Gagnaveita Reykjavíkur

Name

Gagnaveita Reykjavíkur

Legal name

Ljósleiðarinn ehf.

Website

https://ljosleidarinn.is

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Fiber Optic Telecommunications Infrastructure

SIC

Computer Communications Equipment (3576)

akta.pro primary industry

Open-Access Fiber Network Operators (Wholesale-Only) (HDAIACAF)

akta.pro secondary industries

Fiber-to-the-Home (FTTH) Operators (HDAIACAB), Wholesale Wavelength, Spectrum & Dark Fiber Providers (IRU/Leases) (HDAIALAI)

Keywords

• Fiber optic network
• Telecommunications infrastructure
• FTTH connectivity services
• Dark fiber wholesale
• Open access network

Headquarters

HQ city

Reykjavík

HQ country

Iceland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D

Revenue model

1. Fiber Access Fees: Monthly subscription fees charged to end customers for fiber optic network access. Pricing varies for residential (heimili) and business (fyrirtæki) segments with different speed tiers available.
2. Wholesale Services: Wholesale access fees charged to telecommunications companies that provide services over the Ljósleiðarinn network, including dark fiber, wavelength, and lit services.
3. Installation and Activation Fees: One-time fees for fiber connection installation, special setups, equipment moves, and repair services for damaged infrastructure.
4. Green Bonds: Green bond issuance program initiated in 2021, planned for listing on Nasdaq Iceland, providing debt financing for fiber network expansion.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Gagnaveita Reykjavíkur (branded as Ljósleiðarinn) builds, owns, and operates an open-access fiber optic network in Iceland using Point-to-Point (PTP) architecture. The company delivers dedicated fiber connections to households and businesses through direct one-visit installations, and supplies wholesale dark fiber and capacity to telecom operators who resell services to end users.

Product overview

Ljósleiðarinn operates an open-access fiber optic network infrastructure for Iceland. The core offering is the Ljósleiðarinn fiber network, a point-to-point system providing dedicated connectivity to each customer. The product portfolio includes premium tier TÍU GÍG (10 Gbps service) for demanding residential users, business solutions under Ljósbox (1-10 Gbps) and Ljósbraut (100 Mbps-10 Gbps), and wholesale dark fiber infrastructure products. The network is available to all Icelandic telecommunications companies who provide services over the fiber infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Ljósbraut Business fiber product offered by Gagnaveita Reykjavíkur (Ljósleiðarinn) to Icelandic business customers requiring dedicated fiber connectivity.
• Ljósbox Business fiber product offered by Gagnaveita Reykjavíkur (Ljósleiðarinn) to Icelandic business customers requiring dedicated fiber connectivity.
• TÍU GÍG (10 Gbps) High-bandwidth (10 Gbps) fiber service tier offered by Ljósleiðarinn to subscribers over its Point-to-Point fiber network.
• Residential Fiber Access (heimili) Direct residential fiber access subscription delivered to Icelandic households over the Ljósleiðarinn Point-to-Point network via one-visit installation.
• Dark Fiber (Wholesale) Wholesale dark fiber service provided by Gagnaveita Reykjavíkur to telecom operators and infrastructure partners on its open-access network.

Quantifiable outcome

• 100,000+ Icelandic households can access fiber services through Ljósleiðarinn
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Rafíþróttasamband Íslands (RÍSÍ)coreStrategic or Co-development Partner · 22 June 2026Ljósleiðarinn is the main sponsor of Ljósleiðaradeildin (Counter-Strike esports league), the top-tier esports division in Iceland. The partnership has continued for years, supporting the growth and professional development of esports. The collaboration aims to strengthen the esports community, increase visibility, and create opportunities for Icelandic gamers.
• Orkuveitan (Reykjavik Energy)coreOthersLjósleiðarinn is a wholly-owned subsidiary of Orkuveitan (Reykjavik Energy). Orkuveitan also owns Veitur, Orka náttúrunnar, and Carbfix. The company supports a growing society, homes, and businesses with innovation in energy, utilities, and carbon capture.
• Icelandic Telecommunications CompaniescoreChannel Partner/ Reseller/ DistributorSix Icelandic telecommunications companies provide internet, phone, and television services over the Ljósleiðarinn fiber network. Customers choose their service provider, who then arranges connection through Ljósleiðarinn's infrastructure.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Deutsche Glasfaser: German open-access FTTH operator deploying fiber in rural and suburban areas, with services sold through partner ISPs. Matches Ljósleiðarinn's open-access wholesale FTTH approach.
• Open Infra: Swedish open-access fiber network operator building wholesale FTTH infrastructure for ISPs across the Nordics. Closely comparable business model to Ljósleiðarinn as a pure open-access wholesale fiber platform serving multiple retail service providers.
• GlobalConnect: Nordic fiber and data communication provider operating one of the largest fiber networks in the region with wholesale dark fiber and lit services to carriers and ISPs. Comparable wholesale fiber infrastructure footprint across the Nordics.
• IP-Only: Swedish open-access fiber operator (now part of Telia) that built and operated wholesale FTTH infrastructure for partner ISPs. Directly comparable open-access wholesale fiber business model in the Nordics.
• SIRO: Irish wholesale open-access FTTH joint venture between ESB and Vodafone, deploying fiber to homes with ISPs reselling services. Direct comparable on open-access wholesale FTTH delivery model.
• CityFibre: UK-based wholesale full-fiber platform serving ISPs and mobile operators. Operates a comparable open-access wholesale FTTH model where ISPs deliver retail services over CityFibre's passive infrastructure.
• Bulk Infrastructure: Norwegian fiber and data center infrastructure operator providing wholesale dark fiber and backhaul services to carriers and cloud providers. Comparable wholesale fiber-network operator in the Nordic region.
• Lyse (Altibox): Norwegian utility-owned open-access fiber and broadband provider operating the Altibox platform for partner ISPs. Highly comparable to Ljósleiðarinn given the utility-parent ownership structure and wholesale open-access delivery to multiple retail ISPs.

Regional players

• Míla: Icelandic telecommunications operator (subsidiary of Síminn) that maintains its own copper and fiber access infrastructure across Iceland. Regional competitor/adjacent in the same geography, though primarily an integrated retail telecom rather than wholesale-only platform.
• Síminn: Iceland's incumbent telecom operator providing fixed and mobile services. Operates in the same Icelandic market and is one of the six ISP customers of Ljósleiðarinn, making it both a customer and a partial competitor via subsidiary Míla.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ljosleidarinn

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gagnaveita Reykjavíkur