ELISA on Nasdaq Helsinki Ltd

Elisa

Logo: Grow, Public domain, via Wikimedia Commons4

Finnish telecommunications company

Elisa Corporation (natively Elisa Oyj) is a Finnish telecommunications company founded in 1882. It was called HPY (Swedish: HTF) until July 2000. The mobile operations of Elisa were previously known as Radiolinja.2 It was founded by Daniel Wadén.1 Its chief executive is Topi Manner (since 2024).1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

Jan 31, 1882Founded1

Compare with another stock.

  • TickerELISA on Nasdaq Helsinki Ltd1
  • Industrymobile phone industry, telecommunications industry1
  • HeadquartersHelsinki1
  • Founded inHelsinki1
  • Websitewww.elisa.com
  • Legal formosakeyhtiö1
  • LEI743700TU2S3DXWGU7H323
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressPL 1, FI-00061 Elisa, Finland3
  • Registered withFinnish Patent and Registration Office, 0116510-63

Elisa Corporation (natively Elisa Oyj) is a Finnish telecommunications company founded in 1882. It was called HPY (Swedish: HTF) until July 2000. The mobile operations of Elisa were previously known as Radiolinja.2

Corporate structure

Elisa sits at the top of its group. 11 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Elisa Helsinki, Finland
    • Elisa Eesti 100% · Tallinn, Estonia
    • Fonum Subsidiary
    • Saunalahti Subsidiary · Finland
    • Starman Subsidiary · Tallinn
    • Elisa Santa Monica Oy Subsidiary · 100% · Helsinki, Finland
    • Fenix Solutions Oy Subsidiary · 100% · Turku, Finland
    • camLine GmbH Subsidiary · Petershausen, Germany
    • Elisa Esports Subsidiary · Finland
    • ELISA INDUSTRIQ ITALY S.P.A. Subsidiary · Genova, Italy
    • SEDAPTA S.R.L. Subsidiary · Genova, Italy

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Elisa reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by Daniel Wadén on Jan 31, 1882, in Helsinki.1

Elisa was originally established on 31 January 1882 by the electrical engineer Daniel Wadén as a telephone cooperative called the Helsinki Telephone Association (Finnish: Helsingin puhelinyhdistys, HPY, Swedish: Helsingfors telefonförening HTF). 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 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.

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.

Elisa had previously founded Elisa Automate, a startup focused on automating network using artificial intelligence. Polystar was merged with it, resulting in Elisa Polystar In March 2020, Elisa acquired a majority of US-based CalcuQuote and in 2021 a share of Italian-based sedApta and later during the year majority share of Belgian-based Tenforce.

In April 2022, Elisa acquired Slovak-based FRINX and in August Cardinality Ltd. At the end of 2022, Elisa's 5G network had population coverage of 86% in Finland and 70% in Estonia.

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.

Read the full text

On the evening of 25 December 2024, authorities were informed of disturbances in four telecommunications cables leaving Finland, with two Elisa cables being completely cut.

From Wikipedia’s article on Elisa (company), shared under CC BY-SA 4.0.5

Leadership

Who has led Elisa, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Topi Manner2024–now
197019801990200020102020

Subsidiaries and ownership

Subsidiaries

Also owns

From Wikidata.1

Acquisitions

  1. Dec 13, 2016Acquired Starman1
  2. 2013Acquired Sulake Corporation1
  3. 2005Acquired Saunalahti1

Timeline

  1. 2024New chief executive Topi Manner becomes CEO1
  2. 1997Went public Listed on Nasdaq Helsinki Ltd1
  3. Jan 31, 1882Founded Founded in Helsinki1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5