Føroya Tele (Faroese Telecom)

Faroese Telecom is the incumbent telco of the Faroe Islands, established by an act of the Faroese Parliament in 1906. In 1998, Faroese Telecom was re-organized as a limited liability corporation with the government of the Faroe Islands as the sole shareholder. Following swift liberalization of the market beginning in 1997, privatization initiatives are underway. • The leading provider of ICT services covering traditional telecommunications as well as digital terrestrial television in the Faroe Islands • Headquartered in Tórshavn, the capital of the Faroe Islands, and branch offices located throughout the country • Highly trained staff with international experience • Efficient organisation, strong cash flow, high solidity, high profit • Part owner of ICT business solution companies Formula and Vikmar.