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. Furthermore, Telio extended its product portfolio to mobile detection and jamming solutions following the add-on acquisition of KEAS.

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 growth particularly in the expansion of activities in the area of jamming, where Telio has already won a major contract in France. Jamming is the targeted interference and obstruction of mobile telephony signals. In addition, the company will continue to selectively pursue acquisitions to broaden its product and service portfolio.

In 2019, Telio continued to focus on further internationalisation as well as on the expansion of its product portfolio: By acquiring the inmate telephony company COMSEC, Telio entered the Australian market; by the add-on acquisition of the French technology company KEAS, Telio accelerated its expansion into to the jamming market. Driven by these additional activities, Telio’s revenues and earnings in the 2019 financial year are expected to exceed the previous year’s level.

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 2020. The company also plans to acquire further companies in the market and is constantly looking into possible acquisition targets.