Siminn, the Icelandic Telco incumbent has bought all shares in the Danish company BusinessPhone A/S from Kærhøj ApS (100% owned by Nils Palmqvist) and Henrik Søndbjerg. The transaction will take effect on September 1st 2007.
Skipti Ltd is a holding company of Siminn and related companies. The company's sales were up by ISK 3.8 b compared with the previous year, an increase of 32%. Profit for the first six months of this year came to ISK 2.4 b, compared with a loss of ISK 6.4 b for the corresponding period in 2006.