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Chronicle
In July 2005, the Icelandic government privatized Landssími Íslands and sold its 98.8% share to Skipti ehf. In December 2005, three companies, Landssími Íslands, Íslenska sjónvarpsfélagið (The Icelandic Television Company) and the parent company, Skipti ehf., merged and the name was subsequently changed to Síminn hf. In March 2007 the following proposals of Siminn's board were approved: A new parent company called Skipti hf. was introduced and Síminn was split into three companies: Síminn hf. the main operating company; Fasteignafélagið Jörfi ehf, a real estate company, and Míla ehf which owns and operates the national trunk and access networks in Iceland. The new structural change took effect from 31 October 2006.
A few important dates in the history of Skipti and its predecessors:
- 1906 - A submarine telegraph cable was laid from Scotland, through Faeroe Islands, to the east coast of Iceland.
- 1932 - The first automatic telephone exchanges in Iceland were opened.
- 1962 - The submarine cable, Scotice, between Iceland and Scotland was opened. In connection with the cable, telex services were established in Iceland.
- 1980 - The Skyggnir Earth station went live and telephone calls to other countries were routed via satellite and direct calling to other countries became a reality.
- 1984 - The first digital telephone exchanges were opened.
- 1985 - The laying of fibre optic cable around Iceland began.
- 1986 - Started operation of its NMT mobile network.
- 1994 - Went live with its GSM network. A new submarine cable, Cantat-3, was opened. The roll-out of FTTC/FTTB infrastructre commences
- 1995 - All telephone exchanges in Iceland were digitalized.
- 1998 - The telephone and postal services were separated and Landssími Íslands hf. (later Síminn hf.). was founded and the telecommunications market was liberalised.
- 1998 - Cable TV operations begin.
- 1999 - ADSL operations begins
- 2004 - IPTV operations begin and Landssími Íslands acquires Skjárinn, an Icelandic TV broadcaster. A new submarine cable, Farice 1, was opened.
- 2005 - Landssími Íslands hf. is privatized when the Icelandic government sold its 98.8% share of the equity and the name is later changed to Síminn hf. VoD service on the IPTV begins
- 2006 - Establishes Sirius IT and acquires the governmental IT services from TietoEnator in Denmark, Norway and Sweden which is the largest acquisition to date.
- 2007 - Reorganization and Síminn hf. becomes a subsidiary of Skipti hf. and following that transaction Siminn was split into three companies, Fasteignafélagið Jörfi ehf, Mila ehf and Síminn hf.
