Eltel signs one-year frame agreement in Finland worth about EUR 32 million

Eltel Finland has signed a one-year continuation to its current agreement with the Finnish telecommunications company Elisa. The contract includes a significant expansion of fibre-to-the-home (FTTH) construction and is worth about EUR 32 million.

With this agreement, Eltel will continue to be Elisa’s partner for mobile and fixed network services in Finland. This includes services such as mobile and fixed network planning, construction, installation and maintenance. Eltel will also construct FTTH networks for Elisa on a turn-key basis. The extension is valid for a year from now.

Overall, this agreement strengthens Eltel's partnership with Elisa and solidifies the company’s position in the Finnish telecom market.

For further information:

Juha Luusua, Managing Director, Eltel Finland
Phone: +358 40 311 3005, juha.luusua@eltelnetworks.com

Elin Otter, Director, Communications and Investor Relations

Phone: +46 72 595 4692, elin.otter@eltelnetworks.com

About Eltel

Eltel is a leading service provider for critical infrastructure that enables renewable energy and high-performing communication networks. Eltel designs, plans, builds and secures the operation of networks for a more sustainable and connected world today and for future generations. In total, we have about 5,000 employees and in 2022 the annual sales was EUR 823.6 million. The head office is located in Sweden and Eltel's shares have been listed on Nasdaq Stockholm since 2015. Read more at www.eltelnetworks.com.