The combined revenues of Estonia’s three largest telecommunications service providers dropped to around EUR 671mn in 2024, ERR reports. Estonia’s leading telecommunications company, Swedish-owned Telia, reported an annual turnover of EUR 359.7mn, which was down 0.4% from 2023. Finnish-owned Elisa’s turnover fell by 1.2% to EUR 223mn in 2024. Swedish-owned TELE2’s turnover amounted to an estimated EUR 88.2mn. Telia’s operating profit (EBIT) dropped by 5.5% to EUR 82mn in 2024, while Elisa’s EBIT rose by EUR 1mn to EUR 45mn. TELE2’s net profit dropped by 1.3% to EUR 761,500.
Read Less, Know More.