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Farice picks SubCom to supply and install fibre for Iris submarine cable from Iceland to Ireland in 2022

Published 06 Apr 2021 12:52 CET | Iceland, Ireland

SubCom and Farice have announced a contract for the supply and installation of Iris, a new, high-speed undersea cable system connecting Iceland with Ireland. Cable and ...

Siminn changes term of services from May

Published 02 Apr 2021 12:28 CET | Iceland

Icelandic operator Siminn said it will be changing several terms of service on 01 May 2021, notably for its telephone and television services, for Heimilispakki (Home ...

Siminn owns 31 million own shares after capital reduction

Published 01 Apr 2021 12:35 CET | Iceland

Icelandic operator Siminn has announced that on 31 March, its total equity capital had a nominal value of ISK 7.54 billion, with one vote attached to each share. The company ...

Syn agrees towers sale and lease-back, sells stake in Faroese associate

Published 01 Apr 2021 09:51 CET | Faroe Islands, Iceland

Vodafone Iceland parent company Syn said it has signed an agreement for the sale and leaseback of passive mobile infrastructure to international investors, which it did not ...

Icelandic PTA proposes rise in monthly fees for Mila wholesale tariff for trunk segments of leased lines

Published 29 Mar 2021 13:25 CET | Iceland

Iceland's Post and Telecom Administration (PTA) has sent a draft decision regarding the revision of Mila's wholesale tariff for trunk segments of leased lines to the EFTA ...

Siminn says Icelandic competition body clears sale of IT unit Sensa to Crayon of Norway

Published 18 Mar 2021 12:21 CET | Iceland, Norway

Icelandic operator Siminn said the Competition Authority has declared that it sees no reason to take any action against Siminn's sale of its Sensa IT subsidiary to Norwegian ...

Siminn announces price increases for Spotify Premium in April

Published 02 Mar 2021 12:19 CET | Iceland

Icelandic operator Siminn has announced an increase in the price of Spotify Premium from 01 April. An individual account subscription will go up by ISK 150 to ISK 1,700 per ...

Syn says pandemic prevented FY net profit as Q4 revenue rises 10%

Published 25 Feb 2021 12:22 CET | Iceland

Vodafone Iceland's parent company, Syn, said that without the pandemic hitting roaming and advertising revenue, it would have reported a net profit in FY 2020 instead of the ...

Siminn lifts Q4 revenue and EBITDA as Mila connects 10,000 more homes to fibre in FY

Published 19 Feb 2021 12:49 CET | Iceland

Icelandic operator Siminn expressed satisfaction with its results in the fourth quarter of 2020, a year in which the pandemic meant that roaming income largelyy disappeared ...

Icelandic government to hand out grants for rural fibre connectivity

Published 03 Feb 2021 13:56 CET | Iceland

The Icelandic government said telecoms regulator PTS will be allocating grants on its behalf to municipal councils under the national rural fibre-optic connectivity project, ...

Siminn reports DDoS attack hitting television service on 30 January

Published 03 Feb 2021 12:38 CET | Iceland

Icelandic operator Siminn has reported a DDoS attack that disrupted its television service on 30 January, hitting Saturday evening viewing. There were no disruptions to ...

NENT gains rights to show Icelandic football in UEFA's first exclusively VoD deal

Published 02 Feb 2021 13:50 CET | Iceland

Nordic Entertainment Group (NENT) said it has signed an agreement with UEFA to become the exclusive distributor of Icelandic men's national team (Strakarnir Okkar) games from ...

NENT, Syn share UEFA Champions League rights for Iceland

Published 21 Jan 2021 12:41 CET | Iceland

Nordic Entertainment Group (NENT) said it will show live UEFA Champions League football on its Viaplay streaming service in Iceland from the 2021/2022 season. Under a ...

Siminn says FY EBITDA could beat outlook as appeals committee reduces fine

Published 14 Jan 2021 13:28 CET | Iceland

Icelandic operator Siminn said the Competition Appeals Committee has partially repealed a decision by the Competition Authority and has reduced the fine imposed on the ...

Neydarlinan to power Emergency Communications System in Reykjavik with GenCell system

Published 13 Jan 2021 09:47 CET | Iceland

Icelandic telecom services provider Neydarlinan has inked a new deal with GenCell Energy, for the provision of green energy systems. Neydarlinan operates the 112 national ...

Syn says investors complete due diligence on passive mobile infrastructure

Published 21 Dec 2020 12:42 CET | Iceland

Vodafone Iceland parent company Syn said the investors with which it has been negotiating have completed due diligence concerning Syn's passive infrastructure, with a view to ...

Crayon agrees to buy Sensa from Siminn for ISK 3.25 bln

Published 11 Dec 2020 11:54 CET | Iceland

Norwegian company Crayon said it has agreed to purchase Icelandic IT services provider Sensa from Siminn in a transaction worth ISK 3.25 billion. Crayon said this will ...

Siminn raises home telephony prices in January

Published 02 Dec 2020 14:03 CET | Iceland

Icelandic operator Siminn has announced a rise in home telephony prices of ISK 200 from 01 January 2020. The Unlimited Home Phone subscription rises to ISK 2,700 from ISK ...

Vodafone Iceland CTO retires

Published 01 Dec 2020 11:57 CET | Iceland

Syn has announced the retirement of Vodafone Iceland chief technology officer  Kjartan Briem at the turn of the year. The company thanked him for his contribution. It did not ...

Icelandic telecoms and finance sectors suffer DDoS on 09 November

Published 17 Nov 2020 14:34 CET | Iceland

Icelandic communications regulator PTA said that a distributed denial of service (DDoS) attack 09 November affected Iceland's financial sector. The attack had consequences ...

Icelandic committee overrules PTS decision over Siminn OTT distribution

Published 17 Nov 2020 13:17 CET | Iceland

Icelandic communications regulator PTS said the Appellate Committee for Electronic Communications and Postal Affairs has repealed a decision by PTS last year concerning the ...

Icelandic regulator extends wholesale fixed access markets consultation until 27 November

Published 10 Nov 2020 11:44 CET | Iceland

Icelandic telecoms regulator PTA said it is extending its consultation regarding its analysis of the wholesale markets for local fixed line access and central fixed line ...

Syn lifts Q3 revenue but EBITDA falls, aims for better FY EBITDA margin and cash flow

Published 05 Nov 2020 12:29 CET | Iceland

Vodafone Iceland parent company Syn reported an increase in revenue but a fall in EBITDA year on year in the third quarter of 2020. It still aims to improve its EBITDA margin ...

Siminn restricts physical shop services as national Covid-19 rules tighten

Published 02 Nov 2020 14:09 CET | Iceland

Icelandic operator Siminn has announced changes to the ways that its shops deal with customers, following the introduction of more stringent measures to combat the spread of ...

Icelandic regulator PTA seeks comments on changes to wholesale fixed access proposals

Published 30 Oct 2020 15:11 CET | Iceland

Icelandic telecoms regulator PTA said it is making limited changes following a consultation to its market analysis of the wholesale markets for local fixed line access, and ...