Elisa is a pioneer in telecommunications and digital services. We serve approximately 2.8 million consumer, corporate and public administration organisation customers, and have over 6.2 million subscriptions in our extensive network. Cooperation with Vodafone and Telenor, among others, enables globally competitive services. Our core markets are Finland and Estonia, and we also provide digital services for international markets. As a responsible Finnish market leader, our operations are guided by continuous improvement.
Elisa is listed on the Nasdaq Helsinki Large Cap with approximately 185,000 shareholders. In 2018 our revenue was 1.83 billion. Approximately 85 per cent of our revenue comes from telecommunication services for consumer and corporate customers. Fast-growing digital services account for over 15 per cent of the revenue.
Today we employ over 4,800 professionals in Finland and Estonia, and in 13 countries internationally. Main subsidiaries include Elisa Eesti, Elisa Santa Monica, Elisa Videra, Enia, Fonum and Elisa Teleteenused (Starman).
Elisa’s unique strategy generates profit and growth
Finland is advanced in many telecommunication areas, like fixed to mobile migration, as well as mobile data consumption. Elisa has offered unlimited mobile usage since data services were available. Elisa’s pricing model is almost unique. The pricing is based on speed rather than gigabytes. High quality networks and intelligent data management has enabled this model and it has led to highest mobile data usage per customer in the world.
Elisa has made successful strategic choices. In the mobile business Elisa offers unlimited usage and the price is based on transmission speed. Customers appreciate this offering and gradually move to higher speeds, which generate industry leading mobile service revenue growth. We estimate, while our customers move more and more to 4G speeds, high margin mobile service revenue will continue to growth. In the fixed network business the fibre connection are increasing, because they offer higher speed, capacity and quality. Both mobile and fixed services are supported by high quality networks and IT systems.
Elisa focuses also more and more on new digital services, where growth rate is higher than telco services. This portfolio includes e.g. visual communication services, entertainment services and cloud based IT services.