 | |
Native name | Elisa Oyj |
|---|---|
| Formerly |
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| Company type | Julkinen osakeyhtiö |
| Nasdaq Helsinki: ELISA | |
| Industry | Telecommunicatons |
| Founded | 31 January 1882; 143 years ago (1882-01-31) (as HPY, Swedish: HTF) |
| Founder | Daniel Wadén |
| Headquarters | Helsinki, Uusimaa ,Finland |
Area served |
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Key people |
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| Products | Retail and wholesalefixed-line andmobile telecommunications services, internet services |
| Revenue |  €2.13 billion (2022)[1] |
| €472 million (2022)[1] | |
Number of employees | 5,623 (2022)[1] |
| Website | www |
| Footnotes / references [2] | |
Elisa Corporation (nativelyElisaOyj)[3] is aFinnishtelecommunications company founded in 1882. It was calledHPY (Swedish:HTF) until July 2000. The mobile operations of Elisa were previously known asRadiolinja.
Elisa is a telecommunications, ICT and online service company operating mainly in Finland and Estonia. Elisa has over 6.2 million consumer, corporate and public administration organisation subscriptions.
Largest shareholders are Finnish national institutions (State Pension Fund, City Councils ofHelsinki andVantaa,Solidium Oy,Föreningen Konstsamfundet).[4]
Elisa provides environmentally sustainable services for communication and entertainment, and tools for improving operating methods and productivity of organisations. In Finland Elisa is the market leader in mobile and fixed network subscriptions and in Estonia number two. Cooperation withVodafone andTelenor enables globally competitive services. Elisa is listed on Nasdaq Helsinki Large Cap with approximately 185,000 shareholders. In 2018, Elisa's revenue was 1.83 billion euros, and the company employed 4,800 people.[5]
New digital services include Elisa Viihde,[6] Elisa Kirja,[7] Elisa Videra,[8] Elisa Automate[9] and Elisa Smart Factory.[10]
Elisa was originally established on 31 January 1882 by the electrical engineerDaniel Wadén [fi;sv] as atelephone cooperative called the Helsinki Telephone Association (Finnish:Helsingin puhelinyhdistys, HPY,Swedish:Helsingfors telefonförening HTF).[11] HPY began serving customers on 6 June 1882 by connecting 56 phone numbers; by 1884 the number of yearly calls surpassed one million.
HPY started expanding during the 1920s and 30s by merging with smallercooperativetelephone operators. In 1921, HPY and the over 400 other privately operated telephone cooperatives then existing in Finland formed thePuhelinlaitosten liitto ("Federation of Telephone Companies") consortium, which was renamed asFinnet [fi] in 1996. The company reached its current geographical operating field in 1958. HPY's original form of incorporation, amutualassociation, was changed to a legal cooperative ("Helsingin puhelinosuuskunta") in 1995, listed on theHelsinki Stock Exchange asHelsingin Puhelin Oyj in 1997, and then changed again to a joint-stock company under the nameHPY Holding Oyj. HPY was eventuallydemutualised in 2000, and was renamed asElisa Communications Oyj.Elisa Communications Oyj left the Finnet consortium in 2001, and would eventually unify all of its offerings under the Elisa branding in 2003–2004.
Elisa launched the first commercial GSM service under the Radiolinja brand in 1991 and the world's first commercialUMTS900 network on 8 November 2007.
Investment companyNovator Partners acquired a 10.4% stake in Elisa in 2005 through a share swap when Elisa bought the smaller operatorSaunalahti, which had been mostly owned by Novator. Novator tried to revamp Elisa in December 2007, but was opposed by Finnish institutions such asVarma Mutual Pension Insurance Company. In October 2008, during theIcelandic financial crisis, Novator sold its entire stake in Elisa to Varma for 194 million euros (US$266 million), a price of €11.20 per share.[12]
On 27 June 2018, Elisa launched the world's first commercial5G network in the Finnish city ofTampere and in the Estonian capital ofTallinn.[13]
Elisa had previously founded Elisa Automate, a startup focused on automating network using artificial intelligence. Polystar was merged with it, resulting in Elisa Polystar[14] In March 2020, Elisa acquired a majority of US-based CalcuQuote[15] and in 2021 a share of Italian-basedsedApta[16] and later during the year majority share of Belgian-based Tenforce.
In April 2022, Elisa acquired Slovak-based FRINX[14] and in August Cardinality Ltd.[17] At the end of 2022, Elisa's 5G network had population coverage of 86% in Finland and 70% in Estonia.[18]
In February 2022, Elisa received a EUR 3.9 million grant from the Finnish Ministry of Economic Affairs and Employment to support its investment in aDistributed Energy Storage (DES) solution based on intelligent management of the backup power of mobile base stations. The aim is to build 150 MWh of storage capacity, making it the largest distributed DES project in Europe.[19]
On the evening of 25 December 2024, authorities were informed of disturbances in fourtelecommunications cables leaving Finland, with two Elisa cables being completely cut.[20]
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