Spark unshoulders burden of network build out with TowerCo sale

Spark unshoulders burden of network build out with TowerCo sale
Passive network infrastructure is a slow moving investment that telcos increasingly see no need to manage. (Image: Getty)
Ben Moore
Spark has secured its future expansion in its deal with TowerCo as it includes a commitment to build 670 additional passive tower sites over the next 10 years.Not only will this ensure that the network Spark uses (and whoever else rents space) will continue to expand but will relieve the telco of the capital expenditure burden.Morningstar telco equity analyst Brian Han said the deal and the promises of future network build show why selling and buying passive tower assets makes sense for both sides.The costThe impending sale of 70% of TowerCo to...

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