Elisa Oyj

Alphabet, Google's parent company, plans to invest at least 13 billion in Finland within two years, marking its largest European commitment. The project includes building at least three data centers in Kajaani, Muhos, and Vaala, and expanding its Hamina facility. Finland's cold climate reduces cooling needs, and its carbon-free electricity supports cleaner computing expansion. The investment could support more than 37,000 Finnish jobs during construction and about 7,000 once operational. Google Chief Investment Officer Ruth Porat said the company is proud to deepen its roots in Finland with its largest single investment in Europe. The scale aligns with Alphabet's broader spending acceleration, as it raised its 2026 capital-expenditure forecast to as much as $205 billion. Energy arrangements include a new wind-power agreement, a 94-megawatt battery-storage system at Kajaani, and a 22-year power-purchase agreement with Finnish utility Fortum covering 2030 through 2049, which will represent 50% of the capacity from Fortum's two-reactor Loviisa plant. Elisa and Nokia will provide telecommunications and network infrastructure.

Elisa Oyj reported a 1.4% increase in comparable EBITDA to EUR 201 million for the second quarter of 2026, with revenue essentially flat at EUR 551 million. The comparable EBITDA margin reached 36.5%, supported by cost measures, while fixed service revenue grew 2.2% and telecom service revenue declined 0.7%. Mobile postpaid subscriptions rose by 21,000, including 15,000 related to IoT and M2M, and postpaid churn normalized to 16.7%. The company announced a quarterly dividend of EUR 0.60 per share payable on July 29 and noted that its large-scale data center connectivity business has begun with first major deals signed.

Elisa has achieved Microsoft verified Managed Extended Detection and Response solution status. The status confirms that Elisa's MXDR services, which include a Security Operation Center with 24/7/365 proactive hunting, monitoring, and response capabilities, are tightly integrated with the Microsoft Security platform and have been verified by Microsoft engineers. Elisa Vice President of Cybersecurity Business Sakari Pihlhjerta said the achievement is a logical next step after joining the Microsoft Intelligent Security Association last year. Microsoft CVP Rob Lefferts noted that the solution closely integrates with Microsoft 365 Defender and Microsoft Sentinel and provides comprehensive service coverage across the Microsoft Security portfolio.

Time magazine and Statista have named Elisa to their list of the world's 100 most sustainable companies for the third year in a row. The ranking, which evaluates 5,800 companies from 43 countries and 20 industries, placed Elisa 61st overall and second among three Finnish firms on the top 100 list, behind Nokia. Companies are assessed on more than 20 indicators including sustainable business practices, commitments, and transparency in reporting. CEO Topi Manner highlighted Elisa's efforts in combating cyber threats, advancing digital skills, improving power grid reliability, accelerating device recycling, and targeting net zero by 2040, while its Elisa Industriq software business helps customers cut energy use and waste.