Siminn

Síminn hf., also known as Iceland Telecom, was originally founded as the Iceland State Telephone Service in 1906, coinciding with the arrival of telephone technology in the country. It is a telecommunications company that provides a range of communication services for both private and corporate clients. These services include mobile (2G/3G/4G/5G), landline (VoIP/POTS), Internet (ADSL/VDSL/FTTH) and IPTV services. The company also operates several TV channels and streaming services. Síminn is publicly listed on the Icelandic stock exchange and has a significant presence in the country, with its mobile network reaching over 99% of Iceland's population. The company was initially a state-owned entity, part of the incumbent postal and telecom operator, Póstur og Sími, and later, Landssíminn. In 1998, it was separated from the Icelandic Postal Service (Íslandspóstur) and became Landssíminn, or Iceland Telecom Ltd. In 2005, the Icelandic government privatised Landssími Íslands and sold its 98.8% share to Skipti ehf. The company, along with Íslenska sjónvarpsfélagið (The Icelandic Television Company) and Skipti ehf., merged and was subsequently renamed Síminn hf. In 2021, Síminn's infrastructure arm, Míla ehf., was sold to foreign investors, Ardian, a move that raised questions about national security infrastructure.