Skipti, the parent company of Siminn Iceland Telecom, is about to announce a major economic restructuring which will include laying off around 40 staff members. Read the full story

Siminn, the Icelandic telecommunications company provides communications services to around 70 cruise ships all over the world – deals which have netted the company some 90,000 extra customers and around ISK 1 billion in extra takings, Frettabladid reports. “You could say this is an offshoot of our successful work with Icelandic fishing ships,” said Saevar Freyr Thrainsson, Siminn CEO. Read the full story