Nova (telecommunications)

Last updated

Nova hf.
Type Hlutafélag
IndustryTelecommunications
Founded2007
Headquarters,
ProductsTelephone, internet, television
Website www.nova.is

Nova, stylised as NOVA, is an Icelandic telecommunications company that began operations on December 1, 2007. Nova owns and operates its own 3G/4G/5G mobile network and offers FTTH fibre internet services through bit-stream access.

Contents

Nova ehf. was established in May 2006. At the end of March 2007, Nova received a 3G operating license and then officially opened on December 1, 2007. On April 4, 2013, Nova launched 4G/LTE service, the first for an Icelandic telephone company. On the 5th of May 2020 (05.05.2020), Nova launched its 5G network, again a first for Iceland. Nova's initial growth is attributed to its offer of free calls and SMS between its own subscribers, popular with younger consumers. Nova is the 2nd largest mobile phone company in Iceland with 32.9% market share in 2020 according to Electronic Communications Office of Iceland. [1]

Nova was awarded the 'Marketing Company of the Year' in 2009 and 2014.

Distribution

Nova operates its own 3G, 4G and 5G mobile and network networks, which covers about 95% of the population. But Vodafone and Nova also have a contract for sharing each other's mobile networks. The agreement means that Vodafone will have access to Nova's new third-generation mobile network (3G) and Nova will have access to Vodafone's GSM mobile network. [2] By the end of 2011, users had reached 100,000, reaching 156,000 in 2020. [1] [3]

See also

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References

  1. 1 2 Fjarskiptastofa (May 1, 2021). "Tölfræðiskýrsla PFS um íslenska fjarskiptamarkaðinn árið 2020".{{cite web}}: CS1 maint: url-status (link)
  2. "Samnýta 3G og GSM dreifikerfi hvors annars – Vísir". visir.is. Retrieved April 8, 2020.
  3. "Nova sækir um GSM-leyfi". mbl.is (in Icelandic). Retrieved April 8, 2020.