Eltel secures EUR 60 million long-term network deal with Elisa

Eltel AB ( (SE:ELTEL) ) just unveiled an update.

Eltel has signed a new framework agreement with Elisa, Finland’s leading telecommunications and digital services operator, securing work on mobile and fixed network services in selected regions through 2029. The deal, valued at about EUR 60 million and starting on 1 May 2026, reinforces Eltel’s role as a key contractor to Elisa and underpins its order book and position in the Nordic communications infrastructure market.

Under the agreement, Eltel will deliver network design, construction, installation and maintenance services, broadening its scope as a strategic partner in Elisa’s network development. The long-term nature of the contract provides Eltel with enhanced revenue visibility and supports its ambition to remain a central player in critical telecom infrastructure, a key pillar of the region’s ongoing digitalization.

More about Eltel AB

Eltel AB is a leading Nordic service provider for critical infrastructure, focusing on high-performing communication and power networks as well as renewable energy solutions. With around 4,000 employees across the Nordics, Germany and Lithuania, the Sweden-headquartered group supports the digitalization and electrification of society and is listed on Nasdaq Stockholm, reporting EUR 817.8 million in net sales in 2025.

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Technical Sentiment Signal: Buy

Current Market Cap: SEK1.52B

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