a particular need in prisons. Driven by the additional activities in this area, Telio’s revenues and earnings in the 2018 financial year are expected to exceed the previous year’s level and budget. Measures to optimise operating processes also had a positive impact on earnings. At the same time, Telio is forging ahead with its international expansion; since 2017, the company has won tenders for projects in France, Belgium and the Czech Republic.

Telio aims to achieve further organic growth, which is why it is taking part in tenders worldwide. Revenues and earnings are expected to increase further in 2019. The company also plans to acquire further companies in the market and is constantly looking into possible acquisition targets.