# Elisa Oyj > Clarifo company profile — qualitative business description generated from > the company's filings. Financial statements, charts and ratios are > available on Clarifo (https://www.clarifo.com/en/companies/elisa). ## Overview Elisa is a Finnish telecommunications company that provides a wide range of digital services and solutions. It operates primarily in Finland and Estonia, offering mobile and fixed network services to both consumer and business customers. Elisa is also expanding its international software services under the brand Elisa Industriq, focusing on AI-based solutions for industries like telecommunications and manufacturing. The company is known for its strong emphasis on digital security and innovation, including the deployment of advanced fiber networks and 5G technology. ## Products & services • Mobile and fixed network services • Digital security solutions • International software services • Fiber network and 5G deployment • IT and cyber services for businesses • Entertainment and home services - **Mobile Services** (59%) — Includes mobile network services for consumers and businesses. - **Fixed Network Services** (41%) — Comprises fixed broadband and telephony services. - **International Software Services** (10%) — AI-based software solutions for global industries. - Mobile and fixed network services - Digital security solutions - International software services - Fiber network and 5G deployment - IT and cyber services for businesses - Entertainment and home services ## Customers Elisa serves a diverse customer base, including individual consumers and businesses across various sectors. In Finland, it is a trusted partner for digitalization among local enterprises, providing essential IT and cybersecurity services. The company also caters to international clients through its software services, offering solutions that enhance operational efficiency. Consumers benefit from Elisa's mobile and fixed network services, as well as digital security and entertainment offerings. The company's focus on innovation and customer satisfaction drives its engagement with both existing and new customer segments. - **Consumer Market** (primary) — Mobile and broadband services for individuals in Finland and Estonia. - **Business Market** (primary) — IT and cybersecurity services for Finnish enterprises. - **International Software Clients** (emerging) — AI-based solutions for global industries. - Finnish consumers seeking reliable mobile and broadband services - Local businesses requiring IT and cybersecurity solutions - International industries needing AI-based software services - Consumers interested in digital security and entertainment - Enterprises looking for digital transformation partners ## Geography Elisa's primary market is Finland, where it generates the majority of its revenue. The company also has a significant presence in Estonia and is expanding its international reach through its software services. The geographical distribution of its operations allows Elisa to leverage local market expertise while exploring growth opportunities abroad. The company's strategic investments in fiber networks and 5G technology are primarily focused on enhancing infrastructure within Finland. Elisa's international operations are supported by its software services, which cater to clients across Europe and beyond. - **Finland** (83%) - **Europe** (15%) - **Other** (2%) - Primary operations and revenue generation in Finland - Significant presence in Estonia - Expanding international software services in Europe - Focus on enhancing Finnish infrastructure with fiber and 5G - Leverages local market expertise for growth ## Strategy Elisa's strategic priorities include expanding its fiber network and 5G capabilities to enhance connectivity in Finland. The company is also focused on growing its international software services, targeting double-digit organic revenue growth. Elisa aims to maintain its leadership in digital security by continuously innovating its product offerings. The company's strategy involves forming strategic partnerships to accelerate infrastructure development and exploring new markets for its software solutions. These initiatives are designed to support sustainable growth and improve operational efficiency. - **Fiber and 5G Expansion** (medium-term) — To enhance connectivity and service quality in Finland. - **International Software Growth** (long-term) — To achieve double-digit organic revenue growth. - **Digital Security Innovation** (short-term) — To meet growing demand for secure digital services. - Expand fiber network and 5G capabilities in Finland - Grow international software services with double-digit revenue targets - Innovate digital security offerings for enhanced customer value - Form strategic partnerships for infrastructure development - Explore new markets for software solutions ## Risks Elisa faces several risks, including rapid technological changes in the telecommunications industry that could impact its operations. Geopolitical instability and changes in state relations pose risks to its network operations and equipment. The saturated mobile market in Finland limits growth opportunities, while international expansion introduces additional risks. Regulatory changes and tax disputes in its operating regions could also have financial implications. Additionally, global supply chain disruptions and cybersecurity threats present ongoing challenges. - **Technological Changes** [high] — Rapid evolution in telecom technology could impact service offerings. - **Geopolitical Instability** [medium] — State relations changes could restrict network equipment use. - **Market Saturation** [high] — Limited growth potential in Finnish mobile market. - **Regulatory Changes** [medium] — New regulations could affect pricing and require investments. - **Cybersecurity Threats** [high] — Potential disruptions from cyber attacks. - Rapid technological changes affecting telecommunications - Geopolitical instability impacting network operations - Saturated mobile market in Finland limiting growth - Regulatory changes and tax disputes in operating regions - Global supply chain disruptions affecting costs - Cybersecurity threats to network integrity ## Accounting Elisa's financial statements are influenced by several critical accounting matters, including revenue recognition under IFRS 15, which impacts how and when revenue is reported. The company must also manage the seasonality of its business, which can cause fluctuations in quarterly results. Goodwill and intangible asset impairment are significant due to acquisitions in its software segment. Additionally, the company must account for lease obligations under IFRS 16, affecting its balance sheet and income statement. These accounting policies require careful judgment and can significantly impact reported financial results. - **Revenue Recognition** — high - **Seasonality** — medium - **Goodwill Impairment** — high - **Lease Accounting** — medium - Revenue recognition under IFRS 15 affects timing of revenue reporting - Seasonality causes fluctuations in quarterly financial results - Goodwill impairment due to software segment acquisitions - Lease accounting under IFRS 16 impacts balance sheet - Judgment required in accounting policies affecting financial results --- *Last updated: 2026-08-11T04:04:51.934992+00:00*