The Finland Telecom Market is expected to register a CAGR of 1.19% during the forecast period.
The Finnish telecom market is consolidated, with a few players holding the majority of the market share. Strategic developments such as collaborations, expansions, and acquisitions are growing to sustain the country's competition.
• June 2024: Elisa, a Finnish operator, initiated the construction of its fiber optic network with XGS-PON technology in early June, ushering in the era of 100 Gbps internet connections. Elisa emphasized that this cutting-edge technology boasts superior energy efficiency compared to conventional fiber optic networks. Highlighting a monumental shift, Elisa pointed out that Finland is witnessing its most significant transformation in internet connectivity in decades, with users transitioning from copper-based xDSL broadband to advanced fiber optic and 5G networks. Elisa underscored that XGS-PON technology is poised to underpin future data transmission speeds of up to 100 Gbps.
• June 2024: Elisa, a telecoms specialist, is rolling out battery and PV systems at its base towers in Finland. These systems will enable the implementation of virtual power plant (VPP) optimization, specifically focusing on locally produced solar energy. This initiative comes on the heels of a trial deployment conducted by Elisa in collaboration with Åland Islands' telecoms provider, Ålcom, and the local solar PV company, Solel Åland.
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