| Síminn | |
|---|---|
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| Type | Private |
| Founded | Original 1906; Merger of Iceland Telecom, Íslenska sjónvarpsfélagið and Skipti in 2005 |
| Headquarters | Reykjavík, Iceland |
| Key people | Lýður Guðmundsson, Chairman Brynjólfur Bjarnason, President & CEO |
| Industry | Telecommunications |
| Products | Telephone, Internet, Television |
| Revenue | ~$320 million USD (2004) |
| Employees | N/A |
| Website | www.siminn.is |
Síminn, (previously named Landssíminn) , is the former state-owned incumbent telecommunications operator in Iceland. The term privately held company refers to ownership of a business company in two different ways first referring to ownership by non-governmental organizations and second Year 1906 ( MCMVI) was a Common year starting on Monday (link will display full calendar of the Gregorian calendar (or a Common year starting Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. For the Greater Reykjavík Area see the Greater Reykjavík Area. Iceland, officially the Republic of Iceland ( ( Ísland or Lýðveldið Ísland ( Brynjólfur Bjarnason (b 1898 was an Icelandic communist politician President is a Title leaders of Organizations companies, Trade unions universities, and countries. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need Basic principle A traditional landline telephone system also known as "plain old telephone service" (POTS, commonly handles both signaling and audio information The Internet is a global system of interconnected Computer networks Television ( TV) is a widely used Telecommunication medium for sending ( Broadcasting) and receiving moving Images, either monochromatic In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages On July 28, 2005, the company was privatized and sold to Skipti for ISK 66,7 billion (ca. Events 1540 - Thomas Cromwell is executed at the order of Henry VIII of England on charges of Treason. Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. The króna (plural krónur) ( sign: kr; code: ISK) is the Currency of Iceland. $1 billion).
Síminn has diversified in recent years and invested heavily in the television sector in Iceland and bought Skjár 1, an Icelandic television channel. SkjárEinn ( Icelandic meaning "Screen One" is an Icelandic television channel owned by Iceland Telecom. Síminn also broadcasts and/or relays foreign and local TV channels over ADSL, using IP, and FTTC / FTTH.
In December 2005 it was announced that three companies, Síminn, Íslenska sjónvarpsfélagið (English: The Icelandic Television Company) (which owned Skjár 1) and the parent company, Skipti, would be merged into one, called Síminn. Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. SkjárEinn ( Icelandic meaning "Screen One" is an Icelandic television channel owned by Iceland Telecom.
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The year 1906 marked a milestone in Iceland's history of telecommunications. That year, a submarine telegraph cable was laid from Scotland through the Faroe Islands to Iceland, coming ashore on the east coast. A telegraph and telephone line, which ended Iceland's internal isolation, was laid to Reykjavik. The population of the country was 81,000 people at the time. Many years passed, however, before all Icelanders got access to the telephone system. The laying of telephone lines in rural areas was finished around 1960.
The first automatic telephone switch was opened for service in Reykjavik on Dec. 1st. 1932. The last manual party line in rural areas was converted to automatic telephony in 1986. The first digital switch was installed in 1984 and the network totally replaced with digital switches in 1995.
The period from 1985 is marked with massive changes in technology and new services in mobile telecomms and data communcations. The Iceland State Telephone Service was founded the same year as the submarine cable arrived in Iceland, 1906. In 1935, the telephone and postal services were consolidated under the name Póstur og sími (Post and telecommunications administration). In 1998 they were again separated, and Landssíminn (Iceland Telecom Ltd. ) was founded.
Póstur og sími had a monopoly on most telecommunications services until 1998. That year a new law came into effect and the market opened for competition. The first competitor was TAL, offering mobile services on reduced prices. Others followed, the biggest one being Íslandssími. In the Internet (ISP) market the competition was a lot tougher, with names like Íslandssími, Halló!, Margmiðlun, Skíma, Skrín, Snerpa, Íslandía and Miðheimar and the list goes on. In 2003 TAL, Íslandssími and Halló! merged under the name Og Vodafone. Vodafone Iceland is an Icelandic Telecommunications company and is part of the Icelandic IT company Teymi. Og Vodafone has since then bought a few Icelandic Internet Service Providers. An Internet service provider ( ISP, also called Internet access provider or IAP) is a company which primarily offers their customers access to the Internet On October 6th Og Vodafone changed it name to Vodafone