I bought a Silstar "Taqtiq Tele Carp" a few years ago. I've used it for rock fishing in Crete and landed sea bream, wrasse etc. The rod has also been used for barbel back home with no problems. The blank is OK (it is labeled hi mod carbon) and the rings are Alumina, however I have had to glue a couple of the rings back on when they've come loose.
I own a JW Avon tele and it is excellent. It is a lovely rod to use and belies the fact that it is a telescopic rod. I also agree with Alan about the Shimano Catana tele. I've tried one and I could not believe how good it felt. There are no flat spots. It feels like a normal 2 or 3 piece. If you want something with a bit more beef try the Keenents K Class. I have the 2.5lb tc version and again it just does not feel like a telescopic.