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  • 250+ highly trained staff with international experience  • Efficient organisation, strong cash flow, high solidity, high profit  • Part owner of several ICT business solution companies, e.g. Formula.fo and  Norriq, Denmark