News Summary:
On August 14, 2026, Elisa, a telecoms and digital services provider in Estonia, acquired PRO IT Teenused, a provider of network solutions. Elisa stated this acquisition aims to expand its portfolio of business customer services and strengthen its expertise in IT services and mission-critical network solutions. Earlier, on August 6, Elisa secured a contract from Oulu City Council to operate, maintain, and develop fixed and wireless local area network (LAN) and core telecom services, including lifecycle management for approximately 4,400 network devices. This agreement intends to ensure the municipal network evolves with the city's services, user numbers, information security, and technology. Previously, on July 23, Ookla recognized Elisa with Speedtest Awards for the fastest and best 5G network in Estonia during the first half of the year, citing a median download speed of 338.91 Mbps. Elisa stated its ongoing investment in 5G network development targets 99% population coverage in Estonia by year-end. This follows Elisa's strategic move on July 20 to capitalize on Finland's expanding data center market, with CEO Topi Manner identifying data center connectivity as a significant long-term growth driver, having secured initial deals in this new business during the second quarter.
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