Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Elisa Oyj is a Finnish publicly listed telecommunications and digital services company operating primarily in the telecommunications, digital services, and software-based business solutions industries. The company provides mobile and fixed-line connectivity, digital consumer services, and enterprise solutions, with revenues primarily driven by mobile subscriptions, broadband services, and software-based offerings for businesses and public sector customers. Elisa serves consumer, corporate, and public-sector customers, with a strong emphasis on data-driven services and automation.
Founded in 1882 as Helsingin Telefooni, Elisa has evolved from a regional telephone operator into a modern digital services provider. The company is recognized for its early adoption of mobile technologies, high network quality, and operational efficiency, particularly through extensive use of automation and artificial intelligence. Elisa’s strategic positioning emphasizes sustainable growth, high capital efficiency, and technological leadership in advanced mobile networks.
Business Operations
Elisa’s operations are organized around core business segments that include Mobile Services, Fixed Network Services, and Digital Services. Revenue is primarily generated through recurring subscription fees, data usage, IT and software service contracts, and value-added digital services. The company operates nationwide mobile and fixed networks in Finland and provides telecom services in Estonia through Elisa Eesti AS.
In addition to connectivity, Elisa controls proprietary platforms and technologies related to network automation, AI-driven analytics, and cloud-based software services. Key subsidiaries include Elisa Eesti AS, which manages Estonian telecom operations, and Elisa Videra, which delivers international video conferencing and collaboration solutions. Elisa also maintains long-term technology partnerships with major network equipment and cloud service providers to support its infrastructure and service development.
Strategic Position & Investments
Elisa’s strategic direction focuses on profitable growth through digitalization, automation, and scalable international software services. The company has consistently invested in 5G network deployment, AI-enabled network management, and software platforms that can be replicated across markets. Growth initiatives prioritize increasing data usage, expanding enterprise digital services, and improving operational efficiency through automation.
Elisa has pursued selective acquisitions to strengthen its digital services portfolio, including international expansion of Elisa Videra and other software-based offerings. The company is also actively involved in emerging technologies such as advanced analytics, cloud-native software, and intelligent network operations, positioning itself as both a telecom operator and a technology-driven service provider.
Geographic Footprint
Elisa is headquartered in Finland, where it holds a leading market position in mobile and fixed-line communications. The company also operates extensively in Estonia through Elisa Eesti AS, where it is one of the major telecommunications providers. These two markets account for the majority of Elisa’s telecom revenue and infrastructure assets.
Beyond its core Nordic and Baltic presence, Elisa has an international footprint through its digital services and software businesses, particularly Elisa Videra, which serves customers across Europe, North America, and parts of Asia-Pacific. While physical network operations are concentrated in Finland and Estonia, Elisa’s software and digital services have a global customer base.
Leadership & Governance
Elisa is led by an experienced executive team with a strategic focus on long-term value creation, technological leadership, and sustainability. The company emphasizes decentralized decision-making, data-driven management, and continuous improvement as core elements of its leadership philosophy.
Key executives include:
- Topi Manner – President and Chief Executive Officer
- Elina Mattila – Chief Financial Officer
- Sami Komulainen – Chief Operating Officer
- Mikko Heikkilä – Chief Consumer Business Officer
- Timo Uitto – Chief Enterprise and International Business Officer
Elisa’s governance framework aligns with Finnish corporate governance standards and public market requirements, with oversight provided by an independent Board of Directors and transparent reporting practices.