Elisa

What Elisa does

Elisa Oyj is a Finnish public telecommunications and digital services company founded in 1882 and headquartered in Helsinki, listed on Nasdaq Helsinki (ELMUY on OTC). The company operates through three business segments: consumer telecom services in Finland and Estonia (mobile, broadband fiber/5G, streaming via Elisa Viihde, cybersecurity via Elisa Tietoturva), enterprise and public-sector solutions (managed cybersecurity operations centers, network management, private 5G, ICT), and international digital services and software (Elisa Polystar for telecom network analytics and Elisa Industriq for industrial AI/automation, sold in over 100 countries).

Its core technology stack spans 5G and fiber networks, 100G PON high-speed connectivity deployed with Nokia, distributed acoustic sensing (DAS) for subsea cable monitoring, and AI-driven network automation built on Google Cloud's Vertex AI and Gemini models. The product portfolio is supported by a self-service platform (OmaElisa app), a three-tier loyalty program (Elisa Etuohjelma), and sub-brands including Elisa Kotiturva, Elisa Laitenetti (IoT), Elisa Mobiilivarmenne, and Elisa Valokuitu. Subsidiaries TenForce (acquired 2021) and sedApta Group (acquired October 2024) extend Industriq into manufacturing and Industry 4.0 software.

Revenue is generated primarily through recurring monthly consumer subscriptions (€0.99–€34.99/month for mobile, €20–€40/month for home broadband), multi-year B2B managed-service contracts, hardware/device sales through owned retail and dealer networks (R-kioski, S-Group, K-Group, Shell, St1), and subscription/enterprise software licenses. FY2025 revenue was €2.3 billion across 2.8 million+ consumer and enterprise customers in Finland and Estonia plus international software customers in 100+ countries. Recent strategic emphasis is shifting toward higher-margin software exports, AI-native network operations, and a €40M annual cost-savings workforce restructuring program announced in late 2025.

Name

Elisa

Legal name

Elisa Oyj

Website

https://elisa.fi

Company type

Public

Founded year

1880

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Elisa Oyj is a Finnish public telecommunications and digital services company serving 2.8M+ consumer and enterprise customers in Finland and Estonia with mobile, broadband, and cybersecurity, while exporting AI-driven network analytics (Polystar) and industrial automation software (Industriq) to operators and manufacturers in 100+ countries.

Ownership category

akta.pro rank

Product category

Telecommunications Services

NAICS

Telecommunications (517), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (51621), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Communications Services, Nec (4899), Services-Computer Programming, Data Processing, Etc. (7370), Cable & Other Pay Television Services (4841)

akta.pro primary industry

In-Building Wireless & Neutral-Host Solutions (IBS) (HDAIAKAD)

akta.pro secondary industries

AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI) (HDAEANAI), AI Observability, Monitoring & Evaluation Platforms (Drift, Quality, Safety) (HDAEANAF), Data Engineering, Integration & ETL/ELT Services (BPAEAHAB)

Keywords

• Telecommunications services
• Mobile broadband subscriptions
• Enterprise cybersecurity services
• Network analytics software
• Streaming entertainment platform

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Consumer Telecom Services: Revenue from mobile subscriptions, broadband (fiber, 5G, cable), and prepaid services sold to individual consumers in Finland and Estonia through retail, e-commerce, and direct sales.
2. Enterprise and Government B2B Services: Revenue from B2B connectivity, cybersecurity services, network management, and ICT solutions for corporate and public sector customers in Finland and Estonia, including multi-year managed services contracts.
3. International Digital Services and Software: Revenue from international software products and digital services including Elisa Polystar (network analytics for telecom operators globally) and Elisa Industriq (industrial AI solutions). Software products are sold to other operators and industrial companies worldwide.
4. Entertainment and Streaming Services: Revenue from Elisa Viihde streaming platform and partnerships with Disney+, HBO Max, SkyShowtime, Viaplay, Ruutu+, and BookBeat. Services sold as add-ons to consumer subscriptions.
5. Cybersecurity Services: Revenue from consumer and enterprise cybersecurity offerings including Elisa Tietoturva (VPN, antivirus, identity protection) and managed cybersecurity operations centers for enterprise clients (e.g., Valmet, Lumene).
6. Device and Hardware Sales: Revenue from sales of mobile devices (phones, tablets, wearables), home networking equipment, and IoT devices through retail and e-commerce channels.

