Siminn Q2 revenues dip but profits rise as TV demand becomes less seasonal

Wednesday 29 August 2018 | 12:07 CET | News
Icelandic operator Siminn has announced a slight dip in second quarter revenues but said that profitability has improved. Mobile traffic was a little lower than at the start of the year but fixed line services, TV and IT fared well.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: General
Companies: Siminn / Telefonica
Countries: Iceland
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Siminn reaches deal to show English Premier League men's football for 3 seasons

Published 12 Nov 2018 12:21 CET | Iceland
Siminn said it has reached an agreement to broadcast English Premier League men's football for three seasons starting from ...

Siminn on track for FY growth after higher Q3 results

Published 31 Oct 2018 16:08 CET | Iceland
Iceland operator Siminn reported revenue of ISK 6.969 billion for the third quarter, up slightly from ISK 6.956 billion in the ...

Siminn wins court case against Vodafone Iceland parent Syn over TV distribution

Published 23 Oct 2018 13:00 CET | Iceland
Icelandic operator Siminn said that the Supreme Court has ruled in its favour in the dispute with Syn, the parent company of ...

Last week in telecoms: newcomers from regulation, stock market exits from consolidation

Published 03 Sep 2018 07:30 CET | Europe
Last week showed that the telecoms sector has one drawback that distinguishes it from many other industries: intense regulation. ...

Telecomindex week 35: regulering zorgt voor nieuwkomers, consolidatie voor beursexits

Published 03 Sep 2018 07:15 CET | Europe
Allereerst liep het cijferseizoen bijna ten einde met IJslands Siminn (-1,0%) en het Franse conglomeraat Bouygues (+1,6%) ...

Vodafone Iceland parent Syn lifts Q2 revenue 61%, boosted by 365 acquisition

Published 30 Aug 2018 12:20 CET | Iceland
Icelandic company Syn, which runs the Vodafone brand in Iceland and media company 365, said second quarter revenue rose by 61 ...

Siminn TV decoder to work on any network from autumn

Published 19 Jun 2018 13:19 CET | Iceland
Icelandic operator Siminn said that from autumn, its television service will be accessible to anyone, regardless of their ...

Siminn buys back 35.5 million own shares in week to 15 June

Published 18 Jun 2018 19:37 CET | Iceland
Icelandic telecoms operator Siminn said it bought back 35.5 million of its own shares in the week from 11 to 15 June worth nearly ...

Nordic operators welcome joint 5G plan but Swedish firms warn of potential 700 MHz monopoly

Published 23 May 2018 13:13 CET | Scandinavia | Update: 24 May 2018 12:50 CET
The CEOs of Telia Company, Tele2 Group, TDC Group, Ericsson, Nokia, Vodafone Iceland, Siminn and Telenor Group said in a joint ...

Siminn says water damage at Reykjavik exchange causes loss of services

Published 01 May 2018 13:25 CET | Iceland
Icelandic operator Siminn said there has been a failure at one of its telephone at Austurvollur square in Reykjavik following a ...

Siminn says young customers' high data use and IPTV features boost Q1 results

Published 25 Apr 2018 12:23 CET | Iceland
Icelandic operator Siminn said that revenue in the first quarter of 2018 rose by 2.2 percent to ISK 6.88 billion from ISK 6.72 ...