Application of Síma hf. for the reopening of the settlement between the company and the Competition Authority, as set out in Decision No. 6/2015

This decision addresses the request from Síminn for the removal of conditions imposed on the company under a 2015 settlement, as set out in Decision No. 6/2015., Organisation of the telephone system and measures to promote competition in the telecommunications market.

Is it the conclusion of the Authority that there is a basis to annul certain provisions, in addition to those annulled pursuant to the settlement agreement entered into by the Competition Authority with Ardian and Míla in connection with the sale of Míla from Síminn, see Decision No. 16/2023.

However, the Competition Authority considers that it is not timely to lift certain important substantive conditions that rest on Síminn pursuant to in particular Chapters IV and V of the 2015 settlement agreement. They relate in particular to the separation of service components at Síminn, a ban on anti-competitive agreements, and Síminn's wholesale business. It is important, first, to gain further experience of the changes that occurred in the telecommunications markets following Ardian's sale of Míla and to resolve the outstanding complaints and investigations concerning Síminn. The regulator is then ready, in the next step, to re-examine whether there is a need to maintain individual conditions.