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Siminn says FY EBITDA could beat outlook as appeals committee reduces fine

Thursday 14 January 2021 | 13:28 CET | News
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Icelandic operator Siminn said the Competition Appeals Committee has partially repealed a decision by the Competition Authority and has reduced the fine imposed on the operator from ISK 500 million to ISK 200 million. This is likely to see its full-year 2020 EBITDA above its previous outlook, although the operator cautioned that an audit is still under way.

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Categories: General
Companies: Siminn
Countries: Iceland
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