Subscribe today - find out more
Why you should consider BusinessDesk
Infrastructure

Spark eyes co-ownership for mobile towers, fibre network

Staff reporters
Wed, 18 Aug 2021

Spark says it is accelerating its investment in building 5G mobile networks. (Image: Deposit Photos)
Staff reporters
Wed, 18 Aug 2021
Spark New Zealand is accelerating its investment in building 5G mobile networks, where it sees the most growth opportunities, and is in talks with potential partners to share ownership of the passive infrastructure such as its mobile tower network.The country’s biggest telecommunications company reported an 8.6% decline in net profit of $384 million in in the 12 months ended June 30, as a shift to shorter-life assets and increased lease activity lifted its depreciation and amortisation costs.Revenue slipped 0.8% to $3.59 billion, reflecti...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Coronavirus
New 3-storey planning rules, shorter MIQ in prospect this week
Pattrick Smellie | Tue, 19 Oct 2021

Also expected this week is an announcement from covid response minister Chris Hipkins to reduce managed isolation and quarantine stays from 14 days to nine.

Technology
Ministry of Health: two vaccine certificates for data reasons
Henry Burrell | Tue, 19 Oct 2021

New Zealand’s international vaccine certificates will be based on the EU standard.

Property
Arvida's $345m purchase a sharp deal with development opportunities
Jenny Ruth | Tue, 19 Oct 2021

Arvida is raising more capital than it needed to complete the Arena transaction.

Sponsored
Let's not lose sight of the wood for the trees

As much generation will need to be built in the next 14 years as has been built in the last 40+ years for Aotearoa to meet its commitment of achieving net zero emissions by 2050.

Sponsored
Getting the health and safety of remote workers right

With many staff working alone or in isolated situations, workplace health and safety is an operational priority. Here is how your business can protect remote workers.