Elisa Oyj

XMUN:EIA

Business Description

Sector

Communication Services

Industry

Telecommunication

Headquarters

Finland FI

Employees

5 961

IPO date

Jul 3, 2000

Elisa Oyj is a Finnish telecommunications company that connects people and businesses with mobile subscriptions, fixed broadband, and other communication services. It also sells related services such as data connections, device packages, and enterprise network and IT services. For everyday consumers, it is the company behind the phone and internet connection; for business customers, it is a provider of the network and digital tools they need to run operations.

Elisa makes money mainly from subscription fees and service contracts. Consumers pay for mobile and home internet plans, while companies pay for connectivity, cloud, cybersecurity, and communication services. The company also earns from selling devices and from managing network access and related support services.

What makes Elisa’s business model durable is that telecom is a utility-like service: customers rely on it every day, and switching is inconvenient. Elisa sits in the middle of the digital economy, owning the network links that carry voice, data, and internet traffic. That gives it a recurring, service-based revenue model with long-term customer relationships rather than one-off sales.