Estonia: Telecom providers report drop in revenues in 2024

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…

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Estonia: Chinese cargo ship suspect in gas pipeline, data cable damage

Finnish authorities announced that the prime suspect in the damage to the Balticconnector gas pipeline between Finland and Estonia is the Chinese cargo ship, NewNew Polar Bear, YLE reports. The damage to the gas pipeline and Finnish and Swedish telecommunications companies Elisa’s and Arelion’s data cables coincided with the ship’s journey, Reuters reported. The Finnish…

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Estonia: Russia suspected of attacking Balticconnector gas pipeline: Finnish media

Finnish authorities suspect that Russia attacked the Balticconnector gas pipeline between Finland and Estonia, Finnish daily Iltalehti reports. The undersea pipeline in the Gulf of Finland was closed due to a leak on 8 October 2023. At the same time, telecommunications operator Elisa’s data cable between Finland and Estonia was damaged as well, ERR reports. Finnish…

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