Native name | Elisa Oyj |
---|---|
Formerly |
|
Company type | Julkinen osakeyhtiö |
Nasdaq Helsinki: ELISA | |
Industry | Telecommunicatons |
Founded | 31 January 1882 (as HPY HTF) |
Founder | Daniel Wadén |
Headquarters | Helsinki, Uusimaa , Finland |
Area served |
|
Key people |
|
Products | Retail and wholesale fixed-line and mobile telecommunications services, internet services |
Revenue | €2.13 billion (2022) [1] |
€472 million (2022) [2] | |
Number of employees | 5,623 (2022) [3] |
Website | www |
Footnotes /references [4] |
Elisa Oyj is a Finnish telecommunications company founded in 1882. It was called HPY HTF until July 2000. The mobile operations of Elisa were previously known as Radiolinja.
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 of Helsinki and Vantaa, Solidium Oy, Föreningen Konstsamfundet). [5]
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 with Vodafone and Telenor 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. [6]
New digital services include Elisa Viihde, [7] Elisa Kirja, [8] Elisa Videra, [9] Elisa Automate [10] and Elisa Smart Factory. [11]
Elisa was originally established on 31 January 1882 by the electrical engineer Daniel Wadén (fi; sv) as a telephone cooperative called the Helsinki Telephone Association (Finnish : Helsingin puhelinyhdistys, HPY, Swedish : Helsingfors telefonförening HTF). [12] 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 smaller cooperative telephone operators. In 1921, HPY and the over 400 other privately operated telephone cooperatives then existing in Finland formed the Puhelinlaitosten liitto ("Federation of Telephone Companies") consortium, which was renamed as Finnet (fi) in 1996. The company reached its current geographical operating field in 1958. HPY's original form of incorporation, a mutual association, was changed to a legal cooperative ("Helsingin puhelinosuuskunta") in 1995, listed on the Helsinki Stock Exchange as Helsingin Puhelin Oyj in 1997, and then changed again to a joint-stock company under the name HPY Holding Oyj. HPY was eventually demutualised in 2000, and was renamed as Elisa 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 commercial UMTS900 network on 8 November 2007.
Investment company Novator Partners acquired a 10.4% stake in Elisa in 2005 through a share swap when Elisa bought the smaller operator Saunalahti, which had been mostly owned by Novator. Novator tried to revamp Elisa in December 2007, but was opposed by Finnish institutions such as Varma Mutual Pension Insurance Company. In October 2008, during the Icelandic 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. [13]
On 27 June 2018 Elisa launched the world's first commercial 5G network in the Finnish city of Tampere and in the Estonian capital of Tallinn. [14]
Elisa had previously founded Elisa Automate, a startup focused on automating network using artificial intelligence. Polystar was merged with it, resulting in Elisa Polystar [15] In March 2020 Elisa acquired a majority of US-based CalcuQuote [16] and in 2021 a share of Italian-based SedApta [17] and lated during the year majority share of Belgian-based Tenforce.
In April 2022 Elisa acquired Slovak-based FRINX [18] and in August Cardinality Ltd [19] At the end of 2022, Elisa's 5G network had population coverage of 86% in Finland and 70% in Estonia [20]
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 a Distributed 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 [21]
Nokia is a town in Finland. It lies on the banks of the Nokianvirta River, part of the Kokemäki River, in the Pirkanmaa region, about 15 kilometres (9 mi) west of Tampere. The population of Nokia is approximately 36,000, while the metropolitan area has a population of approximately 417,000. It is the 33rd most populous municipality in Finland, and the second largest in the Pirkanmaa region after Tampere.
Fiskars Oyj Abp is a Finnish consumer goods company founded in 1649 in Fiskars, a locality now in the town of Raseborg, Finland, about 100 kilometres (62 mi) west of Helsinki. Fiskars' global headquarters are located in the Arabianranta district of Helsinki.
Radiolinja was a Finnish GSM operator founded on September 19, 1988. On March 27, 1991, the world's first GSM phone call was made on Radiolinja's network. The network was opened for commercial use on July 1, 1991.
Konecranes Oyj is a Finnish company, headquartered in Hyvinkää, which specializes in the manufacture and service of cranes and lifting equipment as well as the service of machine tools.
Ahlstrom Oyj is a manufacturer of fiber-based products. Renewable fibers represent about 95% of Ahlstrom's total fiber use.
DNA Oyj (DNA) is a Finnish telecommunications company. It was founded in 2000, and refounded in 2007 after a merger.
Ooni is an outdoor pizza oven company based in Edinburgh, Scotland. The ovens are designed in Scotland but made in China. Ooni launched the world's first portable wood-pellet fired pizza oven in 2012. Ooni specialises in high-temperature outdoor pizza ovens for residential customers.
Efecte Plc is a Finnish software company founded in 1998. Since 2024, it has been owned by Matrix42.
Biohit Oyj is a Finnish company which develops, manufactures, and markets biotech and diagnostics products for use in research and health care.
Taaleri Plc is a Finnish investment and asset management group concentrated on renewable energy and other alternative investments. The company is listed on Nasdaq Helsinki.
LocalBitcoins was a peer-to-peer bitcoin exchange platform based in Helsinki, Finland.
Tekniikka&Talous is a Finnish language web service and news magazine focusing on innovations published in Helsinki, Finland.
Mika Lauri Aarnikka is a Finnish sailor and sales executive. He competed in multiple sailing events at the 1992 and 1996 Summer Olympics.
Space Systems Finland (SSF) is a Finnish software and systems engineering company. Since its founding in 1989, the company has developed software and systems for several European Space Agency spacecraft.
Orthex Oyj is a Finnish company that manufactures and markets plastic household products such as storage boxes, kitchenware and utensils. Orthex has manufactured some of the very common items in Finnish homes. In the example over 8 of 10 households owned the Orthex freezer box Jäänalle and the 10-liter bucket according to a survey conducted by Ilta-Sanomat in 2019. Orthex's classic sled was described as the most common kids sled over the years by Helsingin Sanomat in 2005.
Solar Foods is a producer of single cell protein founded in 2017.
Pekka Lundmark is a Finnish business executive, and the President and CEO of Nokia. Previously, he was CEO of Fortum, a Finnish state-owned energy company, from 2015 to July 2020.
Katja Keitaanniemi is the CEO of OP Corporate Bank, which is the most significant subsidiary of OP Financial Group. According to Corporate Finance Institute, OP Corporate Bank is among the top corporate banks in Finland. Keitaanniemi has been on the list of Finland's most powerful female executives by the business weekly Talouselämä in 2020, 2021, 2022 and 2023.
Anssi Markku Kaleva Vanjoki is a Finnish businessman who was Executive Vice President of Nokia Corporation and member of the Executive Board from 1998 to 2010.) Vanjoki is the director of Rantakesä-RKBS Oy, which provides business management consulting services, and the CEO of Aqsens Oy, which manufactures measurement, testing and navigation equipment. He serves on the board of the Järvelä-based wood processing company Koskinen and the Helsinki-based patent company Atacama Labs Oy. In addition, Vanjoki has served as the chairman of the board of Amer Sports, on the boards of the Oulu earlight company Valkee Oy and the Basware software company from Espoo. Vanjoki has served as chairman of the board of Oriola in 2015–2020 and chairman of the board of Elisa since 2019.