Elisa Oyj

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"HPY" redirects here. For the airport, see Baytown Airport.
Elisa Corporation
Type Public (OMXELI1V)
Founded 1882
Headquarters Flag of Finland Helsinki, Finland
Key people Risto Siilasmaa (Chairman of the board), Veli-Matti Mattila (President and CEO)
Industry Telecommunication services
Products Retail and Wholesale fixed-line and mobile telecommunications services, Internet services
Revenue €1.568 billion (2007)[1]
Profit €220 million (2007)[1]
Employees 3,015 (2007)[1]
Website www.elisa.com/english

Elisa Oyj (Elisa) is a Finnish telecommunications company founded in 1882 (known until July 2000 as HPY or Helsingin puhelinyhdistys). Elisa Oyj employs about 5000 people. The company's revenue for 2005 was about €1.34 billion. Mobile operations of Elisa were known as Radiolinja before. Elisa works together in co-operation with Vodafone.

Until 2000 Elisa was a telephone cooperative. HPY got started on the 6th of June 1882, by connecting 56 phone numbers. By 1884 the number of yearly calls surpassed one million. HPY started expanding during the 1930s by merging with smaller cooperative telephone operators. The company reached its current geographical operating field in 1958. The original form of incorporation, a mutual association, was changed to a legal cooperative (Helsingin puhelinosuuskunta) in 1995. The cooperative was finally demutualized in 2000.

The world's first GSM call was made in Finland with Radiolinja's GSM-network on March 27, 1991.

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[edit] References

  1. ^ a b c Annual Report 2007. Elisa. Retrieved on 2008-04-11.

[edit] External links