Greatly Improved Security for Icelands International Telecommunications - International voice and data transmission capacity increases thousandfold
Today can safely be said to mark a major turning point in Icelandic telecommunications with the formal opening of the FARICE submarine transmission cable, linking Iceland and Scotland via the Faroe Islands.
Iceland Telecom Síminn´s profits in the first nine months of the year 2003 amounted to 1.615 million IKR compared to 1.779 million for the same period in the year 2002. This decrease is mainly caused by exchange rate difference which was negative to the amount of 170 million IKR.
Iceland Telecom Síminn´s profits in the first six months of the year 2003 amounted to just over 977 million IKR compared to 1001 million for the same period in the year 2002.
Iceland Telecom - Síminns profits in the first nine months of the year 2002 amounted to 1.779 million IKR compared to 790 million IKR for the same period in the year 2001. All the main elements of the financial statement were according to plan.
Ericsson will supply a total MMS solution including core infrastructure, MMS Center, mobile data gateways and a range of support services to Iceland Telecom.
Iceland Telecoms profits in the first half of the year 2002 amounted to 1.001 million IKR compared to 390 million IKR for the same period in the year 2001.
Brynjólfur Bjarnason, former CEO of Grandi, has joined Iceland Telecom (Síminn) as its new CEO. He replaces Mr. Óskar Jósefsson, who now rejoins PwC after a one year long tenure as an interim CEO.
Iceland Telecom profits for the first quarter for the year 2002 amounted to 510 million IKR. This exceeds estimations made by Iceland Telecom for the period.
Iceland Telecom will start broadcasting digital TV next fall. Digital TV is a new kind of broadcasting technology, which greatly increases the opportunities of TV-broadcasting.
Iceland´s Executive Committee on Privatisation has recently been engaged in preparations for the sale of shares in Iceland Telecom (Landssími Íslands hf.) in line with the policy laid down by the Government and the Ministerial Committee on Privatisation last winter.
Iceland´s Executive Committee on Privatisation has recently been engaged in preparations for the sale of shares in Iceland Telecom (Landssími Íslands hf.) in line with the policy laid down by the Government and the Ministerial Committee on Privatisation last winter.