Tosa ceases operations

14.06.2022 - 21:04
Tosa ceases operations
Telecoms firm which aimed to take on the two major providers is undergoing bankruptcy proceedings
Tosa has been selling mobile phone and internet subscriptions since December 2020

Phone and internet provider Tosa is facing bankruptcy due to a lack of investment capital.

The company reported a deficit of DKK 1.1 million in 2020. Its owner equity was DKK 565,000.

 >> SEE ALSO New telecoms firm opens

Tosa is currently helping its customers switch to other operators.

All Tosa customers will be sent instructions on how to keep their old phone numbers.


Read the Faroese version of this article here.

More Faroese News in English.

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