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels7 records

Core offering

Elisa provides mobile and broadband connectivity (5G, fiber, cable), streaming entertainment, cybersecurity, IoT connectivity, and enterprise ICT services to consumers, businesses, and government customers in Finland and Estonia. Internationally, it sells proprietary network analytics software (Elisa Polystar) and industrial AI solutions (Elisa Industriq) to telecom operators and industrial companies worldwide. The company operates Finland's most extensive fiber network reaching 4.4 million addresses.

Product overview

Elisa is a Finnish telecom and digital services company organized into three business segments: Consumer services (mobile and broadband connectivity plus streaming entertainment), Enterprise and public sector solutions (cybersecurity, network management, IoT), and International software services (Elisa Polystar for network automation and Elisa Industriq for AI-driven manufacturing). The product portfolio centers on mobile and broadband internet access via 5G, fiber, and fixed wireless, augmented by streaming entertainment (Elisa Viihde), security services (Elisa Tietoturva, Elisa Kotiturva), IoT connectivity (Elisa Laitenetti), enterprise software (Polystar, Industriq), customer self-service (OmaElisa), and device accessories. The company also develops and commercializes internal tools as exportable software products for global telecom and industrial markets.

Differentiator

Problem solved

Functional benefit

Brands

• Elisa Viihde: Streaming entertainment service offering movies, series, sports, and TV channels
• Elisa Tietoturva
• Elisa Etuohjelma
• OmaElisa
• Aito 5G
• Elisa Polystar
• Elisa IndustrIQ
• Elisa Kotiturva
• Elisa Kotiverkko
• Elisa Laitenetti
• Elisa Mobiilivarmenne
• Elisa Valokuitu
• 5G Kotinetti

Products and services

• Mobile Subscriptions
• Broadband (Home Internet)
• Elisa Viihde
• Elisa Tietoturva
• Elisa Polystar
• Elisa Industriq
• Elisa Prepaid
• Elisa Laitenetti (IoT Connectivity)
• Elisa Kotiturva
• Elisa Mobiilivarmenne
• 5G Kotinetti
• Enterprise Cybersecurity Services
• AI-Driven Autonomous Network Operations
• Distributed Acoustic Sensing (DAS) for Subsea Cable Monitoring
• Caller ID Spoofing Prevention

Quantifiable outcome

• Reduced technical support scam profits from €7M annually to a few thousand euros following nationwide deployment of caller ID spoofing detection in Finland
• +4 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability7 records

Feature5 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Finnish Navy, Border Guard, Fingrid, Gasgrid Finland, Geological Survey of Finland, University of HelsinkicoreStrategic or Co-development Partner · 6 June 2026Elisa developed and deployed Distributed Acoustic Sensing (DAS) technology on its undersea cables in cooperation with the Finnish Navy, Border Guard, Fingrid, Gasgrid Finland, Geological Survey of Finland, Naval Academy, and University of Helsinki's Institute of Seismology. The automated system alerts authorities and critical infrastructure owners during exceptional situations, addressing submarine cable sabotage threats in the Baltic Sea.
• Teleste NetworkscoreTechnology or Integration · 16 May 2026Elisa Industriq subsidiary entered a technology partnership with Teleste Networks to develop AI-driven automation solutions for cable network operators. The collaboration combines Teleste's cable access infrastructure expertise with Polystar's analytics and automation capabilities to help operators improve service quality, automate fault management, and handle rising traffic volumes.
• ValmetcoreStrategic or Co-development Partner · 1 April 2026Valmet and Elisa signed a multi-year agreement for cybersecurity services and a global cybersecurity operations center, expanding their existing collaboration effective April 1, 2026. Elisa provides round-the-clock monitoring of Valmet's digital environment across its 230+ global locations, along with network management and mobile services. The partnership spans over a decade in mobile services and five years in network management.
• Nokia and NVIDIA (AI-RAN)coreStrategic or Co-development Partner · 1 March 2026Elisa joined Nokia's AI-RAN partnership with NVIDIA at MWC 2026, alongside BT Group, NTT DOCOMO, and Vodafone. The collaboration showcased AI-driven radio access network technology combining AI and RAN workloads on shared GPU infrastructure, marking a step toward commercial deployment and AI-native 6G networks.
• Google Cloud (MWC 2026)coreStrategic or Co-development Partner · 27 February 2026Elisa and Elisa Industriq participated at MWC Barcelona 2026 showcasing innovations in energy optimization, autonomous networks, and scam prevention in collaboration with Google Cloud. Demonstrations included AI-driven autonomous networks and new product launches to enhance network resilience and customer trust.
• Lumene GroupminorStrategic or Co-development Partner · 9 February 2026Elisa completed a cybersecurity overhaul for Finnish cosmetics company Lumene Group, providing services including counterfeit identification, 24/7 cyber threat monitoring, DDoS protection, firewalls, and IoT device security. The project protects Lumene's digitalized production facility in Espoo and supports its goal of doubling turnover by end of decade.
• Ooredoo GroupcoreStrategic or Co-development Partner · 3 February 2026Ooredoo Group signed a framework agreement with Polystar (part of Elisa Industriq) to implement advanced analytics solutions for its mobile and broadband networks. The project will replace several existing systems and consolidate analytics into a unified platform, rolling out in three phases. The initiative is expected to enable AI- and machine learning-based insights for network optimization, more efficient operations, and improved customer experience.
• Finnish Reindeer HerdersminorStrategic or Co-development Partner · 6 November 2025Elisa launched a satellite- and mobile network-based reindeer tracking service developed in collaboration with Finnish reindeer herders. The system uses collars with positioning devices providing real-time data and alerts about reindeer location and health to improve herding efficiency and animal welfare.
• Helen (Helsinki Energy Company)minorStrategic or Co-development Partner · 16 July 2025Helen, a major Finnish energy company, partnered with data center operators including Elisa, Equinix, and Telia to integrate their facilities into Helsinki's district heating and cooling network. The partnership supports data centers with cost-effective cooling and clean electricity, leveraging Helsinki's infrastructure.
• Google CloudcoreTechnology or Integration · 17 June 2025Elisa is expanding its AI collaboration with Google Cloud to build autonomous network operations using Vertex AI and Gemini models. This partnership supports Elisa's transformation from a traditional connectivity provider into a software-driven digital platform, enabling AI-driven network optimization and energy efficiency across its infrastructure.
• Nokia CorporationcoreTechnology or Integration · 1 November 2024In November 2024, Elisa partnered with Nokia to deploy high-speed 100G PON (Passive Optical Network) solutions to drive digital transformation across Finland. Nokia also serves as a partner in the AI-RAN initiative with NVIDIA, where Elisa participates alongside BT Group, NTT DOCOMO, and Vodafone to enhance network efficiency and lay groundwork for AI-native 6G networks.
• TenForceminorStrategic or Co-development Partner · 8 September 2021Elisa acquired TenForce, a health and safety software firm, in September 2021 to strengthen its Industry 4.0 portfolio. This acquisition supported Elisa's expansion into enterprise software and industrial digital services.

