ESPOO, Finland--(BUSINESS WIRE)--Aug 5, 2025--
Tecnotree, a global leader in digital platforms for AI, 5G, and cloud-native technologies for the telecommunications industry, today announced its financial results for the first half of 2025. The company demonstrated strong operational discipline, improved profitability, and sustained growth despite currency headwinds, while expanding its footprint in mature markets, particularly Europe.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250805258891/en/
First Half (January – June 2025)
Key Achievements:
CEO Statement:
Padma Ravichander, CEO of Tecnotree, stated: “Our H1 2025 results highlight the strength of our operational discipline and strategic focus. Achieving positive free cash flow for the fifth consecutive quarter, while expanding our footprint in mature markets, reinforces our confidence in Tecnotree’s growth trajectory. We remain committed to delivering innovative, AI-driven solutions that enable our customers’ digital transformations and unlock new revenue streams. I am proud of partners and our teams for driving this success and look forward to continued momentum for the remainder of the year.”
About Tecnotree
Tecnotree is a 5G-ready digital Business Support System (BSS) leader delivering AI/ML-enabled, cloud-native, and multi-cloud extensible solutions for telecommunications. With 59 TM Forum Open API certifications, Tecnotree provides agile order-to-cash and subscription management platforms, along with fintech and B2B2X multi-experience digital marketplaces via Tecnotree Moments. The company is listed on the Helsinki Nasdaq (TEM1V).
Tecnotree Reports Continued Positive Free Cash Flow and Expansion in Europe in H1 2025
WASHINGTON (AP) — U.S. forces in the Caribbean Sea have seized another sanctioned oil tanker the Trump administration says has ties to Venezuela, part of a broader U.S. effort to take control of the South American country’s oil.
Homeland Security Secretary Kristi Noem wrote Thursday on social media, “Motor Tanker Veronica had previously passed through Venezuelan waters, and was operating in defiance of President Trump’s established quarantine of sanctioned vessels in the Caribbean.”
A social media post from U.S. Southern Command on the capture said that Marines and sailors launched from the aircraft carrier USS Gerald R. Ford to make the capture while Noem’s post noted that, like in previous raids, a U.S. Coast Guard tactical team conducted the boarding and seizure.
Noem posted a brief video that appeared to show part of the ship’s capture. The black-and-white footage showed helicopters hovering over the deck of a merchant vessel while armed troops dropped down on the deck by rope.
The Veronica is the sixth tanker that has been seized by U.S. forces as part of the effort by President Donald Trump’s administration to control the production, refining and global distribution of Venezuela’s oil products, and the fourth since the U.S. ouster of Venezuela President Nicolás Maduro in a surprise nighttime raid almost two weeks ago.
Noem, in her social media post, said that the raid was carried out with “close coordination with our colleagues” in the military as well as the State and Justice departments.
“Our heroic Coast Guard men and women once again ensured a flawlessly executed operation, in accordance with international law,” Noem added.
As with prior posts, Noem and the military framed the seizure as part of an effort to enforce the law. Noem argued that the multiple captures show that “there is no outrunning or escaping American justice.”
However, other officials in Trump's Republican administration have made clear they see it as a way to generate cash as they seek to rebuild Venezuela’s battered oil industry and restore its economy.
Last week, Trump met with executives from oil companies to discuss his goal of investing $100 billion in Venezuela to repair and upgrade its oil production and distribution. His administration has said it expects to sell at least 30 million to 50 million barrels of sanctioned Venezuelan oil.
This story has been corrected to show the Veronica is the fourth, not the third, tanker seized by U.S. forces since Maduro's capture.
U.S. Homeland Security Secretary Kristi Noem speaks during a press conference, Thursday, Jan. 8, 2026, in New York. (AP Photo/Yuki Iwamura)
U.S. Homeland Security Secretary Kristi Noem speaks at a news conference at Harry Reid International Airport, Nov. 22, 2025, in Las Vegas. (AP Photo/Ronda Churchill, File)
