Eniro acquires DA businesses in Finland

Through the acquisitions of the Directory Assistance businesses of Kymen Puhelin Oy, Lännen Puhelin Oy and Oy NovaCall Ab, Eniro will strengthen its market position in the DA business in Finland.

Eniro acquires the Directory Assistance operations of Kymen Puhelin Oy (south-east Finland), Lännen Puhelin Oy (south-west Finland) and Oy NovaCall Ab (cities of Pietarsaari and Lahti with surroundings), for a total amount of 13 MSEK. The combined operating revenues of the acquired operations amounted to 10 MSEK in 2004. Eniro Finland’s EBITDA is expected to be positively effected by approximately 5 MSEK annually.

In Finland, Eniro already operates a nationwide directory assistance service –
Eniro: 0100100 – and a directory assistance service – 118 – for the fixed line subscribers of Elisa in Helsinki, Tampere and Riihimäki regions, Kestel in Jyväskylä and for TikkaCom subscribers in Joensuu and also for the mobile subscribers of Elisa.

Through the acquisitions, Eniro strengthens its market position in directory assistance services in Finland and will produce the 118 directory assistance services also for the subscribers of operators Kymen Puhelin, Lännen Puhelin, Pietersaaren Seudun Puhelin, and Päijät-Hämeen Puhelin.

The acquired operations will be integrated in Eniro as from 1 July, 2005.