Scale indicators12 records

Recent moves6 records

Expansion highlights8 records

Direct peers

• Telia Company: Swedish-headquartered telecom operator with overlapping Nordic/Baltic footprint including Finland. Competes directly with Elisa in mobile, broadband, and enterprise services, and pursues a similar transformation into telecom software and managed services.
• DNA Oyj: Finnish mobile and fixed broadband operator owned by Telenor. Direct competitor in the Finnish consumer and enterprise telecom market, sharing the same MNO economics, MVNO pressure, and 5G/fiber capex profile.
• BT Group: UK incumbent telecom operator and AI-RAN partner of Elisa alongside Nokia/NVIDIA. Comparable as a European integrated carrier investing in autonomous networks, cybersecurity, and enterprise services.
• Ooredoo: Qatari-headquartered international telecom group and Polystar customer. Comparable as an operator investing in unified AI/ML-based network analytics, with similar scale and a multi-country footprint.

Broad incumbents

• Telenor: Norwegian telecom group and parent of DNA Finland. Comparable as a Nordic telecom operator pursuing software-driven diversification, with a wider Scandinavian/Asian footprint than Elisa.
• Vodafone: European telecom incumbent and fellow AI-RAN participant. Comparable in scale, enterprise/consumer split, and in transitioning from pure connectivity toward software-defined network services.
• Nokia: Finnish-headquartered telecom equipment vendor and 100G PON / AI-RAN partner of Elisa. Comparable as a Finland-rooted telecom technology business, though operating in the equipment layer rather than as an operator.
• Ericsson: Global telecom equipment and software vendor selling into the same operator customers as Elisa Polystar. Comparable as a supplier of network analytics and AI-driven automation to telecom operators worldwide.
• Siemens Digital Industries: Industrial software and automation vendor comparable to Elisa Industriq's industrial AI and manufacturing operations software. Operates as a much larger incumbent in the same target market for Industry 4.0 solutions.

Regional players

• Tele2: Swedish-based telecom operator focused on mobile and broadband across the Nordics and Baltics. Comparable in scale and product mix but with a heavier weighting to the Swedish market rather than Finland.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/elisa
• Xx.com/elisaoyj
• Facebookfacebook.com/elisasuomi

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries4 records

Funding overview

Funding rounds5 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A8 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elisa