The Faroe Islands, an archipelago of 18 mountainous islands located between Iceland and Norway in the North Atlantic, has a small population of around 52,000, predominantly distributed around its coastal areas. The island's rugged geography and scattered population present logistical challenges for technology and telecommunications. Nonetheless, the Faroe Islands have established a robust telecommunications network, with Faroese Telecom providing internet coverage to all inhabited areas. In terms of renewable energy, the Faroe Islands have set an ambitious target to generate 100% of their electricity from renewable sources by 2030, primarily from wind and wave power. The technology sector, while smaller in comparison to telecommunications and renewables, is growing, with an increasing emphasis on technology startups and digital innovation.
Mobile Network Operators
The are 2 companies operating mobile networks in this region.
Foroya Tele P/f, commonly referred to as FT, is the primary telecommunications provider in the Faroe Islands. The company was established in 1905 when the first telephone line was set up by Ólavi á Heygum, connecting Vestmanna and the capital, Tórshavn. The management of this operation was taken over by Løgting the following year, leading to the formation of the state telephone company originally named Færøernes Amtskommunes Telefonvæsen, later renamed to Telefonverk Føroya Løgtings. Over the years, Foroya Tele has significantly developed its infrastructure. By 1930, all locations in the Faroe...
Nema is a telecommunications company operating in the Faroe Islands. The company was originally established in the year 2005 as Hey, then a wholly-owned subsidiary of the Faroese Telecom. In January 2019, Hey were merged with Faroese telecommunications company Nema, creating a telecommunications, stationery and communications technology company, but the Hey telecommunications service brand was kept. In 2022, The telecommunications service abandoned the Hey trademark to start using the company's commercial name, offering all its products under the Nema brand.