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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Icelandic operator Siminn said the Competition Appeals Committee has partially repealed a decision by the Competition Authority and has reduced the fine imposed on the ...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communications regulator PTS said the Appellate Committee for Electronic Communications and Postal Affairs has repealed a decision by PTS last year concerning the ...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 ...

PTA puts draft increase in tariff for Mila wholesale leased line trunk segments out to consultation

Published 29 Oct 2020 13:38 CET | Iceland

The Icelandic  Post and Telecom Administration (PTA) has completed a review of its cost analyses of Mila's wholesale tariffs in the market for trunk segments of leased lines, ...

Siminn mulls appeal after court orders it to pay ISK 111 mln damages in historic case

Published 28 Oct 2020 14:00 CET | Iceland

Icelandic operator Siminn said it is considering an appeal after Reykjavik District Court ruled against it in cases brought by Tolvun, Snerpa and Hringithjan and told it to ...

Siminn expects FY EBITDA near top of guidance range after Q3 figure rises 4%

Published 28 Oct 2020 12:35 CET | Iceland

Icelandic operator Siminn said it expects full-year EBITDA to be near the upper end of its guidance after a 4.1 percent increase in third quarter EBITDA, but investment is ...

Iceland's PTA says 70% of households pay for TV or VoD

Published 27 Oct 2020 14:28 CET | Iceland

Icelandic regulator the Post and Telecom Administration (PTA) said a consumer survey done in late September and early October on services via fixed lines found that almost 70 ...

Icelandic regulator confirms 2021 wholesale prices for fixed and mobile voice termination

Published 26 Oct 2020 12:05 CET | Iceland

Icelandic communications regulator PTA has confirmed its proposals for wholesale tariffs for  mobile and fixed call termination next year, after the EFTA Surveillance ...

Vodafone Iceland parent Syn negotiates sale and lease-back of infrastructure

Published 26 Oct 2020 09:37 CET | Iceland

Vodafone Iceland owner Syn said it has reached an agreement with foreign investors on private negotiations and the main terms for a potential sale and leaseback of passive ...

Siminn announces Spotify Premium price rise on 01 November

Published 02 Oct 2020 13:35 CET | Iceland

Icelandic operator Siminn has announced an increase in the Spotify Premium subscription price on 01 November. The price of a single service goes up by ISK 100 monthly to ISK ...

Siminn says National Court cuts compensation it must pay to TSC to ISK 30 mln

Published 28 Sep 2020 13:13 CET | Iceland

Icelandic operator Siminn said that the National Court has upheld the judgment of the Reykjavík District Court that it must pay Snaefellsnes ADSL network provider TSC ehf ...

Icelandic regulator sends wholesale voice termination prices to ESA, confirms USP designation

Published 28 Sep 2020 12:08 CET | Iceland

The Icelandic Post and Telecom Administration (PTA) said it has sent its draft decision regarding wholesale tariffs for mobile and fixed call termination to the EFTA ...

Icelandic PTA proposes to designate Neydarlinan as universal service provider to support 112 emergency calls

Published 11 Sep 2020 12:47 CET | Iceland

Icelandic communications regulator PTA said it intends to designate Neydarlinan as the universal service provider. In recent years, the national electronic communication ...

Icelandic PTA cuts wholesale mobile call termination price after leaving UK out of comparison following EEA departure

Published 11 Sep 2020 12:26 CET | Iceland

The Icelandic Post and Telecom Administration (PTA) is holding another consultation on wholesale prices for call termination on mobile phone networks as it has lowered the ...

Siminn announces another ISK 500 mln share buyback

Published 02 Sep 2020 11:54 CET | Iceland

Icelandic operator Siminn said its board of directors has decided to buy back more shares under the repurchase scheme agreed at the company's AGM on 12 March 2020. The new ...

Icelandic network and information security law enters force

Published 01 Sep 2020 13:31 CET | Iceland

The Icelandic Post and Telecom Administration has said a new law came into force on 01 September 2020 regarding network and information security. The law implements the ...


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