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Elisa rides out Covid-19 storm

July 16, 2020 09.41 Europe/London By Chris Dziadul

Elisa ended the second quarter with a total of 204,000 subscribers to its cable and DTT terrestrial services in Estonia.

This, according to the company’s latest set of results, was slightly down on the 206,000 posted in the corresponding period last year. While the number of DTT subscribers remained constant at 87,000, cable customers fell from 119,000 to 117,000. Meanwhile, the number of fixed broadband customers rose from 96,000 to 98,000 over the same period.

In Finland, Elisa ended the second quarter with 520,000 cable subscribers, up from 495,000 a year earlier. Its fixed broadband subscriber total fell by 2,000 during the year to June 30 to 592,000.

Elisa Group as a whole had revenues of €461 million in Q2, up from €452 million a year earlier. Its EBITDA rose from €164 million to €168 million over the same period.

In Estonia, the company’s revenuers in Q2 amounted to €43.1 million, a 2% increase on a year earlier.

Elisa says it plans to continue developing its cable network and consolidate its mobile data exchange network in preparation for the launch of 5G in Estonia.

It also plans to build hundreds of more kilometres of fibre-optic lines to offer super-fast internet access to more Estonians.

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Filed Under: Central & East Europe, Newsline Tagged With: Elisa, Estonia, Finland Edited: 16 July 2020 09:41

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About Chris Dziadul

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