Elisa: five in to one will go

28 Oct 2003

Elisa’s board of directors have announced plans to merge five of its subsidiaries – Radiolinja, ElisaCom, Elisa Networks, Riihimaen Puhelin and Soon Net – into Elisa Communications by 1 July 2004. The aim of the amalgamation is to simplify the Elisa Group’s corporate structure, allowing it to streamline operations and remove structural overlaps. The changes will result in the loss of 900 of its 7,300 staff.